JORC Code, 2012 EditionThe Inferred category is intended to cover situations where a mineral concentration or occurrence has been identified and limited measurements and sampling completed, but where the data are insufficient to allow the geological and grade continuity to be confidently interpreted.
Not a great result imo and should not have been announced. I;m surprised the ASX allowed it.
Inferred = we think it's there and in many cases it isn't.
An MRE would not be allowed to have all this low confidence gold.
Can't recall any other company making an inferred ann like this.
Look at the table of results, small intersections and mostly low grade.
Sorry to be negative but this is a misleading ann imo.
JORC Code, 2012 EditionThe Inferred category is intended to...
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