Good to see the boys continue to deliver as promised.
At the RUI Conference presentation in Feb they indicated the existing resource would be upgraded to JORC 2012 guidelines by Q2 2015.
And here it is, right on the button.
Also most gratifying that, a second set of expert eyes having run over Navigator Resources' data and interpretation, the outcome is entirely positive, "with all reviewed resources deemed robust and 2012 JORC compliant".
KIN's own updated JORC 2012 compliant Resource at the LGP comes in remarkably close to the original -11.825Mt @ 1.9g/t Au for 722,300oz (2012) vs 12.29Mt @ 1.9g/t Au for 745,000oz (JORC 2004).
Now we have that confirmation, it'll be exciting to follow KIN's endeavours to further increase what Navigator had as an additional 282,000oz beneath or along strike of its open pit designs.
As this morning's Update makes clear: "Evaluation (is) ongoing in other areas with the intention to convert advanced projects to 2012 JORC compliant resources".
KIN Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
