Ann: Low Grade Stockpile Update to Indicated Reso, page-9

re: Ann: Low Grade Stockpile Update to Indica... Tinnitus,

That's why it's classified as 'indicated' and not 'measured'.

INDICATED
- where an estimate has been made, at a REASONABLE LEVEL OF CONFIDENCE, of their contained metal, grade, tonnage, shape, densities, physical characteristics.

MEASURED
- sampling that a 'competent person' (defined by the norms of the relevant mining code; usually a geologist) has declared them to be an acceptable estimate, at a HIGH DEGREE OF CONFIDENCE, of the grade, tonnage, shape, densities, physical characteristics and mineral content of the mineral occurrence.