Ann: New High-Grade Au-Cu-Co Resource at Greater Carlow, page-16

STILL Inferred after all this time - probably the reason for the selloff. No mining reserve until they get it to Indicated.

I said years ago, brecciated mineralisation tends to be complex and variable which creates challenges IMO. The big changes in geometry between cross sections illustrates it.

"The Mineral Resource has been classified as Inferred. The classification level is based upon assessment of geological understanding of the deposit, geological and mineralisation continuity, drill spacing", i.e. insufficient geological understanding of the deposit and insufficient grade continuity to classify any of it as Indicated.