MCO 0.00% 11.0¢ morning star gold n.l.

loki01,The 1M oz resource is in the INFERRED category. In other...

  1. 677 Posts.
    loki01,
    The 1M oz resource is in the INFERRED category. In other words they "think" there "might" be a million ounces under there. Getting MEASURED resources which can the be converted to "RESERVES" takes an awful lot of drilling, particularly in Victorian ground where the gold is nuggety. That was what I found in my other Victorian goldies. It's a real "see how we go" approach. You are never really sure of what you've got until the ore has been dug out and put through the process.
    Busting
 
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