FFX 0.00% 20.0¢ firefinch limited

Looks like the girls are ganging up on us, Jasmine now gbgirl -...

  1. 3,963 Posts.
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    Looks like the girls are ganging up on us, Jasmine now gbgirl - but a fair question.

    Short answer, the only reserve category is the tailings, ironically these are the resources that cop the most flak from criticisers.

    The 2 satellite pits had 110k oz produced by Barrick without even an inferred resource statement let alone a jorc proven reserve statement. Having said that they knew what was there from the assays.

    The Doc has said the current resource statement for Morila is inferred because they didn't have access to the data. In a few weeks they'll upgrade that to include measured etc leading to reserves.

    The gold is there as evidenced by the extensive drilling, just a matter of classifying it, which had been neglected by Barrick (they had no need)


 
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