Ann: Thick High-Grade Gold Intersected in Butchers Creek Drilling, page-21

  1. 6,322 Posts.
    lightbulb Created with Sketch. 500
    very good question, it’s a matter of confidence . Existing JORC at this depth is a bit awkward, unless gold price keeps soaring it may not be economic, plus it’s already a 300k ounce resource, the company expected to increase the overall grade via infill drilling. That’s more important.

    Another reason is risk of infill drilling is low, it may have some high grade discoveries to attract new capital.
 
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