Come on Rabbitoh, you know (or should know) fully well that JORC...

Come on Rabbitoh, you know (or should know) fully well that JORC 2012 requires this qualification:



There is ample examples of companies converting exploration target into resource.

NXM says itself it will focus on converting and re-risking high value ounces from exploration target:

The gold grade range applied assumes a lower cut off threshold compared to the reported MRE, which is supported by existing drill hole intercepts, and is considered conservative in nature. The overall Exploration Target is well supported by numerous drill intercepts throughout the deposit. Further drilling will be considered upon conclusion of the mine studies, which will see focus on resolving and de-risking highest value ounces.

Plenty of opportunity for NXM - the churn today provides potential opportunities to those who find the work compelling.