Just my take from reading the resource write-up in the IPO document, but it would seem that there is already a resource, but cannot be declared as JORC-compliant just because there is no QA/QC of the historical drilling and assay programme. This would mean whatever drilling work currently being done is just a formality to satisfy the QA/QC requirement. Bottom line: garnet is there just cannot be formally declared.
Banter & comments, page-62
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