ASQ 0.00% 3.5¢ australian silica quartz group ltd

management update on progress, page-10

  1. 257 Posts.
    nussy, correct me if i am wrong, however i am under the impression that BAU must drill new holes to obtain JORC compliant results which can then be released to the market... my understanding is that BAU are busily working with WorleyParsons to map out a target drilling program based on the old drilling data, so that when the tenement applications are approved, they can jump straight into the drilling program to obtain JORC resource estimates... however its all just formalities really, as we all know that there is ample bauxite in the ground based on the late 60's early 70's non JORC results... i would appreciate any comments if my understanding is wrong...
 
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