CTP 2.00% 5.1¢ central petroleum limited

ctp's coal is not irrelevant, page-11

  1. 112 Posts.
    Bob.

    This may help you and others understand what a "target" is in relation to JORC. Note the final couple of lines.

    ?Any such information relating to exploration targets must be expressed so that it cannot be
    misrepresented or misconstrued as an estimate of Mineral Resources or Ore Reserves. The
    terms Resource(s) or Reserve(s) must not be used in this context. Any statement referring to
    potential quantity and grade of the target must be expressed as ranges and must include (1) a
    detailed explanation of the basis for the statement, and (2) a proximate statement that the
    potential quantity and grade is conceptual in nature, that there has been insufficient
    exploration to define a Mineral Resource on the property and that it is uncertain if further
    exploration will result in discovery of a Mineral Resource on the property.?

 
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