JORC resource from Sumba. Refer to AGM preso and the discovery of "bonanza grades" of gold, into the THOUSANDS of g/t levels.
There is a 0% chance of there being a JORC resource by Xmas, however, they wouldnt manage that for an Aussie resource, let alone one on an Indonesian island.
DS has himself said there is potential of defining a JORC in 2013 but they are naturally wary of cash flow constraints and therefore it could be longer.
Still, this is excellent news for those staying in long term. HGO will never mine Sumba, for sure, they will probably pass it up to a bigger party, but still any $$$ are welcome.
JORC resource from Sumba. Refer to AGM preso and the discovery...
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