High Graded definition: adjective 1. of excellent or superior...

High Graded definition:

adjective
1.
of excellent or superior quality.
2.
(of ore) yielding a relatively large amount of the metal for which it ismined.
verb (used with object), high-graded, high-grading.
3.
to steal (rich ore) from a mine.

Early interpretation of the conventional potential at Project Icewine has been high-graded with evidence of significant amounts of oil and excellent reservoir in the region. Acquisition of 3D seismic will be crucial to unlocking this potential and, with the success of the recent placement and share purchase plan, the Company is well placed to execute its seismic strategy in the near term.”