"bout the Forrestania Gold Project
The FGP Tenements (excluding Kat Gap) are registered in the name of Reed Exploration Pty Ltd, a wholly owned
subsidiary of ASX listed Hannans Ltd (ASX: HNR). Classic has acquired 80% of the gold rights on the FGP Tenements
from a third party, whilst Hannans has maintained its 20% interest in the gold rights. For the avoidance of doubt Classic
Ltd owns a 100% interest in the gold rights on the Kat Gap Tenements and also non-gold rights including but not limited
to nickel and other metals.
Classic has a Global Mineral Resource of 8.24 Mt at 1.52 g/t for 403,906 ounces of gold, classified and reported in
accordance with the JORC Code (2012), with a Scoping Study (see ASX Announcement released 2nd May 2017)
suggesting both the technical and financial viability of the project. The current post- mining Mineral Resource for Lady
Ada, Lady Magdalene and Kat Gap is tabulated below.
Additional technical detail on the Mineral Resource estimation is provided, further in the text below and in the JORC
Table 1 as attached to ASX announcements dated 18th December 2019, 21st January 2020, and 20 April 2020."
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02566191-6A1108775?access_token=83ff96335c2d45a094df02a206a39ff4
I think this is what they are referring to.
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