I have estimated the Inferred JORC at around 557mt based on a...

I have estimated the Inferred JORC at around 557mt based on a specific gravity of 3t/m³, but realistically we should expect somewhere between 520 and 560mt. Bear in mind that this is my opinion ONLY, and certainly no investment decision should be made based on the data I provide to this forum.

CSA Global will more than likely be using previous mapping and magnetic surveys to assist with their JORC calculation. They will also determine the specific gravity after extensive sample testing. That said, the Inferred JORC is an estimate of tonnage, grade and mineral content with a low level of confirmation. It can be said that my level of confirmation is very low...lol

I have avoided a long winded report as I believe that there's sufficient information in the following 6 page PDF file to get a handle on how I derived the tonnage and grading:



Note: downloading from host site can be a little slow...

For those who need the link:

http://www.keepandshare.com/doc/2569662/pdy-agu-jorc-final-pdf-february-3-2011-11-21-pm-5-1-meg?da=y