CSIDEROBYou make a valid point and thats what is now good about...

CSIDEROB

You make a valid point and thats what is now good about this thread which use to be a joke.

I got ahead of things with that statement and you are quite correct. Until we get to JORC we cannot assume we know exactly what is there.

However the size is pretty is substantial and the calculations done by the Rio/Santos JV geos back in 1982 came up with 106Mt at 0.12%MO (I adjusted for know errors) and including 55Mt @ 0.19%MO as a high grade core. Their unoofficial opinion was, at that time, that its actual size is around 200Mt @ 0.12%MO.

They put down 36 diamond holes and did extensive trenching and other sampling.

To take to JORC it needs 40 more holes drilled in the same Azimuth (direction) at about 45% dip.

The diamond drilling to be continued will be using small man rigs do to the hilly terrain.