CRC cortona resources limited

moly's larger 2005 jorc at dargues reef

  1. 5,618 Posts.
    From Moly Mines (undated 11/04/2006?):

    www1.molymines.com/public/documents/4/5/MOL_20060411.pdf

    "In November 2005, the Company announced it's first JORC compliant Inferred Resource at Dargues Reef of 3,720,000
    tonnes @ 3.0 g/t Au for 360,000 oz."

    This was written prior to Moly divesting it's gold assets to concentrate on the Spinifex molybdenum deposit and I consider it's worth comparing the above JORC to CRC's current one for Dargues of 1.44Mt @ 6.2g/t gold for 286,000oz.

    If the Moly JORC is correct and given that a lot more holes have been put down since 2005 (most intercepting high grade strikes over decent intervals), a 500,000 oz + resource isn't out of the question for starters IMO only.

    Maybe they get added together LOL!

    Not ramping or being a conspiracy theorist, but are we missing something here??

    All the best
    chick
 
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