EQX equatorial resources limited

re: News: Metallurgical testwork for Mayoko-M... Cheers for the...

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    re: News: Metallurgical testwork for Mayoko-M... Cheers for the comparison Buzzcut.

    Also, another example, Aferro Mining. Drilled 41,000m at Nkout to achieve the following results;

    1.2Bt at 32.9% Fe Indicated, 1.3Bt at 30.3% Fe Inferred

    http://www.afferro-mining.com/new/nkout.asp

    Now I'm not saying I'm expecting those numbers, I'm just pointing out what 40,000m of drilling can achieve. JW has also consistantly said that the drilling at Mayoko is concerntrating on the DSO & pDSO to show the potential for a near term operation so we won't be seeing any of the BIF in the JORC. What I'm thinking though is that, with the amount of drilling completed, we will have a substantially larger JORC than the ~100mt I was expecting, and that it'll be more towards the indicated/measured JORC category rather than inferred.

    It just seems as though we have been drilling for a long time, and that if the aim of the drilling was to get a basic JORC out that would help support the case for a 5mtpa operation for 10 years (80-100mt inferred), then that could have been achieved quite some time ago. Thoughts?
 
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