CRK 0.00% 26.5¢ carrick gold limited

Inferred resources are not much use when it comes to designing a...

  1. 1,544 Posts.
    Inferred resources are not much use when it comes to designing a mine. You need actual reserves. The point of this extra drilling is to be able to convert those resources into reserves which are worth ten time as much as resources. The PFS was delayed because of lack of confidence in resources/reserves. Looks like the drilling is confirming those reserves as we would have expected.
 
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