“The second deposit (dark pink in Figure 8) has alsobeen drilled...

“The second deposit (dark pink in Figure 8) has also
been drilled and Esso previously estimated a total
target of approximately 220 million tonnes.
Although this deposit is yet to be reported as a range
of tonnages as required under the JORC Code to
report a JORC Compliant Exploration Target, Mantle
views the conceptual size of the deposit as a material
piece of information.
Figure 8: Historical drill holes.

Mantle wishes to note that “the potential quantity and grade of the potential Exploration Target is conceptual in nature,
that there has been insufficient exploration to define a Mineral Resource, and that it is uncertain if further exploration
will result in the determination of a Mineral Resource.”


That point above Mantle views the conceptual size of the deposit as a material piece of information, is the winner...its just needs to be proven...
Competent Person’s