CTO 0.00% 0.4¢ citigold corporation limited

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  1. 478 Posts.
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    Jezza

    Do you think in your opinion they actually have the information required to generate any form of Resource, let alone Reserve. Or given the age and amount of data could the project only ever achieve Exploration Target.

    Given the age of the data and details as required under JORC 2012, let alone any new additions to the Code that may eventuate, I would of suspected they would struggle to meet requirements to comply with 2012. Then there is the issue of a sign off, who would want to put their name to the data, resource and project as a Competent Person? Then have to factor in reasonable prospects of economic extraction.

    Could there ever realistically be an accurate and thorough 2012 JORC Code compliant Resource?


 
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