ADY 9.09% 1.2¢ admiralty resources nl.

what if jorc is 1 billion tons, page-6

  1. 82 Posts.
    EVW, you said:

    ie. JORC Compliant Resource means its an internationally recognized and proven resource.

    Have a look at Ballarat Gold to see the definition of a "proven resource"

    The resource is only proven in the eyes of the company representative, who is usually the Geo, who can be under pressure from the company to declare a resource/reserve.

    I'm not saying this is the case here of course, but have your wits about you when you read all about the JORC Compliant resource.
 
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