Ann: Native Title Agreement Executed for Agate Creek Gold Mine, page-95

No feasibility study = going down to the race track and throwing a dart at a list of horses. For further information feel free to read the last 10 years of the CDU threads and see how it panned out for them.

https://www.researchgate.net/public...Estimation_The_Importance_of_Getting_it_Right


I'm just going to leave this article here - its detailed enough for most to appreciate the issues involved but written clearly enough so that a layman has a chance of following it- if anyone is interested in the science of resource estimation this is one of the better published papers out there - if you can't understand this paper then you are gambling...

If nothing else look at Table 4 on page 84 to see how errors in grade estimation can potentially make even high grade deposits uneconomic - especially when combined with lengthy transportation logistics.