GPP 0.00% 0.1¢ greenpower energy limited

Possible and appears a very good theory. Somewhere between TDH...

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  1. 6,289 Posts.
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    Possible and appears a very good theory.

    Somewhere between TDH 12 and 13 lies the answer. I note there are parts in between there that had high stream LI20 outcomes so that will tell the story.

    I had a similar issue, but suspect he has access to photos/videos of the core itself as well as on the ground geologists from GSM who are verifying. Also suspect there is a process been followed here as well, but ultimately assays will determine. If interested have a read of the answers to question 10 - 16 in this link. Personally, you would think you would be on the ground during a first drill, just a view, but ultimately it is about documentation around the process for drilling etc etc to give comfort the cores are what they are (and have not been altered etc etc) before you talk about the assays and then estimate a resource etc etc. I also note as per an earlier post this drilling program at best will only establish an 'inferred resource' and inferred resources are not the basis of mining decisions, 'measured and indicated' are, so I would expect him to be on the ground if we moved to the next stage of exploration.
    https://www.asx.com.au/regulation/c....htm#competent-person-requirement-independent

    Also in JORC reporting itself, i.e. the table you see at the back of the Anns, one of the interesting questions asked is has the Competent Person undertaken site visits and if not why not. I think Watts has taken site visits in the past (as did an earlier geologist BB) but for first drills I too thought he would be there. So wondering who on the GSM side is also doing some of the verification work or at least ensuring the JORC processes are been followed etc etc as I posted last night on this thread itself - Post #: 32779840

    Another way to put it you don't expect the Competent Person to be there for every drill, but you would expect them to be there for regular site visits and at least be there for a few of the drills (and ensure they have a delegated geologist who knows what they are doing process wise when he is not there).

    IMO
    Last edited by Scarpa: 01/05/18
 
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