cheapprice,
Agreed: it is inferred.
An inferred mineral resource is a deposit which has been sampled (usually by drilling),
as you know,
to a point at which
an estimate of its grade and tonnage is
made at low confidence. Generally this
is very approximate and subject to uncertainties.
Of course there is always Bendigo etc.
However it may well give a dimension to
what could be at stake.
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Ann: Monax secures second Designated Project with Antofagasta, page-5
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