Cebera
That is totally incorrect and misleading!! LRC have a JORC compliant resource of 1.1 million ounces eq in the ground.The grades you are refering to have been calculated x the ore tonnage to come up with 1.1 million oz AU JORC.
Do some research on how a company measures their resource.
Its tonnage x grades = in LRC case 1.1 million OZ AU