Drill Results
in response to
by
posted on
Nov 08, 2007 07:03AM
The company whose shareholders were better than its management
As I understand the TSX rules once you start releasing results on a project you MUST release all results......
There is an eight page guide put out by the TSX which you can see at the link below....hope this helps
From the TSX Disclosure Standards
for Companies Engaged
in Mineral Exploration,
Development & Production
http://www.tsx.com/en/pdf/TSX_DisclosureStandardsMineralExploration.pdf
V Exploration Results
General Requirements
When disclosing the results of exploration activity on its
properties, a company shall state the source of the information
when it was not obtained by the company itself.
The company shall also provide the name(s) of the qualified
person(s) responsible for the design and conduct
of the exploration program. The relationship of such
person(s) to the company shall also be disclosed.
Apart from disclosure of results of exploration activities
as described in more detail below, a general description
of the geological environment must be disclosed, including
any known potential for problems, such as extremely
erratic results or significant metallurgical difficulties.
If the company releases partial results, e.g., the first two
holes of a six hole program, it must ensure that the balance
of the results are disclosed in a timely manner whether
the results are positive or negative.
Where possible, the company should provide information
in table form for ease of understanding and publish maps,
plans or sections as appropriate to the information and
the stage of development of the property.