Re: Resource Estimate
in response to
by
posted on
Dec 21, 2014 12:50PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
From your last post GH:
- The resource estimates were approximately 1M tonnes indicated and 0.4M inferred for a total of 1.4 M tonnes total as you have indicated. But the inferred amount is not allowed to be used in a PEA, so it would be conservative to use 1M tonnes in the valuation of the deposit.
Inferred resources are included at the PEA stage as per the following document from RPA page 33
http://www.rpacan.com/site_Files/Content/Downloads/NI_43101_In_Perspective_for_Investors.pdf
Glorieux