Definitions
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Examples
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This press release uses the term "Inferred Resources".
unknown title 2011
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This press release uses the term "Inferred Resources".
unknown title 2011
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The Company is in-fill drilling higher grade material currently classified as Inferred
Exeter Reports on Development Studies at the Caspiche Gold-Copper Project, Chile - Yahoo! Finance 2010
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Resources classified as Inferred are not economic as defined by NI 43-101 standards, and there is no guarantee that an economic deposit underlies the Company's property.
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Pinzon and Cano but are currently classified as Inferred Resources due to the wider-spaced drilling density.
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The current resource estimate is therefore intentionally based on the small number of historical drill holes and as a result, the current Mineral Resource Estimate can only be classified as Inferred Resources.
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An additional 39.6 million tonnes with average, undiluted grades of 0. 48% Cu (416.51 million lbs Cu) and 0.41 g/t Au (520,000 oz Au), at a grade cut-off of 0. 25% Cu, have been classified as Inferred Mineral Resources.
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Cr (2) O (3) and 1.95 Cr: Fe are classified as Inferred resources.
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Of particular significance to investors are, firstly, the dramatic increase in grade, especially so when applying a 1.5 g/t cut-off (see Table 2 below) and, secondly, the elevation of most of the resource from the 'Inferred' into the 'Indicated' resource classification.
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"Inferred" in the Advanced Search facility of WITS as shown below.
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