Resources Boom Brings Out Promoters - Investors Should Proceed With Care

"AN INFERRED mineral reserve is that part of a mineral resource for which tonnage, grade and mineral content can be estimated with a low level of confidence . . . It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability."

Sifting Bulldust From The Copper

"An inferred mineral reserve is that part of a mineral resource for which tonnage, grade and mineral content can be estimated with a low level of confidence ... It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be limited or of uncertain quality and reliability."SO NOW we know. Wayne McCrae's great find, the one he said could become the world's biggest copper mine, has 25 million tonnes of ...