NORTHERN SUN MINING CORP LBEFF

Indicated Mineral Resource

[drillbit2008]

There has been a lot of BS flying around about Indicated Resources calculations. Below is a deffinition of the term for your information. Anything else and Victors nose starts to grow.

Indicated Mineral Resource

An ‘Indicated Mineral Resource’ is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.

Driller