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Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Comment by AU_NBon Jun 16, 2009 7:34pm
199 Views
Post# 16075877

RE: RE: Area of Inferred Resource

RE: RE: Area of Inferred Resource

A lot of exploration work has to go on before one can make any such calculation for the entire property.  As DLKM's press release stated:

"

It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. Investors are cautioned not to assume that all or any part of inferred mineral resources will ever be converted into mineral reserves. Investors are also cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. "


But it's a start. 

jmho

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