Fuzzy Interview
GF: No, because they planned for 16 million tonnes, which is a lot of tonnes at that very high grade of 16 grams per tonne in the indicated category in the resource model. The drilling and the mapping and the bulk sample and so on did not find that."
A key point isn't mentioned. The bulk sample drill program was located in just 2 percent of the deposit. It seems like in this 2 percent of the area they have already found much more than 2 percent of the resource ? This is from an area decided by all as representative !!!
Bulk sample drilling represents 10% of total drilling in only 2% of the total resource volume : From page 11 of Pretiums Bulk Sample Questions and Answers presentation.