RESERVOIR MINERALS INC V.RMC

RE:Everything you need to know about RMC

[rob926]

I found the below info in the report. Was this reported elsewhere. 

•  In conjunction with the PEA, SRK has prepared an updated National Instrument 43-101 compliant resource estimate for the Cukaru Peki epithermal deposit (Upper Zone), which includes a 1.7 Mt indicated resource grading 13.5% copper, 10.4 g/t gold, and 0.23% arsenic, and an additional 35.0 Mt inferred resource grading of 2.9% copper, 1.7 g/t gold, and 0.17% arsenic (at a 0.75% copper cutoff grade). This total resource tonnage is notably lower than the figure underpinning Cukaru Peki’s previous estimate (January 2014; 65.3 Mt—all in the inferred category; see below), as the current resource model is geologically better constrained following additional drilling. Nevertheless, our previously modelled conceptual operation is underpinned by a 20.8 Mt subset of the previous 65.3 Mt total resource estimate (see below), which remains a notably smaller inventory than Cukaru Peki’s updated resource (46.7 Mt in all categories combined).