RE:RE:Drill hole spacing of 25 m x 25 m or less.aett258 wrote: Does this qualify as INDICATED? I read that Indicated Resources are defined where drill spacing is 25m x 25m.
In NXE's case, yes. that is because of the uniformity and continuity of mineralization hs been established and confirmed by infill drilling. In comparison, FCU needs a tighter drilling pattern because mineralization at PLS is much more pod like, discontinuous and with little to no continuity between drill holes. Even at FCU's tight drill spacing, with the high percentage of vertical holes, I suspect the grade and resource is vastly overstated. Many more angle drill holes are required to better determine real grade.