Answer to my question, re: measured ozs. Just wondering if some of you were able to take in the webinar earlier... extrememly positive and exciting to say the least.
I thought this might be of interest to fellow posters and shareholders... I submitted a question to MK on the webinar regarding 'inferred" and "indicated" resources vs. "measured" resources.
Q. The key highlights outlined a 71% increase in "indicated" resources and a 150% increase in "inferred" resources, but no mention of "measured" resources. Could you explain why you have not given a percentage of "measured" resources since that term would seem to present the highest level of confidence in terms of economic viability. Or is it because you use the term "indicated' synonymously with "measured".
A. We don't yet have any resources currently classified in the measured category.
Additional drilling will be required to convert resources from indicated to measured.
I highly suspect that when we receive the numbers in the "measured" classification, the VZLA share price will skyrocket... I see it is presently up ~4.6% in today's trading.
VIZSLA is a MONSTER in the making!