RE:Resource Estimate Report Where appropriate, in terms of NI 43-101, an issuer may disclose in writing the potential quantity and grade, expressed as ranges, of a target for further exploration if the disclosure:
- (a) states with equal prominence that the potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource; and
- (b) states the basis on which the disclosed potential quantity and grade has been determined.