Post by
Cobalt on Oct 30, 2024 2:49pm
Got to love AI
"In mining they say you have to release drill results if showing a material difference can you put a % to that?"
"In mining, the term "material difference" is somewhat subjective and can vary depending on the commodity, project, and market conditions. However, a common rule of thumb is that a 5% change in resource estimates is often considered material This means if a new drill result changes the estimated resource by 5% or more, it typically needs to be reported to investors and stakeholders."