grammes per tonne
an "Indicated Mineral Resource" is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow your appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed
an "Inferred Mineral Resource" is that the part of a mineral resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence and assumed but not verified geological or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes which may be of limited or uncertain quality and reliability.
the Australasian Joint Ore Reserves Committee Code
thousands of tonnes
the calculated amount of material in a mineral deposit, based on limited drill information.
Lionsgold is an AIM-quoted India-focused gold exploration company, with complementary gold assets in Finland and an interest in an online exchange targeting the India market for retail users to directly own and trade physical gold.
Lionsgold"s three core focuses are:
· Strategic partnership with leading India gold exploration and mine development company, Geomysore, in which Lionsgold owns 20.5%;
· Physical gold holding and trading fintech platform for the Indian market; and
· Gold exploration and production in Finland.