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Welcome to the world of resource and reserve calculations, where the numbers are made up and the points don't matter. It's very easy to come up with a back of
by tommykins 3y ago
Welcome to the world of resource and reserve calculations, where the numbers are made up and the points don't matter.
It's very easy to come up with a back of the envelope calculation to say we have this much Lithium, or this much Copper and come up with an absolute whopper of a number, the question is how much of it is recoverable and can it form part of a resource. There's a reason we (mining industry) don't let people produce these kind of numbers offhand, it's wildly speculatory and holds no basis in mining reality (yet!) - however very cool stuff and might provide a new exploration target in the future.