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Category On the wire

Gold Road Resources 2016 Annual Financial Statements

Gold Road Resources 2016 Annual Financial Statements. Tim Netscher, the Non-executive Chairman said in his Chairman's Report, "There is no doubt in my mind that in Gruyere, Gold Road has discovered a world-class gold project that bears all the hallmarks of success." The Gruyere and Attila Trend; regular external peer reviews were conducted by Optiro consultants, who also performed an independent database audit and provided an endorsement letter outlining their confidence in the mineral resource estimates. The Central Bore: reviews and independent estimation of the Mineral Resource were done by external consultants Optiro.

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Turning the tables – article by Richard Roberts about JORC reporting

Excerpt from the Mining Journal article about JORC reporting: In an eye-opening review of the way fellow industry professionals were conducting competent-person reporting via the all-important JORC Table 1 disclosure guidelines, Sterk said even 18 reports “pulled out of a few hours of sifting through our database during a random week in the life of JORC reports” mostly showed disturbing abnormalities. (Or maybe they are in fact the norm). There were “some interesting Table 1s for one reason or another”.

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