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Using two different cut-off grades and the Kriging technique, CSA, the international mining consultants, calculated a series of inferred and indicated resource scenarios for one closely-drilled area covering less than 20p.
International mining consultants Snowden Group, technical advisers to SAR, has confirmed that predicated on the initial scoping study based on Rand Mines' Leeuwkop drill data and updated information from recent SAR drilling data, the Company could in aggregate anticipate an inferred resource base of up to 125 million ounces 3 Platinum Group Elements + Gold ('3PGE + Au'), when adding the newly acquired permits to Leeuwkop 402JQ, Wolwekraal 407JQ and Kareepoort 407JQ.
Over the past couple of months an independent team of experts, Nottinghamshire-based International Mining Consultants Ltd, has been running the rule over the bids.
In an underground sampling program, reviewed and approved by international mining consultants, Behre Dolbear & Company, Inc.
International Mining Consultants Pty Ltd (IMC) has comprehensively reviewed the Santa Monica data compiled by the Company over the past three years and constructed a computer based block model of the resource.
This follows completion of a due diligence study of 11 copper-zinc-gold deposits by international mining consultants Watts, Griffis & McOuat.
In this regard, the independent Australian consultants, International Mining Consultants ("IMC"), have recently verified the company's previous resource calculations, and completed a positive audit of the company's geological data base and assay procedures.
The study will also comprise a further independent resource evaluation by International Mining Consultants and a full environmental impact assessment study and extensive public consultation program.