How urgently does the competent person need

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Reference no: EM133617602

Question: Ensure you have watched the video of Rene Sterk's interviews with Ivy Chen and Jacqui Coombes. Pay attention to the discussion about "immediate". A Competent Person working for (or consulting with) a company listed on the ASX has just received some outstanding assay results from several drill holes midway through a resource extension programme. The results are significantly higher than the Competent Person was expecting and could possibly herald a new lode and not just an extension. This is material to the single project company and will trigger an obligation to disclose. How urgently does the Competent Person need to disclose the results? What does the Competent Person need to do before releasing the results in terms of the JORC Code?

Reference no: EM133617602

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