Zenyatta Ventures Ltd

There is no such rule. Inferred resources can be included in an PEA, so long as they are not combined with either indicated or measured resources.

The PEA can only have reassessed the resources at a different low cut-off grade, IMHO. That is the only variable that can account for the change in both ore tonnage and average grade.

Let's wait for the final report on SEDAR, okay?

Lar