CTLA-I have zero proven reserves of platinum in my back yard. That does not imply that there are as yet unproven reserves.
Both properties have been preliminarily explored. The geologist report for both states zero proven reserves, zero possible reserves, and zero implied reserves. They are worthless dirt piles being used as sucker bait to sell stock.
The claimed values of hundreds of millions of dollars should be sufficient to fetch a ten day suspension.