Mineral Resources and Mineral Reserves Clause Samples
The 'Mineral Resources and Mineral Reserves' clause defines how mineral deposits and reserves are identified, classified, and reported within the context of an agreement. It typically outlines the standards or codes to be used for classification, such as JORC or NI 43-101, and may specify the requirements for independent verification or regular updates of resource estimates. This clause ensures that all parties have a clear, consistent understanding of the quantity and quality of minerals available, reducing the risk of disputes and supporting informed decision-making regarding project development or investment.
Mineral Resources and Mineral Reserves. The information relating to estimates by the Company of the proven and probable mineral reserves and the measured, indicated and inferred mineral resources associated with its mineral property projects contained in the Registration Statement, the Prospectuses and the Disclosure Package has been prepared in all material respects in accordance with National Instrument 43-101- Standards of Disclosure for Mineral Projects (“NI 43-101”); the Company believes that all of the assumptions underlying such reserve and resource estimates are reasonable and appropriate, and, subject to those assumptions being true and correct, that the projected production and operating results relating to its projects and summarized in the Registration Statement, the Prospectuses and the Disclosure Package are achievable by the Company; the Company has filed with the Canadian Qualifying Authorities all technical reports required to be filed by it pursuant to NI 43-101.
Mineral Resources and Mineral Reserves. Any information relating to estimates by the Company of the proven and probable mineral reserves and the measured, indicated and inferred mineral resources associated with its mineral property projects contained in the Registration Statement and the Prospectuses has been prepared in all material respects in accordance with National Instrument 43-101- Standards of Disclosure for Mineral Projects (“NI 43-101”); the Company believes that all of the assumptions underlying such reserve and resource estimates are reasonable and appropriate.
Mineral Resources and Mineral Reserves. The information relating to estimates by the Company of the proven and probable mineral reserves and the measured, indicated and inferred mineral resources associated with its mineral property projects contained in the Offering Documents has been prepared in all material respects in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”); the Company believes that all of the assumptions underlying such reserve and resource estimates are reasonable and appropriate, and, subject to those assumptions being true and correct, that the projected production and operating results relating to its projects and summarized in the Offering Documents are achievable by the Company; the Company has filed with the Canadian Qualifying Authorities all technical reports required to be filed by it pursuant to NI 43-101.
Mineral Resources and Mineral Reserves. The most recent estimated measured, indicated and inferred mineral resources and proven and probable mineral reserves disclosed in the Company Public Documents have been prepared and disclosed in accordance with accepted engineering practices and applicable Law, including, without limitation, NI 43-101. There has been no reduction in the aggregate amount of estimated mineral resources, mineral reserves or mineralized material of the Company or the Company Subsidiary, taken as a whole, from the amounts disclosed in the Company Public Documents.
Mineral Resources and Mineral Reserves. To the extent applicable, with respect to the information set forth or incorporated in the Disclosure Package, information relating to the Company’s estimates of mineral resources or mineral reserves has been reviewed and verified by the Company or one or more consultants to the Company as being consistent with the Company’s mineral reserve and mineral resource estimates and as true, complete and accurate as of the date such estimates were prepared, and, to the best of the Company’s knowledge, remain true, complete and accurate in all material respects as of the date hereof. To the extent applicable, the Company believes that all of the assumptions underlying such mineral reserve and mineral resource estimates are reasonable and appropriate, and, subject to those assumptions being true and correct, that the projected production and operating results relating to its projects and summarized in the Disclosure Package are achievable by the Company.
Mineral Resources and Mineral Reserves. With respect to the information set forth or incorporated in in the Prospectuses, (i) information relating to the Corporation’s estimates of mineral resources or mineral reserves has been reviewed and verified by the Corporation or one or more consultants to the Corporation as being consistent with the Corporation’s mineral reserve and mineral resource estimates and as true, complete and accurate as of the date such estimates were prepared, and, to the best of the Corporation’s knowledge, remain true, complete and accurate in all material respects as of the date hereof, (ii) the mineral reserve and mineral resource estimates have been prepared in accordance with Canadian industry standards contemplated in NI 43-101) by or under the supervision of a “qualified person” as defined therein, (iii) the Corporation has filed with the Canadian Securities Commissions all technical reports required by NI 43-101 to be filed and all such reports comply in all material respects with the requirements thereof and are current in all material respects as of the date hereof. The Corporation believes that all of the assumptions underlying such mineral reserve and mineral resource estimates are reasonable and appropriate, and, subject to those assumptions being true and correct, that the projected production and operating results relating to its projects and summarized in the Prospectuses and the Offering Documents are achievable by the Corporation.
Mineral Resources and Mineral Reserves. In this Agreement, the terms “Mineral Resource”, “Inferred Mineral Resource”, “Indicated Mineral Resource”, “
Mineral Resources and Mineral Reserves. The estimated measured, indicated and inferred mineral resources and proven and probable mineral reserves and other technical information contained in the technical reports filed on SEDAR by ▇▇▇▇▇▇ Mining (collectively, excluding technical reports superseded by more recent technical reports, the "▇▇▇▇▇▇ Mining Technical Reports") have been prepared and disclosed in all material respects in accordance with the requirements set forth in National Instrument 43‐101 – Standards of Disclosure for Mineral Projects and all Applicable Securities Laws. To the knowledge of ▇▇▇▇▇▇ Mining, the contents of the ▇▇▇▇▇▇ Mining Technical Reports are not inaccurate in any material respect. There has been no material reduction in the aggregate amount of estimated mineral resources or mineralized material of ▇▇▇▇▇▇ Mining, taken as a whole, from the amounts disclosed in the ▇▇▇▇▇▇ Mining Technical Reports.
Mineral Resources and Mineral Reserves. This section shall include: the quantity and average composition and content of the Minerals and the estimated amounts of recoverable Minerals which comprise the Mineral Resource, as well as other resources and Mineral Reserves in the Production Lease Area or the proposed Production Lease Area, together with the data, analyses, models, metallurgical tests and assumptions regarding dilution, losses and rates of recovery upon which such estimates are based; the resource estimation methodology including assumptions and parameters used for the calculation; and, a valuation of Precious Stones and Semi-precious Stones if these are present. To the extent it is not inconsistent with this Agreement, National Instrument 43-101 shall act as a guide to reporting all Mineral Resources and Mineral Reserves.
Mineral Resources and Mineral Reserves. In this Agreement, the terms “mineral resource”, “inferred mineral resource”, “indicated mineral resource”, “measured mineral resource” and “mineral reserve” have the meanings ascribed to those terms by the Canadian Institute of Mining, Metallurgy and Petroleum, as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Counsel on May 10, 2014, as amended.