Mineralization for which tonnage and grades of elements of interest are known by drilling and sampling without the economic and engineering knowledge necessary to demonstrate economic viability.
A mineral resource is a concentration or occurrence of material of economic interest in or on the earths crust in such from, quality and quantity that there are reasonable and realistic prospects for eventual economic extraction. The location, quantity, grade, continuity and other geological characteristics of a mineral resource are known, estimated from specific geological evidence and knowledge, or interpreted from a well-constrained and portrayed geological model. Mineral resources are subdivided, in order of increasing geological confidence, into inferred, indicated and measured categories. The mineral resources are inclusive of those resources which have been modified to produce ore reserves.
an inventory of mineralization that under realistically assumed and justifiable technical and economic conditions, might become economically extractable
An in-situ mineral occurrence quantified on the basis of geological data and an assumed cut-off grade only. More correctly referred to as an Identified Mineral Resource. Strict professional and technical criteria exist for the determination of mineral resources.
in-situ mineral occurrence from which valuable or useful minerals may be recovered.
A concentration of naturally occurring solid, liquid, or gaseous material in or on the earth's crust in such form and amount that economic extraction of a commodity from the concentration is currently or potentially feasible.
is a concentration or occurrence of natural, solid, inorganic or fossilized organic material in or on the earth's crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource (deposit) are known, estimated or interpreted from specific geological evidence and knowledge
a Mineral Resource is a concentration or occurrence of material of intrinsic economic interest in or on the Earth's crust in such form, quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade, geological characteristcs and continuity of a Mineral Resource are known, estimated or interpreted from specific geological evidence and knowledge. Mineral Resources are subdivided, in order of increasing geological confidence, into Inferred, Indicated and Measured categories.
A deposit or concentration of natural, solid, inorganic or fossilized organic substance in such quantity and at such grade or quality that extraction of the material at a profit is currently or potentially possible.
Concentration of naturally occurring solid, liquid, or gaseous material in or on the earth's crust in a form and amount such that extracting and converting it into useful materials or items is currently or potentially profitable. Mineral resources are classified as metallic (such as iron and tin ores) or nonmetallic (such as fossil fuels, sand, and salt).
