definition |
A ‘Proved Ore Reserve’ is the economically mineable part of a Measured Mineral Resource.
It includes diluting materials and allowances for losses which may occur when the
material is mined. Appropriate assessments and studies have been carried out, and
include consideration of and modification by realistically assumed mining, metallurgical,
economic, marketing, legal, environmental, social and governmental factors. These
assessments demonstrate at the time of reporting that extraction could reasonably
be justified
|
|