Audits or reviews. In addition to the independent audit contemplated by Section 4(i), below, upon not less than 10 days’ notice from the AF-CH-HH Group to the Management Company, and at the sole cost and expense of the AF-CH-HH Group, the Management Company shall cooperate and furnish the AF-CH-HH Group or its designees with any and all information necessary to perform and complete any and all audits or review procedures deemed necessary by the AF-CH-HH Group, in the AF-CH-HH Group’s reasonable discretion, to determine the accuracy and correctness of the accounting and internal controls performed and maintained by the Management Company; provided, however that any such designee of the AF-CH-HH Group shall not be a direct or substantial competitor of the Management Company or any member of the AF-CH-HH Group. Any such audit or review shall be conducted at such time and in such manner so as to avoid undue disruption of the Management Company’s business operations.
Audits or reviews. Review work undertaken in relation to the mineral resource estimate has included visual review of cross-sections comparing blocks to down hole grades. Populations of grades, composites and blocks and their general distribution have been reviewed to ensure no bias in estimation. In addition, confirmatory drilling has been conducted which reasonably supports the predictions made by the block model. Third party auditors have also inspected the cross-sections and mineral resource findings without issue. Discussion of relative • Accuracy and variability have been assessed through visual review of cross-sections, accuracy/confidence comparing blocks to drill hole grades. • This mineral resource estimation has reasonable global reliability but local variability is subject to the nugget effect observed in variography. It is the Competent Person’s opinion that indicated and inferred mineral resources are of sufficient reliability to support scoping level economic analysis and make preliminary mining plans. • No production data are available. In Solid Kriging Error Search Radius Min Points Anisotropy Primary: Tertiary Measured Yes <1.3 160 4 3:1 Indicated Yes <1.3 320 8 3:1 Inferred A Yes >1.3 500 8 3:1 Xxxxxx and Picnic Tree Deposit Indicated Yes <2.1 300 4 16:1 Inferred A Yes >2.1 500 4 16:1 Xxxxxx Ranch and Xxxxx Deposit Indicated Yes <1.3 320 8 3:1 Inferred A Yes >1.3 500 8 3:1
Audits or reviews. The results of any audits or reviews of Ore Reserve estimates. • No estimation or reporting of ore reserves has been undertaken on the Project. Discussion of relative accuracy/ confidence • Where appropriate, a statement of the relative accuracy and confidence level in the Ore Reserve estimate should be made using an approach or procedure deemed appropriate by the Competent Person. For example, the application of statistical or geostatistical procedures to quantify the relative accuracy of the reserve within stated confidence limits, or, if such an approach is not deemed appropriate, a qualitative discussion of the factors which could affect the relative accuracy and confidence of the estimate. • The statement should specify whether it relates to global or local estimates and, if local, state the relevant tonnages, which should be relevant to technical and economic evaluation. Documentation should include assumptions made and the procedures used. • Accuracy and confidence discussions should extend to specific discussions of any applied Modifying Factors that may have a material impact on Ore Reserve viability or for which there are remaining areas of uncertainty at the current study stage. • It is recognised that this may not be possible or appropriate in all circumstances. These relative accuracy and confidence statements of the estimate should be compared with available production data. • No estimation or reporting of ore reserves has been undertaken on the Project.
Audits or reviews. The results of any audits or reviews of sampling techniques and data. No independent audit or review has been undertaken.
Audits or reviews. The results of any audits or reviews of sampling techniques and data. • Not Applicable
Audits or reviews. The results of any audits or reviews of sampling techniques and data. • The recent drilling has not been independently reviewed except by Mining One who are responsible for the resource estimation process.
Audits or reviews i. Contractor shall conduct internal reviews and evaluations at least once every fiscal year as it relates to these Program Requirements (Scope of Work). Results of the review and any plans for correction, program improvements and enhancements shall be available for review by DBH.
ii. Contractor shall give their full cooperation in any auditing or reviews conducted by State DHCS, or any applicable state agency(ies), and DBH Staff. DBH shall perform reviews at their discretion which may include but not be limited to: • Formal Annual Reviews • Bi-Annual Formal Reviews • Quality Assurance Reviews • Site Reviews • Direct Service Observation • Quarterly Follow-Up Reviews • Technical Assistance
iii. Contractor shall not exceed the funding level within the funding stream. The level of funding is based on estimates of client populations to be served.
iv. If Contractor collects fees, written procedures shall be established for fee collection and fees collected shall be clearly documented for audit purposes. Contractor shall include as part of their written policies and procedures a description of the internal audit procedures and documentation of any fees collected.
Audits or reviews. The results of any audits or reviews of Ore Reserve estimates. No audits carried out.
Audits or reviews. The results of any audits or reviews of sampling techniques and data. None completed.
Audits or reviews. The results of any audits or reviews of sampling techniques and data. None completed. Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. Private surface and mineral ownership exist at Xxxxxx Ridge. Metals of Americas, LLC has entered into mineral leases over the surface and mineral rights to the Xxxxxx Ridge Zinc Project. The Company has entered into a Binding Exclusivity Agreement to potentially to acquire 100% of issued capital in Metals of Americas, LLC. There are no known material issues affecting the mineral leases. All tenements have been legally validated by a land manager to confirm title to the relevant surface and mineral rights. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. Cominco American Resources Incorporated initially conducted exploration at Xxxxxx Ridge. Cominco discovered the prospect in 1983 during a grass-roots exploration program. They drilled 8 holes on the property, but terminated their lease agreements by the end of 1986. 6 of those drill holes were collared within 250m of the summit of Xxxxxx Xxxx, on the downdip extent of the gossan. Between 1994-1996, Xxxxxx Dodge drilled an additional 13 holes in the Xxxxxx Ridge vicinity. This work was followed by exploration and minimal drilling conducted by Xxxxxx Ridge, LLC (2 holes) and MMG (2 holes) between 2013-2016. While only limited exploration has been conducted at Xxxxxx Ridge, significant Pb, Zn, and Ag intercepts have resulted. Furthermore, significant mineralized drill intercepts confirm the sedex model at Xxxxxx Ridge. Geology • Deposit type, geological setting and style of mineralisation. The Xxxxxx Ridge prospect shows similarities to the Xxxxxxxx Deposit (> 160 Mt of ore grading 12% combined Pb and Zn, and +2 ounce Ag), in its tectonic and time- stratigraphic settings. The Xxxxxxxx deposit in British Columbia is hosted by Proterozoic clastic sediments of the Xxxxxxxx/Xxxxxxxx Formation, the basal portion of the Belt/Xxxxxxx Supergroup. The gossans and stratabound Pb-Zn-Ag mineralization that characterizes the Xxxxxx Ridge prospect is...
