Common use of Mineral Reserves and Resources Clause in Contracts

Mineral Reserves and Resources. The estimated proven and probable mineral reserves and estimated, measured, indicated and inferred mineral resources disclosed in Purchaser’s Public Disclosure Record have been prepared and disclosed in all material respects in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. There has been no material reduction (other than as a result of operations in the ordinary course of business) in the aggregate amount of estimated mineral reserves, estimated mineral resources or mineralized material of Purchaser and its subsidiaries and Purchaser’s material joint ventures , taken as a whole, from the amounts disclosed in the Purchaser’s Public Disclosure Record.

Mineral Reserves and Resources. The estimated proven and probable mineral reserves and estimated, measured, indicated and inferred mineral resources disclosed in Purchaser’s 's Public Disclosure Record have been prepared and disclosed in all material respects in accordance with National Instrument 43-101 - — Standards of Disclosure for Mineral Projects. There has been no material reduction (other than as a result of operations in the ordinary course of business) in the aggregate amount of estimated mineral reserves, estimated mineral resources or mineralized material of Purchaser and its subsidiaries and Purchaser’s 's material joint ventures ventures, taken as a whole, from the amounts disclosed in the Purchaser’s 's Public Disclosure Record.