RESOURCES AND RESERVES Sample Clauses

RESOURCES AND RESERVES. M-MC has reviewed and validated the 2005 Datamine resource model compiled by the China Central Engineering Institute for Non-ferrous Metallurgical Industries (ENFI). The methodology applied to the resource estimates by ENFI in their 2005 model is appropriate and correct for this style of mineralisation. The resource classification applied has been reviewed against the recommendations of the JORC code and appears reasonable. M-MC was unable to carry out a site visit due to perceived political instability and therefore has not validated the underlying data or its quality. A total of 119 holes have been completed in three exploration programs totaling 46,426m. Some of the holes were angled holes. Most of the drilling was carried out at less than 100m spacing. The location of drill-holes is shown in Figure 5.2. Exploration methods are summarised in Table 5.3. Table 5.3 — Duddar Lead Zinc — Exploration Methods — Summary Exploration Methods Purpose Comments Aerial Photography Structural mapping 1:44,000 scale was later enlarged to 1:10,000 scale Geological Mapping Geology Geophysical mapping Physical properties of the mineralisation quantified Soil Sampling Mobile Metal Ion (MMI) To test possible MMI response Loop E.M, gradient array IP, 62 MMI samples, No obvious anomaly in the prospect, but comparatively higher MMI response for multiple metals indicating faults controlling mineralisation Elemental concentration Zn, Pb and Cu analyzed 62 samples analyzed; strong correlation with MMI data Diamond Drilling Resource definition 46,426m drilling, poorly designed grids Sampling Geological logging and assaying Geochemical analysis Cu, Pb, Zn, Xx, Ba and Fe analyzed Good core recovery H98%, poor spatial mapping of some drill holes Down-hole surveys carried out at 50m Increments Database in good order, some issues with un- sampled intervals.
Sample 1
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RESOURCES AND RESERVES. M-MC has reviewed and validated the 2004 Datamine resource model compiled by XXXX. The methodology applied to the resource estimates by ENFI in their 1991 Basic Design Report and 2004 update model is appropriate and correct for this style of mineralisation. The resource classification applied has been reviewed against the recommendations of the JORC code and appears reasonable. M-MC was unable to carry out a site visit due to perceived political instability and therefore has not validated the underlying data or its quality. A diamond drilling program based on the geochemical and geophysics surveys was prepared to define the extensions of mineralisation of the South Orebody. The GSP started the diamond-drilling program with two holes drilled (inclined at 43o) in the South Orebody. Between 1974 and 1976, Pakistan Resource Development Company (RDC) drilled more diamond holes on a grid pattern of 200m × 120m (along E-W and N-S directions respectively). Detailed surveying of the drillhole collar locations and deviations along the drill holes was completed. A total of 74 resource drill holes (18,079m) were completed in two drilling programmes. The second drilling programme included samples for metallurgical testing. A third program of shallow angled holes was undertaken for metallurgical purposes targeting the shallower portions of the resource, this drilling was not used in the resource estimate. The drilling summary is shown in Table 6.6. Table 6.6 — Saindak Copper Gold — Drilling Summary Stage Holes Metres Spacing Stage #1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 10,993 200m × 120m Stage #2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 7,086 50m × 60m Stage #3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 1,150 Metallurgical
Sample 1
RESOURCES AND 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 Resources and Reserves, as well as other resources and reserves, in the Production Lease Area, together with the total number of drill holes, data, analyses, sampling methods, models, metallurgical tests and assumptions regarding dilution, grade cutting, losses and rates of recovery upon which such estimates are based; the resource estimation methodology including assumptions and parameters used for the estimation; and, a valuation of precious and semi-precious stones if these are present. The definitions adopted under NI 43-101 and the related Companion Policy shall apply to reporting all resources and reserves.
Sample 1

Related to RESOURCES AND RESERVES

  • Mineral Reserves and Resources The estimated proven and probable mineral reserves disclosed in the Company SEC Documents as of December 31, 2015 have been prepared and disclosed in all material respects in accordance with all Applicable Laws. 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 and estimated mineral resources of the Company and its Subsidiaries, taken as a whole, from the amounts disclosed in such Company SEC Documents.

  • Administration and Reserves (a) Notwithstanding the provisions of Article III, but subject to any contrary provisions of any Related Agreement, from and after the Distribution Date:

  • Resources Contractor is responsible for providing any and all facilities, materials and resources (including personnel, equipment and software) necessary and appropriate for performance of the Services and to meet Contractor's obligations under this Agreement.

  • Financial Resources The Adviser has the financial resources available to it necessary for the performance of its services and obligations contemplated in the Pricing Disclosure Package, the Prospectus, and under this Agreement, the Investment Management Agreement and the Administration Agreement.

  • Role and Responsibilities During the Employment Period, the Executive shall serve as Chief Financial Officer of the Company, and shall perform such employment duties as are usual and customary for such position. The Executive shall report directly to the Chief Executive Officer of the Company (the “CEO”). At the Company’s request, the Executive shall serve the Company and/or its subsidiaries and affiliates in other capacities in addition to the foregoing, consistent with the Executive’s position hereunder. In the event that the Executive, during the Employment Period, serves in any one or more of such additional capacities, the Executive’s compensation shall not be increased beyond that specified in Section 2(b) hereof. In addition, in the event the Executive’s service in one or more of such additional capacities is terminated, the Executive’s compensation, as specified in Section 2(b) hereof, shall not be diminished or reduced in any manner as a result of such termination provided that the Executive otherwise remains employed under the terms of this Agreement.

  • Fund Responsibilities 3.1. The management and control of the Fund are vested exclusively in the Fund’s governing body (e.g., the board of directors or trustees for a Fund that is a mutual fund or the Trustee for a Fund that is a collective trust, as applicable) and such officers and agents as may be appointed by the board from time to time, subject to the terms and provisions of the Fund’s Governing Documents. The Fund’s governing body and the duly appointed officers and agents appointed by the governing body on behalf of the Fund will make all decisions, perform all management functions relating to the operation of the Fund and shall authorize all Transactions. Without limiting the foregoing, the Fund shall:

  • Title and Responsibilities Executive shall serve as Chief Medical Officer of the Company, which title may be changed at any time in the sole discretion of the Company. Executive’s responsibilities and duties shall include those inherent in Executive’s position with the Company and shall further include such other managerial responsibilities and executive duties consistent with such position as may be assigned to Executive from time to time by the Chief Executive Officer of the Company, and as applicable, the executive officer to whom Executive reports. Executive shall devote Executive’s best efforts and full business time to the business and interests of the Company. During the term of Executive’s employment with the Company, Executive may serve on the board of directors of other companies, manage personal investments, and engage in civic and charitable activities, provided that such activities shall not represent a conflict of interest with the Company and do not materially detract from fulfilling Executive’s responsibilities and duties to the Company.

  • Position and Responsibilities During the term of Executive’s employment hereunder, Executive agrees to serve as an Executive Vice President of the Bank. Executive shall perform administrative and management services for the Bank which are customarily performed by persons in a similar executive officer capacity. During said period, Executive also agrees to serve as an officer and director of any subsidiary of the Bank or the Company, if elected.

  • Oil and Gas Operations (a) All wxxxx included in the Oil and Gas Interests of the Company have been drilled and (if completed) completed, operated and produced in accordance with generally accepted oil and gas field practices and in compliance in all respects with applicable oil and gas leases and applicable laws, rules and regulations, except where any failure or violation could not reasonably be expected to have a Material Adverse Effect on the Company; and

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