Mineral Reserves definition

Mineral Reserves means proven and probable mineral reserves (or their equivalent) as defined under any Approved Standard;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Mineral Reserves means the economically mineable part of a Measured or Indicated Resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A Mineral Reserve includes diluting materials and allowances for losses that may occur when the material is mined.

Mineral Reserves. : means the economically mineable part of Mineral Resources;

Examples of Mineral Reserves in a sentence

Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
Note Mineral Reserves include both Measured and Indicated Resources.
For the purposes of this Option Agreement "Economic Feasibility Study" means a feasibility study (within the meaning ascribed to that term by the Canadian Institute of Mining, Metallurgy and petroleum, as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council, as amended) which demonstrates the economic viability of bringing the Property into commercial production.
Replacement Reserves Percentage is the Proven and Probable Mineral Reserves replaced (through revisions, additions, acquisitions or otherwise) during the calendar years _____ through _____, as reflected in the Company’s Annual Reports on Form 10-K for such calendar years (the “Forms 10-K”), divided by the Proven and Probable Mineral Reserves depleted during such period, as reflected in the Forms 10-K, times 100.
Mineral Reserve Statement, Agua Rica Project Proven Mineral Reserves Tonnes Grade Contained (000's) (g/t) oz.

More Definitions of Mineral Reserves

Mineral Reserves means the mineral reserves that have been estimated for the Project in accordance with the Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) Standards on Mineral Resource and Mineral Reserves, adopted by the CIM Council on November 14, 2004 and November 27, 2010;

Mineral Reserves. Mineral Reserves" shall mean all mineral reserves and deposits to which Buyer is entitled as owner of the Real Property and the Mining Claims.

Mineral Reserves means only the volume of gold, silver and their byproducts contained in the ore existing in the soil and subsoil of the areas covered by the extraction rights held by the Company, characterized as “measured and indicated gold reserves”, as informed in the final mineral prospection report to be presented to the DNPM – Brazilian National Mineral Production Department, prepared for purposes of obtaining the Mining Concession, as established by the Brazilian Law. Definition of these reserves shall also observe the equivalence between the concepts of measured and indicated reserves as established in the Brazilian Law and the concepts of “measured resources” and “indicated resources”, respectively, as defined in accordance with the National Instrument 43-101, issued by the CSA – Canadian Securities Administration, which is internationally acknowledged and broadly used for purposes of defining mineral resources and reserves, which concepts may not be mistaken for the concepts of “proven reserves” and "probable reserves” defined in the same rule, which do not apply to the scope of the investment program defined in Section V below.

Mineral Reserves means all of the Company's and its subsidiaries' interests in mineral reserves and resources.

Mineral Reserves means the economically mineable material derived from a Measured

Mineral Reserves has the meaning given in SAMREC “Mineral Resources” has the meaning given in SAMREC.

Mineral Reserves shall have the meaning set out by the Securities Exchange Commission of the United States in Subpart 1300 (Disclosure by Registrants Engaged in Mining Operations) of ▇▇▇▇▇▇▇▇▇▇ ▇-▇, ▇▇ C.F.R. § 1300.