Proven and Probable Reserves definition

Proven and Probable Reserves means the aggregate of the Proven Mineral Reserves and Probable Mineral Reserves of Product for the Project, as such terms are defined in and measured in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Mineral Reserves Definition Guidelines for the grade and contained amount of Product scheduled for extraction, and demonstrated to be mineable at a profit at a stated metal price.
Proven and Probable Reserves means, at any date, reserves of Gold at the Mine as determined and calculated in accordance with standards established from time to time by the Joint Ore Reserve Committee of the Australasian Institute of Mining and Metallurgy, the Minerals Counsel of Australia and the Australian Institute of Geoscientists.
Proven and Probable Reserves means, at any time, “Proven Mineral Reserves” and “Probable Mineral Reserves” of gold at the Marigold Project, as determined and calculated in accordance with the standards set forth in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) issued by the Canadian Securities Administrators (including its Companion Policy 43- 101 CP and Form 101F1Technical Report).

Examples of Proven and Probable Reserves in a sentence

  • Journal of Marketing Theory and Practice 13 Journal of Business Ethics, 77(2), 159–172.

  • The estimation and classification of Proven and Probable Reserves have been prepared by Thomas L.

  • The register is to be available for public inspection, without charge and during ordinary business hours, at the head office of the Department of Land and Water Conservation and at the relevant regional office of that Department.

  • Measured and Indicated Mineral Resources are inclusive of Proven and Probable Reserves.

  • Future recoverable mine production is determined from Proven and Probable Reserves and Measured, Indicated and Inferred Mineral Resources, net of losses during ore processing and treatment.


More Definitions of Proven and Probable Reserves

Proven and Probable Reserves means, at any date, "proven reserves" and "probable reserves" (as such terms are defined in the JORC Code in effect on such date);
Proven and Probable Reserves means the aggregate of the Proven Mineral Reserve and Probable Mineral Reserve for silver, lead and zinc for the Project, as such terms are defined in and measured in accordance with U.S. Securities and Exchange Commission Guide 7.
Proven and Probable Reserves means, at any date, reserves of Gold at ---------------------------- each Principal Mine (limited, in the case of the Xxxxxxx Mine, to the Borrower's pro rata interest therein based on its direct or indirect percentage ownership interest of the Xxxxxxx Mine) as determined and calculated in accordance with standards established from time to time by the SEC and as set forth in the most recent annual report on Form 10-K or quarterly report on Form 10-Q filed by the Borrower with the SEC.
Proven and Probable Reserves means the aggregate of the Proven Mineral Reserves and Probable Mineral Reserves of Product for the Project, as such terms are defined in and measured in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Mineral Reserves Definition Guidelines for the grade and contained amount of Product scheduled for extraction, and demonstrated to be mineable at a profit at a stated metal price. "PTE" means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.
Proven and Probable Reserves means deposit reserves, as determined on an annual basis by the Manager, which are classified as proven reserves or probable reserves according to the Australasian Code for Reporting of Mineral Resources and Ore Reserves prepared by the Australasian IMM Joint Ore Reserves Committee.
Proven and Probable Reserves means reserves of ore that have been determined in accordance with the standards for determining such reserves found in Canadian Securities AdministratorsNational Instrument 43-101. O. Reg. 240/00, s. 15 (1); O. Reg. 194/06, s. 4 (1).
Proven and Probable Reserves means, at any date, "Proven Mineral Reserves" and "Probable Mineral Reserves" of Gold and Silver at the Kupol Project, as determined and calculated in accordance with the standards set forth in National Instrument 43-101 (NI 43-101) (Standards of Disclosure for Mineral Projects) issued by the Canadian Securities Administrators (including its Companion Policy 43-101 CP and Form 43-101F1 Technical Report; and the terms "Proven Mineral Reserves" and "Probable Mineral Reserves" as used in this definition shall have the meanings provided in such Companion Policy).