Inferred definition

Inferred or “Inferred Mineral Resource”) (“Probable” or “Probable Mineral Reserve”) is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. The level of geological uncertainty associated with an inferred mineral resource is too high to apply relevant technical and economic factors likely to influence the prospects of economic extraction in a manner useful for evaluation of economic viability. Because an inferred mineral resource has the lowest level of geological confidence of all mineral resources, which prevents the application of the modifying factors in a manner useful for evaluation of economic viability, an inferred mineral resource may not be considered when assessing the economic viability of a mining project, and may not be converted to a mineral reserve. is the economically mineable part of an indicated and, in some cases, a measured mineral resource. (“Proven” or “Proven Mineral Reserve”) is the economically mineable part of a measured mineral resource and can only result from conversion of a measured mineral resource. The Company released an amended and restated technical report on Form 10-K/A with a revised report date of February 2, 2024, report date of May 11, 2023, and report effective date of April 1, 2023 (the “Amended Initial Assessment Report”). The purpose of the Amended Initial Assessment Report is to support the disclosure of mineral resource estimates for the Project. The Amended Initial Assessment Report was prepared in accordance with the SEC’s Mining Disclosure Rules and Regulation S-K Subpart 1300 and Item 601(b)(96) (technical report summary). The Amended Initial Assessment Report is discussed in Business and Properties and incorporated by reference as Exhibit 96.1 to this registration statement. UNLESS OTHERWISE EXPRESSLY STATED, NOTHING CONTAINED IN THIS PROSPECTUS IS, NOR DOES IT PURPORT TO BE, A TECHNICAL REPORT SUMMARY PREPARED BY A QUALIFIED PERSON PURSUANT TO AND IN ACCORDANCE WITH THE REQUIREMENTS OF SUBPART 1300 OF SECURITIES EXCHANGE COMMISSION REGULATION S-K. We are an exploration stage company and do not currently have any known mineral reserves and cannot expect to have known mineral reserves unless and until an appropriate technical and economic study is completed for Fort ▇▇▇▇ or any of our other properties that shows Proven or Probable Mineral Reserves as defined by Regulation S-K 1300. We currently do not have any Proven or Probab...
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Inferred means "assigned" (or "set")? Use same wording as the base standard and elsewhere in this amendment for consistency
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Inferred means "assigned" (or "set")? Use same wording as the base standard and
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Examples of Inferred in a sentence

  • The meter proving shall be an Inferred Mass Proving in accordance with API MPMS, Chapter 5, Section 6.9.1.7.2.

  • Agency must post an Inferred Consent Notice (Attachment E) at the service site which is clearly visible by client(s).

  • Inferred mass measurement shall be accomplished utilizing a flow-proportional composite sampler, turbine meter, densitometer and flow computer to convert gross volumetrically measured barrels using density in gm/cc at flowing conditions to total pounds mass according to the following formula: TotalPounds = GrossBBLS x MeterFactor x FlowingDensity(gm/cc) x 350.506987 350.506987 is a conversion factor to convert density in gm/cc to pounds /bbl.

  • The production targets in this and other reports are sourced from both Indicated and Inferred Mineral Resources and it should be noted that there is a low geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target will be realised.

  • The Contribution Agreement shall provide that, as soon as practicable after, but in any event no later than on the third Business Day after, the Effective Time, (i) the Contribution Agent shall execute a subscription certificate (Zeichnungsschein) with the contents and in the form stipulated by Section 185(1) AktG and the Contribution Agent Agreement and (ii) Parent and Contribution Agent shall execute the Contribution Agreement ((i) and (ii) collectively, the “Contribution”).

  • There is a lower level of geological confidence associated with Inferred Resources and there is no certainty that further exploration work will result in the determination of further Measured or Indicated Mineral Resources or that the Production Target or preliminary economic assessment will be realised.

  • Possible industrialised version solutions Inferred from (possible) yaw error motion measurements.

  • The initial work program will encompass: • RC and diamond drilling to improve the resource categorization from Inferred to Indicated • Update Mineral Resource Estimate • Initial test of cobalt targets to the north • Petrology and mineral liberation analysis • Scoping metallurgical studies and pit optimisations.

  • Inferred mineral resources have a high degree of uncertainty as to their existence and to whether they can be economically or legally commercialized.

  • Approximately 10% of the total Resources for the Tajiri Project and approximately 9% of the total ore scheduled for mining in the Scoping Study for the 23.4 years is underpinned by Inferred Resources in the remaining 2 years.


More Definitions of Inferred

Inferred and “Imposed”: Default Rules and Adhesion Contracts—The Need for Radical Surgery, 28 Pace L. Rev. 195, 208–17 (2008); see ▇▇▇▇ ▇▇▇▇▇▇▇▇, The Failed Promise of the UCITA Mass-Market Concept and Its Lessons for Policing Standard Form Contracts, 7 Small & Emerging Bus. L. 393, 416 & nn.127–31 (2003).
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Inferred means deducing, extrapolating a reasoning that is not explicitly stated. Option E is explicitly stated in the sentence “ Involuntary muscles such as the heart or smooth muscles in the gut and vascular system contract as a result of non-conscious brain activity or stimuli endogenous to the muscle itself”, therefore it is not an inferred information. A, B and C are wrong and refuted by the text itself; the only information we can deduce is D.
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Inferred means that you determined the materials’ creation date based on their content. For example, if you have an undated photograph showing an identified building under construction, you can infer the date of the photograph using the date of the building’s construction.
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Inferred means those resources for which tonnage is computed from widely spaced geological measurements, coal seam thickness is assumed and continuity and configuration are inferred from regional mapping. The confidence level for reported inferred tonnage is between 50% and 80%.
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Related to Inferred

  • Deviation is a departure from the requirements specified in the Tendering document;

  • Dedication means the deliberate appropriation of property by its owner for general public use.

  • Responsibilities means the responsibilities delegated to BNY under the Rule as a Foreign Custody Manager with respect to each Specified Country and each Eligible Foreign Custodian selected by BNY, as such responsibilities are more fully described in Article III of this Agreement.

  • Pupil Generated Content The term “pupil-generated content” means materials or content created by a pupil during and for the purpose of education including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of pupil content.

  • Degradation means a decrease in the useful life of the right-of-way caused by excavation in or disturbance of the right-of-way, resulting in the need to reconstruct such right-of-way earlier than would be required if the excavation or disturbance did not occur.