inferred resource definition
inferred resource means that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.
inferred resource means that part of a mineral resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence and assumed but not verified geological and/or grade continuity. It is based on information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that may be of limited or of uncertain quality and reliability.
inferred resource means that part of a mineral Resource for which tonnage, grade and mineral content can be estimated with a low level of confidence. It is inferred from geological evidence, sampling and assumed but not verified geological and/or grade continuity.
More Definitions of inferred resource
inferred resource means that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified,
inferred resource broadly means that the quantity of a min- eral can be estimated on the basis of geological evidence, but it remains to be verified. In other words, the estimates for Sa- lal-Haimana are of estimates “of quantities that are inferred, based on interpretation of geological, geophysical, geochem- ical and geotechnical investigation results”.
inferred resource means that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. As an Inferred Resource is not a Mineral Reserve, it does not, as such, demonstrate economic viability;
inferred resource means an accumulation of mineral(s), inferred from geoscientific evidence, drill holes, underground openings or other sampling procedures, and before