Examples of JORC in a sentence
It is acknowledged that the currently available data is insufficient spatially in terms of the density of drill holes, and in quality, in terms of MBK’s final audit procedures for down hole data, data acquisition and processing, for the results of this analysis to be classified as Mineral Resources in accordance with the JORC Code.
The above table summarises the marble resource and reserve estimates prepared in accordance with JORC Code (2012 Edition) and are based on the CPR Report.
Geological mapping and interpretation by MBK indicates that this target continues south into the Wild Irishman EPM27693 granted in late 2021, providing potential to grow the existing JORC 2012-compliant Resource (Figure 10).MBK’s work programs for the Wild Irishman and Floris Find projects include a gridded soil geochemistry survey, to build on MBK’s work to the north.
Operational: 1,500,000 Performance Rights (which convert on a 1:1 basis into Shares in the Company) upon the Company announcing a JORC Resource (inferred or greater) of 20Mt with a minimum 1.0% Li2O on or before June 2024.
The grades for each domain were interpolated separately using Ordinary 8 Information prepared and first disclosed under the JORC Code 2004 Edition and not related to a material mining project and not materially changed since last reported has not been updated.Kriging.