Mineralized Material definition

Mineralized Material means a mineralized ore that has been delineated by appropriately spaced drilling or underground sampling to support a sufficient tonnage and average grade of minerals. Such a deposit does not qualify as containing reserves, until a comprehensive evaluation based on unit cost, grade, recoveries, and other material factors establishes legal and economic feasibility.
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Mineralized Material means a mineralized body that has been delineated by appropriately spaced drilling and/or underground sampling to support a sufficient tonnage and average grade of metals to warrant further exploration. Such a deposit does not qualify as a reserve until a comprehensive evaluation based upon unit cost, grade, recoveries, and other material factors conclude legal and economic feasibility. Mineralization classified as “inferred”, is a classification that is acceptable under Canadian regulations (see “Resource Category Classification” below) but cannot be used in a feasibility study and is not recognized by the SEC;
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Mineralized Material means a mineralized body that has been defined by appropriate drilling and/or underground sampling to establish continuity and support an estimate of tonnage and an average grade of the selected metals.
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Examples of Mineralized Material in a sentence

  • Property Tonnage (millions) Grade (Percent) Non-Reserve Mineralized Material (Millions of Lbs.

  • In accordance with the Commission’s Guideline on Non-Reserve Mineralized Material, and as shown in the following table, the Borrower estimates 136.2 million pounds of in-place mineralized uranium material on the Borrower’s New Mexico properties as of September 1, 2012.


More Definitions of Mineralized Material

Mineralized Material means material that is not included in the reserve as it does not meet all of the criteria for adequate demonstration for economic or legal extraction.
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Related to Mineralized Material

  • Recycled material means any material that would otherwise be a useless, unwanted or discarded material except for the fact that the material still has useful physical or chemical properties after serving a specific purpose and can, therefore, be reused or recycled.

  • Recyclable material means those materials which would

  • Recyclable Materials means materials that are separated from mixed municipal solid waste for the purpose of recycling or composting, including paper, glass, plastics, metals, automobile oil, batteries, source-separated compostable materials, and sole source food waste streams that are managed through biodegradative processes. Refuse-derived fuel or other material that is destroyed by incineration is not a recyclable material. (Minn. Stat. § 115A.03, Subd. 25a)