Ore Reserves definition

Ore Reserves means that estimate of ore which is in existence and can reasonably be estimated to be capable of extraction, processing and sale at a profit.
View Source
Ore Reserves shall have the meaning contained in NI 43-101;
View Source
Ore Reserves as defined in the JORC Code, means the economically mineable part of
View Source

Examples of Ore Reserves in a sentence

  • The methodology reviewed for the evaluation of the reserves is the JORC (Joint Ore Reserves Committee).

  • THIS THIRD AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NORTH CAROLINA, EXCEPT TO THE EXTENT THAT THE FEDERAL LAWS OF THE UNITED STATES OF AMERICA MAY APPLY.

  • The Scoping Study is based on lower level technical and preliminary economic assessments and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage, or certainty that the conclusions of the Scoping Study will be realised.

  • The Ore Reserves support a mine life of up to 350k tonnes of graphite per annum for a reserve life of 16 years.

  • CLASSIFICATION QUANTITY (Mt) QUALITY (% V2O5 RoM) CONTAINED V2O5 (Mt) Proved Ore Reserves 30.23 0.70% 0.21 Probable Ore Reserves 46.62 0.72% 0.34 Source: Sound Mining, 2022 Notes: • The Ore Reserves are stated at a price of USD9.50/lb; • The Ore Reserves are stated on a 100% attributable basis for VanRes, of which VR8 owns 86.49%; • The LoM was restricted to a production forecast of 25 years whereafter the mining licence will need to be renewed.

  • The information in this announcement that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based on information reviewed, collated and compiled by Mr ▇▇▇▇▇ ▇▇▇▇▇▇, a full-time employee and the Managing Director of Firefly Resources Ltd.

  • The information in this report that relates to Ore Reserves is based on information compiled by ▇▇▇▇ ▇▇▇▇▇ who is a professional Mining Engineer and a Member of Australian Institute of Geoscientists.

  • Other than as specified in this announcement and the mentioned announcements, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and, in the case of estimates of Mineral Resources, Exploration Target(s) or Ore Reserves that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

  • Randgold’s mineral resource and ore reserve estimates have been prepared according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves standards and guidelines published and maintained by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (the JORC (2012) Code).

  • The information in this report that relates to the Fungoni Ore Reserves are based on information compiled under the direction of Mr ▇▇▇▇▇▇ ▇▇▇▇▇.