Prefeasibility Study definition
Examples of Prefeasibility Study in a sentence
The Company may produce, at its sole discretion, a Preliminary Economic Assessment (PEA) and a Prefeasibility Study (PFS).
All costs incurred by the Manager in connection with any Preliminary Study, Pre-feasibility Study or Feasibility Study will be costs of the WA Iron Ore JV.
White Rock announced in 20204 a positive updated Mt ▇▇▇▇▇▇▇▇▇▇ Prefeasibility Study (U-PFS) based on a “Gold First Strategy” with a gold Probable Reserve (JORC 2012) using a conventional crush / grind and CIL processing circuit.
Notwithstanding section 3.1, upon the Optionee, having completed the payments and share issuances pursuant to section 2.2(a) and having prepared and delivered a Pre-feasibility Study pursuant to section 2.2(c), notwithstanding the amount of exploration expenditures that may have been incurred on the Property, the Optionee will have earned a 100% interest in the Property.
Upon the Optionee paying such sums, incurring such expenditures, issuing such Royce Shares and preparing and delivering the Pre-feasibility Study as required pursuant to sections 2.2(a), (b) and (c) hereof, the Optionee will be deemed to have exercised the Option and to have acquired a 100% right, title and interest in the Property, subject only to the Royalty.