Preliminary Feasibility Study definition

Preliminary Feasibility Study means a comprehensive study of the viability of a mineral project that has advanced to a stage where the mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, has been established, and which, if an effective method of mineral processing has been determined, includes a financial analysis based on reasonable assumptions of technical, engineering, operating, economic factors and the evaluation of other relevant factors which are sufficient for a qualified person, acting reasonably, to determine if all or part of the mineral resource may be classified as a mineral reserve.
Preliminary Feasibility Study means a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on mining, processing, metallurgical, economic, marketing, legal, environmental, social and governmental considerations and the evaluation of any other relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the Mineral Resource may be classified as a Mineral Reserve.
Preliminary Feasibility Study means a study that

Examples of Preliminary Feasibility Study in a sentence

  • Any Feasibility Study or Preliminary Feasibility Study shall be prepared under a separate program and budget.

  • A PROBABLE MINERAL RESERVE is the economically mineable part of an Indicated and, in some circumstances, a Measured Mineral Resource demonstrated by at least a Preliminary Feasibility Study.

  • The Optionee shall have a one time right exercisable for any time up to 90 days following a publicly disclosed preliminary economic assessment (PEA), Preliminary Feasibility Study, or equivalent document citing an economic evaluation of in-ground resources, to buy up to one-half (50%) of the Optionor’s NSR interest for $3,000,000.

  • In October 2009, ▇▇▇▇▇ commenced a Preliminary Feasibility Study which was completed in April, 2010 (“2010 PFS”).

  • A US $ 500 , 000 share payment on completion of a Preliminary Feasibility Study (PFS) as defined by Canadian National Instrument 43 - 101 , Standards of Disclosure for Mineral Projects within Canada .


More Definitions of Preliminary Feasibility Study

Preliminary Feasibility Study means an assessment of the economic potential for mining of the Poker Flats property short of a Mining Feasibility study, subject to the stipulations listed in Section 3.2 (b) below;
Preliminary Feasibility Study means a comprehensive study, prepared in good faith, of the viability of exploiting a mineral deposit on the Fye Property that has advanced to a stage where the mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, has been established, and includes an effective method of mineral processing and a financial analysis based on reasonable assumptions of technical, engineering, operating, economic factors and the evaluation of other relevant factors which are sufficient for a Qualified Person, as defined in §14.2, acting reasonably, to determine that all or part of the mineral resource may be classified as a mineral reserve.
Preliminary Feasibility Study means a comprehensive study of a range of options for the technical and economic viability of a mineral project that has advanced to a stage where a preferred mining method, in the case of underground mining, or the pit configuration, in the case of an open pit, is established and an effective method of mineral processing is determined. It includes a financial analysis based on reasonable assumptions on the Modifying Factors and the evaluation of any other relevant factors which are sufficient for a Qualified Person, acting reasonably, to determine if all or part of the Mineral Resource may be converted to a Mineral Reserve at the time of reporting. A Pre-Feasibility Study is at a lower confidence level than a Feasibility Study.
Preliminary Feasibility Study means a preliminary feasibility study as defined pursuant to the Canadian Institute of Mining, Metallurgy and Petroleum ▇▇▇▇▇://▇▇▇▇.▇▇▇.▇▇▇/media/1088/cim_definition_standards_may10_2014.pdf, as may be amended from time to time;
Preliminary Feasibility Study means a study regarding the Conversion Process prepared in accordance with Section 7.2 which shall evaluate the technical and economic feasibility of constructing and operating a Conversion Facility.
Preliminary Feasibility Study means a comprehensive study of the viability of a mineral project that has advanced to a state where measured, indicated and inferred resources having been established, and the mining method has been established, and which, if an effective method of mineral processing has been determined, includes a financial analysis based on reasonable assumptions of technical, engineering, operating, economic factors and the evaluation of other relevant factors which are sufficient for a qualified Person, acting reasonably, to determine if all or part of the mineral resource may be classified as a mineral reserve as defined by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), as the CIM Definition Standards on Mineral Resources and Mineral Reserves adopted by CIM Council, as those definitions may be amended. Appendix A – Definitions: Page 7
Preliminary Feasibility Study means a preliminary analysis of the economic feasibility of a PPP Project.