Probable Mineral Reserve definition

Probable Mineral Reserve means the economically mineable part of an indicated and, in some circumstances, a measured mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified;
Probable Mineral Reserve means the economically mineable part of an Indicated, and in some circumstances, a Measured Mineral Resource. The confidence in the Modifying Factors applying to a Probable Mineral Reserve is lower than that applying to a Proven Mineral Reserve.
Probable Mineral Reserve means, in accordance with CIM Definition Standards, the economically mineable part of an Indicated, and in some circumstances a Measured Mineral Resource demonstrated by at least a Preliminary Feasibility Study. This Study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction is justified.

More Definitions of Probable Mineral Reserve

Probable Mineral Reserve means the economically mineable part of an indicated and, in some cases, a measured mineral resource.
Probable Mineral Reserve means the economically mineable part of an indicated and, in some circumstances, a measured mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified (This definition is set out in the CIM Definition of Standards on Mineral Resources and Mineral Reserves.)
Probable Mineral Reserve has the meaning given in and is to be determined as prescribed in SAMREC.
Probable Mineral Reserve means the economically mineable part of an indicated mineral resource, and in some circumstances, measured mineral resource. It includes diluting materials and allowances for losses which may occur when the material is mined. Appropriate assessments, which may include feasibility studies, have been carried out, and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified.
Probable Mineral Reserve means the economically mineable part of an indicated, and in some circumstances, a measured mineral
Probable Mineral Reserve means the economically mineable part of an indicated mineral reserves, and in some circumstances, measured mineral resource. It includes mineral resource diluting materials and allowances for losses which may occur when the material is mined. Appropriate assessments, which may include feasibility studies, have been carried out, and
Probable Mineral Reserve means the estimated quantity and grade or quality of that part of an indicated mineral resource for which economic viability has been demonstrated