Mineral Resource Audit
A mineral resource audit is an independent assessment process that verifies that the resource estimates for extraction meet international standards (e.g., JORC, NI 43-101). Our company collaborates with licensed and accredited partners recognized by their respective professional associations and holding valid operational licenses. This ensures that our audits and assessments are thorough, transparent, and reliable, providing investors with confidence that their investments are based on accurate and accepted data.
Description of Process and Stages
1. Independent Expert Assessment
- We utilize independent experts who are leading professionals in their field, and whose work meets international standards.
The experts hold the relevant licenses and accreditations that confirm their competence and reliability.
2. Data Review
- We conduct a thorough review of all drilling data and laboratory analyses to ensure the accuracy and reliability of the data.
We employ modern 3D mapping and geological survey methods, which allow for a more precise determination of mineral resource concentration.
3. Field Work
- Independent experts monitor and confirm the sample collection methods in the field, ensuring that all steps comply with current standards.
Field work also includes conducting geological surveys and collecting samples necessary for accurate resource estimation.
4. Report Preparation
- We compile a comprehensive report in which resources are further classified – as measured, indicated, or inferred resources.
Report preparation occurs regularly, typically as quarterly updates, to reflect the latest changes and corrections.
5. Client Assurance and Reliability
- Licensed and Accredited Partners: Our partners are recognized by their respective professional associations and hold valid operational licenses, ensuring the highest quality and compliance with international standards.
- Modern Technologies: We use state-of-the-art technologies such as 3D mapping, LiDAR, and digital data analysis, allowing us to provide accurate and up-to-date assessments.
- Regular Updates: Our audit processes are updated with quarterly reports to ensure that all resource estimates reflect the latest data and developments.
- Transparency and Oversight: All audits and reports are prepared according to international standards and undergo strict oversight, providing investors with confidence and trust in our operations.
Our mineral resource audit is thorough and reliable, ensuring that resource estimates for extraction meet international standards (e.g., JORC, NI 43-101). In collaboration with licensed and accredited partners and using modern technologies, we provide an accurate, transparent, and regularly updated dataset, giving investors confidence in their investments.
Our goal is to make mining transparent, mitigate risks, and offer investment opportunities based on solid and reliable data.