- published: 01 May 2016
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Mineral Reserves (Ore Reserves) EXPLAINED! (Resources and Reserves: 2 of 2) This is the second in a two part series on Mineral Resources and Reserves. In this video, I explain Mineral Reserves, also called Ore Reserves.
Skeena Resources Announces Maiden Resource Estimate for Spectrum Gold-Copper Deposit Spectrum deposit hosts an Indicated Mineral Resource of 8.95 million tonnes grading 1.04 g/t Au, 6.58 g/t Ag and 0.11% Cu and containing 290,000 ounces of gold, 1.82 million ounces of silver and 20.835 million pounds of copper. At the same cut-off, the deposit hosts an additional 22.63 million tonnes in the Inferred category, with average grades of 1.03 g/t Au, 3.85 g/t Ag and 0.11% Cu and containing 750,000 ounces gold, 2.8 million ounces silver and 54.889 million pounds copper.
A company whose principal activities consist of exploration for mineral, oil or gas may not progress to the next stage of development or to a stage where it is able to generate revenue. Other industry specific risks must also be considered. "Reporting of Oil & Gas Resources and Reserves" One of the unique aspects of the Upstream Oil & Gas industry is the resources and reserves. What are these? What do investors need to know about reporting of oil & gas resources and reserves? Join our speakers David Guise and Edward Jankowski of RPS Energy (RPS) as they share their expertise on "Reporting Oil & Gas Resources and Reserves". David and Edward each has more than 30 years of experience in the industry. RPS is a global consultancy that helps clients develop natural energy resources across...
Mickey Fulp of http://www.MercenaryGeologist.com explains the fundamental difference between a resource and a reserve. From Wiki: Mineral resources are potentially valuable, and for which reasonable prospects exist for eventual economic extraction. Mineral reserves are valuable and legally and economically and technically feasible to extract. For More Info, Visit: http://www.mercenarygeologist.com http://www.evenkeelmedia.com Sign up for our FREE newsletter! https://secure.campaigner.com/CSB/Public/Form.aspx?fid=541179
Mineral resource classification is the classification of mineral deposits based on their geologic certainty and economic value. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Aurvista Gold: Drilling Brownfield & Greenfield To Expand 2.8mOz Gold Mineral Resource Estimate Get our free Newsletter (English) ►: http://eepurl.com/bScRBX Get our free Newsletter (German) ►: http://eepurl.com/08pAn Subscribe to our YouTube channel ►: https://www.youtube.com/user/ResourceCapitalAG?sub_confirmation=1 *Stay ahead of the investment-crowd* Commodity-TV and Rohstoff-TV offer you free interviews and company presentations across the Metals-, Mining- and Commodity sector.
Andover Mining, which trades on the TSX Venture Exchange, under the symbol AOX, has released an initial resource estimate for its SUN Project in Alaska. The Ambler Mineral Belt is one of the richest and most prospective copper mineral belts located in one of the safest geopolitical jurisdictions in the world.
Richard Clemmey, MD at Tertiary Minerals (LON:TYM), tells Proactiveinvestors that having had drill results in at its fluorspar project in Nevada the Consultant Wardell Armstrong has now been appointed to establish a JORC estimate. Thereafter the company will complete a scoping study by the end of 2014. Richard explains that the company is fully funded for this stage at the Nevada asset.
Sept. 7, 2012 - NioGold Mining Corp. today announced an updated mineral resource estimate for the Marban Deposit. "Following the resource estimate in 2010, our target was to increase the amount of ounces near surface on the Marban deposit to assess if an open pit scenario was possible. The results of this update of the resource estimate are showing that we achieved our goal" said Mike Iverson Niogold's President and CEO. Read the full News Release here: http://bit.ly/SpN6ug This is a paid awareness, please read our full disclaimer here: http://bit.ly/TwnNGi
The Orenada property is located on the western end of the Cadillac Break property package, approximately 4 km south east of the town of Val d'Or, QC. The property straddles the Cadillac Tectonic Zone (CTZ) and hosts two surface vein-type gold deposits, Orenada Zone 2 and Orenada Zone 4, within this shear zone. In the Fall of 2009, Alexandria completed a NI 43-101 compliant resource estimate on Orenada Zone 2 and 4 that identified Measured and Indicated resources of 446,000 ounces of gold and an Inferred resource of 302,000 ounces of gold.
Kalimantan Gold's chief executive, Faldi Ismail, (LON:KLG, CVE:KLG) tells Proactiveinvestors that the maiden mineral resource estimate for the company's flagship Beruang Kanan copper project in Indonesia is an important milestone in the company's development.
Accounting for depletion of a natural resources for determining the depletion base and depletion rate based on a minning and minerals example, determine what is included in the depletion base and how to calculate the depletion expense each period, Depletion of Natural resources (called wasting assets) include petroleum, minerals, and timber, their main features : 1- Complete removal (comsumption) of the asset, 2-Replacement of asset only by an act of nature Questions to be answered: 1-How to establish the cost basis for write-off? 2-What pattern of allocation should be used? Establishing a Depletion Base (factors) 1-Acquisition cost of the resource, 2-Exploration costs, 3-Development costs, 4-Restoration costs, Acquisition costs:1-Right to search & find an undiscovered natural resource, 2-...
Is Gaia becoming Thanatia, a resource exhausted planet? For how long can our high-tech society be sustained in the light of declining mineral ore grades, heavy dependence on un-recycled critical metals and accelerated material dispersion? These are all root causes of future disruptions that need to be addressed today. This book presents a cradle-to-cradle view of the Earth's abiotic resources through a novel and rigorous approach based on the Second Law of Thermodynamics: heat dissipates and materials deteriorate and disperse. Quality is irreversibly lost. This allows for the assessment of such depletion and can be used to estimate the year where production of the main mineral commodities could reach its zenith. By postulating Thanatia, one acquires a sense of destiny and a concern for a ...