What is a qualified person NI 43-101?

What is a qualified person NI 43-101?

NI 43-101 requires a company to file a technical report at certain times on properties material to the company, prepared in a prescribed format. In some circumstances, the qualified person is to be independent of the company and the property.

What is scientific and technical information 43-101?

NI 43-101 is a rule that governs how issuers disclose scientific and technical information about mineral projects to the public. It covers oral statements as well as written documents and websites. Issuers are required to make disclosure of reserves and resources using definitions approved by the CIM, except for coal.

How do you become a Qualified Person 43-101?

Qualified Persons Statement

1. is an engineer or geoscientist with at least five years of experience in mineral exploration, mine development or operation or mineral project assessment, or any combination of these;
2. has experience relevant to the subject matter of the mineral project and the technical report; and.

What is a 43-101 report?

The purpose of an NI 43-101 Technical Report, as stated in the Form 43-101F1 Instructions, is “to provide a summary of material scientific and technical information concerning mineral exploration, development, and production activities on a mineral property that is material to an issuer” and the instructions to authors …

What does JORC stand for?

Joint Ore Reserves Committee
JORC means Joint Ore Reserves Committee; the JOR committee developed a set of guidelines for the reporting of Mineral Resources and Ore Reserves referred to as the “Code”.

What is the JORC Code?

What is the JORC Code? The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (‘the JORC Code’) is a professional code of practice that sets minimum standards for Public Reporting of minerals Exploration Results, Mineral Resources and Ore Reserves.

What is the Valmin code?

Valmin. The VALMIN Code sets out requirements for the technical assessment and valuation of mineral assets and securities for independent expert reports, it provides guidance for petroleum assets and securities.

What are the criteria to become a mineral?

A formal definition of a mineral, as used by geologists would be: A naturally occurring inorganic solid that has a definite chemical composition, and an ordered internal structure. Geologists are able to identify minerals because they have characteristic physical properties.

What do you need to know about NI 43-101?

National Instrument (NI) 43-101 is a technical reporting standard developed by the Canadian Securities Administrators (CSA) that specifically applies to mineral projects.

Can a mining project be a NI 43-101 complaint?

Since NI 43-101 is a reporting standard and not a report type, there are many types of reports that can be filed on a mining project which can be NI 43-101 complaint.

What does National Instrument 43-101 in Canada mean?

It simply means that the rules for reporting on a property were followed. National Instrument (NI) 43-101 is a technical reporting standard developed by the Canadian Securities Administrators (CSA) that specifically applies to mineral projects.