TypeofStudy
PropertyofMerit
Report
ResourceReport
PreliminaryEconomic
Assessment
PreFeasibilityStudy
DatasuppliedbyClient
Geologicalwork Surveying
Geophysicalwork
Drillholedatabase Surveying
GeologicalModel QAQCprocedures
Drillholedatabase Surveying
GeologicalModel QAQCprocedures
Drillholedatabase Surveying
GeologicalModel QAQCprocedures
SiteVisitand
IndependentSampling*
Sitevisitby1QP:Geologist
Independentsampling
Sitevisitby1QP:Geologist
Independentsampling
Sitevisitby3QPs:Geologist
MineEngineer ExtractiveMetallurgist
Independentsampling
Sitevisitby4QPs:Geologist MineEngineer
ExtractiveMetallurgist Environment
Independentsampling
NI43101compliant
ResourceEstimates
(Measured Indicated Inferred)
NI43101compliant
ResourceEstimates
(Measured Indicated Inferred)
NI43101compliant
ResourceEstimates
(Measured Indicated Inferred)
MetallurgicalTests*
PreliminaryMetallurgicalTests
ComprehensiveMetallurgicalTests
MineDesign
PreliminaryMineDesign
Miningmethod Useofeconomical/environmental/
geotechnical/hydrogeologicalparameters
MineDesign
Miningmethod Useofeconomical/environmental/
geotechnical/hydrogeologicalparameters
ResourceEstimates
ConversionofsomeoftheMeasuredand
IndicatedResourcestoReserves(Proven Probable)
Inclusionofdilution/recovery Inferrednotconverted
ReserveEstimates
EconomicalStudy*
PreliminaryEconomicalStudy
usingallResources(M I I)withdilutionandrecovery
PlantandMineCapexandOpex
ComprehensiveEconomicalStudy
usingonlyReserves(Proven Probable)
PlantandMineCapexandOpex
Report
NI43101compliant
PropertyofMerit TechnicalReport
NI43101compliant
ResourceEstimates TechnicalReport
NI43101compliant
PreliminaryEconomicAssessment TechnicalReport
(includesResourceEstimates)
NI43101compliant
PreFeasibilityStudyTechnicalReport
(includesResourceandReserveEstimates)
ApproximatePrice$CAN
15,000 25,000*
35,000 75,000*
75,000 125,000*
175,000 275,000*
*:Dependingontheproject,Sampling,MetallurgicaltestsandEconomicalStudycanmakeoverallcostsrisesignificantly
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