RESOURCE AUDITS

MINXCON GROUP

RESOURCE AUDITS

Minxcon’s Resources and Geology team has many years of experience in the implementation and maintenance of industry best practices to ensure reporting compliance of Mineral Resources. Minxcon personnel have conducted numerous technical audits and due diligences exercises for high profile companies for the purposes of Competent Person sign-off and annual reporting.

Reporting Codes followed are:

  • South African Code for Reporting of Mineral Resources and Reserves. (SAMREC Code)
  • Australian Code for Reporting of Identified Mineral Resources and Ore Reserves. (JORC Code)
  • Canadian Institute of Mining, Metallurgy & Petroleum. (National Instrument 43-101)

The Minxcon Multi-Level Audit Report System (“MLARS”) presents an all-encompassing Mineral Resource Management (“MRM”) hierarchy with multiple-level applicable visual outputs to help understand and manage all technical aspects associated with Mineral Resource reporting for constant improvement.

The MLARS will cover the following:

  • Audit Overview
  • Geology
  • Data Collection & QA/QC
  • Laboratory Audits
  • Statistics & Geostatistics
  • Resource Estimation
  • Reconciliation
  • Group Issues