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By N. W. Hendry

ABSTRACT Exploration by geophysical methods and diamond drilling of an occurrence of chrysotile asbestos, located ten miles east of Matheson, Ontario, was commenced on March 25th, 1949, by the Canadian Johns-Manville Company, Limited. The asbestos is associated with a narrow sill-like body of basic and ultrabasic rocks which strikes northwesterly across portions of Munro and Beatty townships. To date, asbestos zones of commercial interest, many hundreds of feet in length, width, and depth, have been outlined by diamond drilling along a 2-mile length of serpentine. The fractures occupied by the asbestos veins are closely associated with the regional faulting in the area. The mining of the first occurrence, or A orebody, will be by open-pit methods. Milling will commence at a rate of 50 tons an hour. INTRODUCTION OCCURRENCES of chrysotile asbestos in Munro township have been known at least since 1914 and references to them appear in reports published by the Ontario Department of Mines in 1915 (1) and 1919 (2). J. G. Ross (3) in his excellent publication on Chrysotile Asbestos in Canada, mentions an occurrence in Munro township. The area was first mapped in detail by J. Satterly, of the Ontario Department of Mines, in 1944, and brief mention is made of chrysotile asbestos in Satterly's preliminary report (4), which was published the following year.

Jan 1, 1951

By Edward Martinez

Due to its unique properties, chrysotile asbestos is used in many diversified applications. In recent years, a better understanding of the structure and properties of chrysotile has evolved due to the research efforts of many investigators. A summary of the results of some of these investigations is given. An attempt is made to show the relationships between the properties of chrysotile and its crystal structure. Examples taken from the literature are cited in which methods have been developed for modifying the properties to improve the performance of asbestos in some applications. These include the effect of pH on the positive zeta potential and the addition of sodium silicate to improve filtration characteristics. The dehydroxylation and formation of forsterite when chrysotile is heated are also discussed.

Jan 1, 1966

A mine that staggers the imagination is Chuquicamata, the granddaddy of them all. In 1968 production exceeded 300,000 tons of copper. Production began in 1915 and mining proceeded solely on oxide ores until 1953 when the first treatment of sulfides began. Today the company has mined about 1.2 billion tons of all types of material since inception. The accelerating rate of output can be gauged by the comparable 1946 figure of production-to-date which was 350 million tons. No single mine comes close to touching Chuqui for productivity at its high annual metal yield mining only 90,000 tpd of ore at the luxurious waste-to-ore ratio of 0.6 to 1. However, the complexity of the operation is enormous and the experience required to synchronize the various processes is masked by normal operations and only becomes apparent in times of emergency such as when the slide took place in the pit in February.

Jan 11, 1969

IN CIRCLES where mining men are wont to fraternize, a statement often heard is: "Yes, I spent six (or two, or ten, or thirty) years down at 'Chuqui.' " This means Chuquicamata, the site in Chile of what in all probability is the world's largest deposit of copper ore. One hears similar remarks regarding Braden and Andes, and, in fact, regarding a score of other big mines in South America, Africa, and elsewhere, but Chuqui seems to lead the others as the locale of engineers who have done a stint in foreign countries. One reason probably is that it is the Anaconda Company's premier foreign operation. Because of its unusual size and the diversity of its operations a great many men are needed. It is a sort of training school for young engineers; but, also, Anaconda has sent down a great many mature members of its big organization for special assignments like metallurgical research or plant construction. Chuquicamata is about 150 miles northeast of Antofagasta, at an elevation of 9,500 ft. It is in an almost rainless desert country where the wind (it is alleged by some) blows most of the time. However, the copper mining entrepreneurs have done their best to make up for what nature has neglected to do in creating a pleasant environment for the people who operate the mines. These include about 160 "foreigners" of whom 86 are from the United States, most of them accompanied by their families. There are 165 Chileans on the staff. Comforts, conveniences, and many luxuries are provided to offset in some measure the disagreeable features of the climate. Nevertheless, as I have implied, engineers at Chuqui generally jump at the chance to become "alumni" when opportunity offers. At the same time, they appear to take pride in their alma mater.

Jan 1, 1957

By Glenn C. Waterman

THE diamond drill is a very important tool in exploration and development testing and its use is increasing. In almost all cases results of diamond drilling are analyzed on the basis of grade and tons. A proper evaluation of core and sludge assays is important if drilling results are to be acceptable as a basis for geologic and engineering appraisal. The relatively wide variation in assay averages as calculated by various well-known combining methods indicates that the engineering choice of a method may affect the outcome of the drilling in terms of ore and waste. The problem of combining assay results from core and sludge samples has been discussed many times in conference and in the literature.'" Most writers agree that the field of disagreement in methods is large and that the engineer on the job must consider features unique to his drilling, pick one of several combining methods, and depart from the rules when abnormal results come in. All the discussion to date can be summed up by the admission that as yet there is no fairly simple, generally acceptable combining method that is practicable over a wide range of drilling conditions, ground conditions, and ore occurrence.

Jan 1, 1955

By Juan Carlos Zevallos

El presente artículo da cuenta de la puesta en marcha, en agosto de 2019, del proyecto que convirtió a Chuquicamata —una de las minas open pit de cobre más grandes y antiguas de Chile— en una ejemplar operación subterránea, moderna y sustentable, que aplica tecnología de punta. El autor ofrece detalles completos sobre los parámetros de esta operación, cuya explotación se realiza por medio de macro bloques, con el proceso denominado Block Caving. La operación cuenta hoy con una vida útil cercana a los 40 años y se han optimizado considerablemente los estándares ambientales, operativos y de seguridad.

Oct 30, 2020

By A. P. Svenningsen

IN the early stages of design it was not considered necessary that separate crushing plants be built for the new sulphide concentrator and smelter until sometime in the future. The plan was to use the existing crushing facilities for both oxide and sulphide ore. A few additions were contemplated for the existing plants, such as increased bin capacity, and possibly two new secondary crushing units. The more the problem was studied and discussed with the plant operators, the more it became evident that it was complex. It involved the classification of different kinds of ore from the open pit mine -sulphide, oxide and mixed-and how best to separate them so that each kind of ore was given the proper processing and treatment. It also involved the problem of keeping the different ores from being contaminated in bins, hoppers and chutes. Added to these, transportation became complicated and would involve additional handling and loading of ore from crushing plants to conveyors, to bins, and finally to railroad cars which were to be hauled to the concentrator and dumped into the fine ore bin. General In the early part of 1951 it was decided that the concentrator be constructed with ten grinding units instead of seven as originally authorized. The smelter was to be increased proportionally and naturally also the overall tonnages of ore to be handled by the new sulphide plant. Due to this increase in plant capacity and the larger tonnages involved, the difficulties which would arise by using the existing crushing plants were increased to a point where it became evident that the building of new crushing plants for sulphide ore exclusively was technically, as well as economically, advantageous. Authorization was, therefore, given by the company to construct new crushing plants to handle 30,000 tons of ore per day, and capable of reducing the run-of-open-pit ore to the proper size feed for the 10x14-ft rod mills in the concentrator. The ore, mined in the open pit, sometimes comes in pieces as large as 6 to 7 ft diam. The rod mills may call for ore crushed to 3/4 in. The large .size of ore delivered from the open pit determined that a 60-in. gyratory crusher be used as primary breaker. Such a crusher will have a capacity considerably in excess of 30,000 tons per day. The crusher will be a single discharge unit driven by a 500-hp electric motor through a tear coupling and a floating shaft. This type of drive has proven successful at a number of other crusher installations which our company has operating in the United States, Mexico and South America. The tear coupling will protect both the crusher and motor against damage in case of overload. No new features are incorporated in the design of the crusher itself, except that the, discharge chute is made the full width of the crusher with parallel sides instead of the usual converging sides. This change in detail should eliminate, a feature which has been a bottleneck in some of the operating plants and has caused loss of production due to ore hanging up and blocking the chute. The secondary crushing plants will have three 7-ft standard Symons cone crushers and six 7-ft short head Symons crushers. Between the primary and secondary crushing plants a coarse ore bin will be constructed with a nominal draw-off capacity of 30,000 tons of ore. The standard Symons and the short head Symons will be in separate buildings. All the crushing plants and the coarse ore bin are interconnected with conveyor belts for transporting the ore to the crushers at the tonnage rate desired. The final product of the new crushing plants is produced by the short head crushers. It will be delivered onto a conveyor belt leading to the top of the fines ore bin in the concentrator. A separate conveyor belt running the full length of the fines ore bin and provided with a movable tripper of rugged design will discharge the sulphide ore into the bin. The concentrator bin is planned and designed so that the installation of this additional conveyor will not interfere with the operation of the two railroad tracks on which crushed ore is brought from the existing oxide plant. Thus when completed the bin can be filled simultaneously by ore from the new crushing plant and by ore from the existing leaching plant.

Jan 1, 1952

By J. P. Manning

UNQUESTIONABLY, the outstanding feature of the piping for the sulphide plant is the large amount which had to be done in almost every size from instrument tubing to 84 in. OD pipe. In this article the piping will be considered under the main headings of Yard Piping and Building Piping. Tables I and II give data concerning the individual systems. In the case of yard piping the figures pertaining to lengths and weights are approximately correct; those for building piping are given only for the concentrator and smelter buildings where the amounts were the most extensive. Yard Piping The installation specifications for yard piping called for all sizes larger than 12 in. to have welded joints made with outside welding rings. This type of joint was selected over butt-welded joints because less time would be needed for lining up, damaged pipe ends would be less of a problem, and deflections up to 6° per joint could be made when necessary. These advantages were thought to outweigh the disadvantage of the greater amount of welding required. Yard piping in sizes of 3 to 12 in. was specified to have butt-welded joints made with inside welding rings which were intended to facilitate lining up and keep welding material out of the lines. Screwed connections were specified for sizes under 3 in. No protective coatings or wrappings were required on pipe to be buried because of the dry climate at Chuquicamata.

Jan 1, 1952

By J. C. Salas, A. Weishaupt, J. A. Guzman

The origins of the electrorefining process date back to 1869, when the first ER cathodes were produced at Pembrey, South Wales. By the time that Pembrey was closing, Chuquicamata tank house was under construction, initiating in 1915 a long history of electrolytic cathodes production. Initially electrowon cathodes and later electrorefined cathodes were produced. During the history of Chuquicamata tank house, there have been several challenges associated with the quality demanded for electrolytic copper. Among them, the transformation from electrowinning to electrorefining in 1952, the onset of the direct commercialization of ER cathodes and the phase out of wire bars in the 80s, several technological changes including the implementation of permanent cathodes, and certainly the constant increase in complexity of the anodes refined. This paper explores the manner in which Chuquicamata has addressed these challenges and examines its links to process characteristics, which have been necessary to maintain a product quality according to market requirements and a brand, “CCC”, that is widely recognized worldwide. INTRODUCTION Located in the north of Chile, in the Atacama Desert, Chuquicamata is an open pit copper mine that for many years has played a relevant role in the global and local mining industry. Known from prehispanic times, the Chuquicamata deposit was initially developed between 1912 and 1915 by the Chile Exploration Company, the operating company of the Chile Copper Company controlled by the Guggenheim Brothers in the USA (Yeatman, 1916). Officially inaugurated on May 18th, 1915, by the President of Chile who pressed a button in Santiago sending a telegraph signal to the power generation plant specially built in Tocopilla, 1500 km north. It signaled the beginning of generating energy, sending it to Chuquicamata, another 140 km east (“El mineral de Chuquicamata”, 1915), marking the beginning of its industrial operation.

Jan 1, 2019

By G. Van Weert

In the spring of 2010 double refractory ores from historical stockpiles were processed through Barrick's Goldstrike pressure oxidation facility, thereby providing preg robbing feeds for a variety of metallurgical testwork. This paper describes the effects of amount, type, place and time of addition of activated carbons on CIL gold recovery and shows that native carbon in plant PDX'ed discharge solids can still preg rob gold loaded activated carbon.

Jan 1, 2011

By José Aparecido Pereira

Os cilindros acabadores de cantoneiras e barras são de ferro fundido nodular coquilhado que normalmente atendem às necessidades de qualidade e produtividade destes produtos. O problema ocorre quando se laminam cantoneiras de pequena espessura ou barras com requisitos de baixa rugosidade superficial. Uma das soluções é o uso de cilindros com anéis de metal duro (Carboneto de Tungstênio) que apresentam grande resistência a abrasão e com excelente qualidade superficial e produtividade, mas por outro lado têm baixa resistência ao impacto e ao choque térmico, requerendo cuidados especiais na prática operacional e na refrigeração para evitar fraturas. Há diversas técnicas de montagem dos anéis nos eixos e sistemas de refrigeração para garantirem a integridade dos anéis.

Jul 30, 2018

By Sophia Wong

Nickel is used in a wide variety of applications from consumer goods to industrial uses. In many of these uses, nickel contributes to the environmental attributes of the product. The challenge, however, is measuring that contribution, comparing it to the environmental cost of production, and communicating the role of nickel to the customer in a way that is easy to understand. This paper presents the Nickel Institute?s approach to climate change as a global commodity industry association, and discusses where we stand with regard to some of these key questions. It also identifies issues for the nickel industry moving forward ? challenges that are likely to be common to other commodities.

May 1, 2009

By CIM Standing Committee

The CIM Definition Standards on Mineral Resources and Reserves (CIM Definition Standards) establish definitions and guidance on the definitions for Mineral Resources, Mineral Reserves, and mining studies used in Canada. The Mineral Resource, Mineral Reserve, and mining study definitions are incorporated, by reference, into National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). The CIM Definition Standards can be viewed at mrmr.cim.org. Readers should be aware that reports written by persons issuing technical reports that disclose information about exploration or other mining properties to the public in Canada are governed by a number of securities regulations.

May 10, 2014

By CIM Environmental, Social Responsibility Society

Within the mining industry, the pathway from exploration, to planning, construction, operation and closure has become more complex over the last few decades. The current financial, environmental and social influences present the mining industry with unprecedented challenges and opportunities. In addition, international environmental and social reporting standards and codes are becoming increasingly robust. The reporting requirements provide an added impetus for issuers to effectively manage environmental and social impacts and risks. Reporting requirements also provide the opportunity to be transparent. The intended audience for these Environmental, Social and Governance (ESG) Guidelines for Mineral Resource and Mineral Reserve Estimation includes practitioners, industry participants at all levels of skill and experience, corporate management and board members, government agencies, academic institutions and interested parties. For practitioners, this document provides underlying key principles of environmental, social and governance practices. The ESG Guidelines provide guidance for those using environmental, social, governmental and governance information when preparing and implementing mineral exploration programs and contributing to the preparation of mineral resource and mineral reserve estimates for mineral properties that are either at the study stage (i.e., scoping / preliminary economic assessment, pre-feasibility, or feasibility studies) or in operation. The guidelines can also be used to help mineral resource and mining companies apply good practice to manage their environmental and social risks and opportunities. Companies can identify and retain appropriate professionals to prepare environmental and social materials to support company studies. The guidelines are also a resource for companies developing effective environmental and social management strategies at any project stage. This document is not intended to be prescriptive and is not intended to provide exhaustive guidance on what to consider in terms of environmental, social, legal and governmental modifying factors in the preparation of MRMR estimates. Rather, it is intended as general guidance to assist companies and practitioners in considering and applying these modifying factors for MRMR estimates. This document is also not intended to guide environmental and social impact assessment (ESIA); however, the measures needed to manage impacts help inform the constraints and costs for defining mineral resources and mineral reserves and inform the costs and schedules of mineral project studies. All documentation of MRMR estimates made by an issuer and intended to be, or reasonably likely to be, made available to the public in a jurisdiction of Canada must comply with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101), as amended from time to time (Canadian Securities Administrators, 2016a and 2016b). Disclosure is not addressed in these ESG Guidelines. Determination of what to include in disclosures is defined in the applicable Securities’ legal frameworks. Appendix A presents a summary table showing the linkage of the principles and topics in these ESG Guidelines to the potential effects on project costs, schedules, government permits and approvals, social licence to operate and financing.

Sep 8, 2023

By CIM Mineral Resource, Mineral Reserve Committee

The CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (MRMR Best Practice Guidelines) were prepared by the Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) Mineral Resources and Mineral Reserves Committee (CIM MRMR Committee) to update an earlier version that was accepted by CIM Council on November 23, 2003 (CIM, 2003). These 2019 MRMR Best Practice Guidelines supersede and replace the November 23, 2003 version of the MRMR Guidelines. These 2019 MRMR Guidelines are not intended to be prescriptive and are not intended to provide detailed and exhaustive instructions for preparation of Mineral Resource and/or Mineral Reserve (MRMR) estimates. Rather, they are intended as general guidance to assist professional geoscientists (or equivalent) and engineers (or equivalent) in preparing high quality estimates of MRMR that incorporate sound geoscientific, engineering, evaluation and design practices. They are based on well-established estimation and mine planning principles and are designed to provide general guidelines of best professional practices employed in the preparation of MRMR estimates. Although the 2019 MRMR Best Practice Guidelines are intended for use by Canadian-based mining/exploration practitioners, many of the concepts and practices presented herein are in general agreement with current industry practices in jurisdictions with membership in the Committee for Mineral Reserves International Reporting Standards (CRIRSCO). For this document, persons preparing MRMR estimates are called Practitioners. Preparation of MRMR estimates should be carried out by Practitioners who either hold the status of Professional Geoscientist (or equivalent) or Professional Engineer (or equivalent), or who prepare the estimates under the supervision of a Professional Geoscientist (or equivalent) or Professional Engineer (or equivalent). For the purposes of this document, all references to reporting describe such necessary reports and related documentation that are created as part of the normal-course work flow of preparing MRMR estimates for internal purposes. For clarity, all public disclosure of MRMR estimates made by, or on behalf of, an issuer and intended to be, or reasonably likely to be, made available to the public in a jurisdiction of Canada must comply with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101), as amended from time to time. At least one Qualified Person (QP) must take responsibility for each part of the estimation process when publicly disclosing the results of MRMR estimates. The intended audience for these 2019 MRMR Best Practice Guidelines includes Practitioners at all levels of skill and experience, government agencies, academic institutions, and the public.

Nov 29, 2019

"“Developed by the CIM Sub-Committee, these guidelines are an addition to Guidelines Specific to Particular Commodities which are appended to the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines.Rock Hosted DiamondsJennifer Burgess, Consultant, Sechelt, BCNeil Buxton, WWW International Diamond Consultants Ltd.Darren Dyck, BHP Billiton Diamonds Inc., Kelowna, BCMartinus Oosterveld, (De Beers retired), Plettenberg Bay, South AfricaRichard Routledge, Scott Wilson Roscoe Postle Associates Inc., Toronto, ONMalcom Thurston, De Beers Canada, Toronto, ONPreambleDiamonds are produced commercially from intrusive rock, consisting of kimberlite and lamproite, and from alluvial and marine placer deposits. These guidelines apply to rock deposits; the term ""diamonds"" herein refers to natural diamonds; ""diamond deposits"" refers to diamonds hosted in kimberlite and lamproite rocks; and ""diamonds"" and ""stones"" are interchangeable.The CIM Best Practices General Guidelines for other commodities are also applicable to diamond deposits, however, because of diamond's distinguishing aspects, additional guidelines are appropriate as published in the CIM Guidelines for the Reporting of Diamond Exploration Results and these Best Practice Guidelines for estimating Mineral Resources and Mineral Reserves (MRMR).Diamonds differ from other minerals. Firstly, they occur as discrete particles in concentrations as low as parts per billion. Secondly, the release of diamonds from the kimberlite or lamproite host rock is a function of the excavation and treatment process. Thirdly, the value of diamonds varies from deposit to deposit and varies with stone size within a given deposit. These aspects must be considered when sampling, evaluating the resource and establishing the reserve of a depositThe product from metallic mineral mines is generally quite liquid in terms of number of potential buyers, and the commodity prices and price structure are published daily. In contrast, most diamonds are valued in the overall market context only 10 times a year in ""sights"" and the marketing of diamonds is dominated by a small number of organizations. Diamond valuation is more akin to industrial minerals valuation in that process recovery is important at the ""assay stage"", the impact on price of new goods arriving on the market must be evaluated, and product quality must be acceptable to potential buyers."

Jan 1, 2003

By CIM Mineral Resource, Mineral Reserve Committee

Industrial minerals are generally considered to include non-metallic minerals, mineral products, or materials that provide raw material inputs for the construction, chemical, and manufacturing industries. They are often relatively low-value and bulky materials that are generally used close to where they are produced; however, some raw materials may be transported hundreds of kilometres to manufacturers and customers (ENDM, 2021). They do not include the metallic minerals, mineral fuels, or gemstones, and are used in industries based on their physical and/or chemical properties (Wikipedia, 2021). In contrast to most metallic minerals, a general distinguishing characteristic of the industrial minerals sector is their general low degree of market elasticity in relation to the market prices and product specifications. The estimation of either a Mineral Resource or a Mineral Reserve (MRMR) for an industrial minerals deposit can be affected to a significant degree by a number of factors that are not typically applicable to metallic mineral deposits. These factors can include such considerations as the particular physical and chemical characteristics of the final product, product quality issues, market size and market access. In some cases, such information may be confidential and proprietary. One of the key challenges of the industrial minerals sector is to define a commonly accepted listing of which types of minerals, materials, or mineral deposits can be considered as industrial minerals (Mining Standards Task Force, 1999). Although definitions for what constitutes an industrial mineral can vary in detail, general descriptions can be found in American Geosciences Institute (2021), Fastmarkets IM (2021), Snowden (2019), SME (2021) and Wikipedia (2021). A brief listing of some of the materials and minerals that are generally considered to be industrial minerals is provided in Table 1. For the purposes of this document, all references to industrial minerals include not only the minerals, materials, and mineral deposits themselves, but also the various commercial products that are derived from these sources.

Nov 19, 2023

By CIM Mineral Resource, Mineral Reserve Committee

These Leading Practice Guidelines for Mineral Processing (LPGMP) were prepared by the Sub-Committee on Leading Practice Guidelines for Mineral Processing. The Sub-Committee reports to the Executive Committee of the Canadian Mineral Processors (CMP) which is a Technical Society of the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) and incorporates those members of the CIM who are concerned with the processing of mineral deposits. The LPGMP covers the involvement of mineral processing professionals, referred to as Practitioners in this document, in providing inputs to the estimation of Mineral Resources and Mineral Reserves and providing technical content for internal reports as well as public reports on mineral projects as required under National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The LPGMP supplement the CIM Exploration Practice Guidelines (2018) and the CIM Estimation of Mineral Resources and Mineral Reserves Practice Guidelines (2019) which are referenced in Companion Policy 43-101CP to NI 43-101 and recognized internationally. The LPGMP consist of 3 sections: • Principles of Process Support in Mineral Resources and Mineral Reserves Estimation; • Appendix A – Use of Supporting Studies in Process Evaluation and Assessment for NI 43-101 Documentation; • Appendix B – Glossary of Terms Relevant to the LPGMP. The LPGMP deal primarily with the description of leading practice as it applies to the mineral processing and extraction of base metals, precious metals, and other mineral products by the application of mineral processing technology. Other commodities may be considered with future updates of these guidelines. It is expected that this is a ‘living’ document and that these guidelines will develop in the future to address the requirements of the mining industry, investing public, and mining professionals involved. Clarifications and changes to these guidelines will be done under the guidance of the Executive Committee of the CMP.

Nov 25, 2022

By CIM Mineral Resource, Mineral Reserve Committee

The CIM Mineral Exploration Best Practice Guidelines (the Exploration Guidelines) have been prepared to assist professional geoscientists and engineers to conduct consistently high-quality work in order to maintain public confidence. The Exploration Guidelines are meant to assist professional geoscientists and exploration practitioners in planning, supervising, and executing exploration programs. In Canada, there are generally two types of public resource reporting: “Disclosure”, as defined by NI 43-101, is the reporting of technical information to the public and market participants for securities legislation purposes where a Qualified Person (QP) must be involved, and reporting of exploration information for governmental agencies to support obligations under laws including the Mining Acts of each of the Provinces and Territories. The Exploration Guidelines are also relevant where the results will not be publicly reported but are intended for internal company use. While this document is intended as guidance for work conducted or supervised by geoscientists in Canada, many of the practices described herein can be adapted to mineral exploration activities in other countries. The Exploration Guidelines are not intended to inhibit original thinking, or to prevent the application of new approaches that may develop into fundamental components of successful mineral exploration programs. Rather than provide prescriptive solutions to specific issues, they include general guidelines for current professional practice and to demonstrate and defend the merits of new methods. These guidelines do not preclude individuals and companies from developing more detailed guidelines specific to their own requirements. The initial version of the Exploration Guidelines was prepared by the Canadian Institute of Mining and Metallurgy and Petroleum (CIM) Exploration Best Practices Committee and adopted by CIM Council on August 20, 2000. On January 9, 2018, CIM Council formed a new committee, the Mineral Resources and Reserves Committee (CIM MRMR Committee) with a mandate to, among other things, update the Exploration Best Practice Guidelines. The mandate for the committee was accepted by CIM Council on March 2, 2018. The new document was adopted by the CIM Council on November 23, 2018.

Nov 23, 2018

"At the May 15, 2006 and the May 1, 2007 Canadian Securities Administrators (CSA) Canadian Institute of Mining, Metallurgy and Petroleum (CIM) meetings in Vancouver and Montreal, CSA requested CIM consider certain issues arising out of the CSA review of Technical Reports and public disclosure, in general, regarding the practice of estimation and reporting of Mineral Resources and Mineral Reserves. The following is a summary of the issues raised by the CSA and the responses of the CIM.Preamble: At the May 15, 2006 and the May 1, 2007 Canadian Securities Administrators (CSA)-Canadian Institute of Mining, Metallurgy and Petroleum (CIM) meetings in Vancouver and Montreal, CSA requested CIM consider certain issues arising out of the CSA review of Technical Reports and public disclosure, in general, regarding the practice of estimation and reporting of Mineral Resources and Mineral Reserves. The following is a summary of the issues raised by the CSA and the responses of the CIM Reserve Definition and the CIM Estimation Best Practices Committees (the Committees). This information is intended to provide the Qualified Person (QP) with further guidance when estimating Mineral Resources and Mineral Reserves and in preparing a technical report written under National Instrument 43-101 (NI 43-101). Several members of the CIM Reserve Definition Committee, the CIM Estimation Best Practices Committee and some members of the Committee for Mineral Resources International Reporting Standards have reviewed these issues and provide the following commentary.Issue 1. - CSA requested CIM review and comment on the selection of an appropriate commodity price to be used in Mineral Resources and Mineral Reserves estimates.Commodity prices are used in the estimation of Mineral Resources and Mineral Reserves and in the economic analysis of a property. In times of rapidly changing commodity prices, or when prices are at the extreme ends of a commodity price cycle, the QP has a difficult job in selecting an appropriate commodity price.• The selection of appropriate technical variables, including commodity price, is clearly the responsibility of the Qualified Person (QP). The QP must describe the reasons for selecting these variables, including price, in the technical report.• The definition of a ""Mineral Resource"" contains the wording ""reasonable prospects for economic extraction,"" therefore, a QP must select economic parameters, including commodity price, that will result in an estimate of Mineral Resources and Mineral Reserves that have ""reasonable prospects for economic extraction""."

Jan 1, 2003