Resources or Reserves

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Creating value through Exploration and Development in the Sierra Madre of Mexico

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Resources or Reserves

posted on Dec 02, 2009 10:16AM

This is all fine for the Inferred/Estimates Mineral Resources.

Question remains- what are the Measured and Indicated (M&I) or the Proven and Probable Reserves?

"My experience is that many Inferred Resource project estimates delivered by hired gun consulting geological engineers in 43-101 Technical Reports have little chance of ever being upgraded to Measured and Indicated Resources let alone an economically feasible Proven and Probable Mineral Reserve." Mickey Pulp.

Follwer

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