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Republic of the Philippines Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU North Avenue, Dalian, Quezon Biannual MINERAL RESOURCE/ORE RESERVE INVENTORY REPORT (PER MINING
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How to fill out annual mineral resourceore reserve

01
Determine the applicable regulations and guidelines for reporting annual mineral resource or reserve.
02
Gather all relevant data and information regarding the mineral resource or reserve, including exploration data, geological reports, drilling results, and any other relevant data sources.
03
Classify the mineral resource or reserve based on the reporting code or classification system being used (e.g. JORC, NI 43-101).
04
Evaluate and estimate the quantity and quality of the mineral resource or reserve using appropriate geological and engineering techniques.
05
Prepare a comprehensive report documenting the findings and estimations, including all relevant data, assumptions, methodologies, and calculations.
06
Validate the report by engaging independent experts or consultants to review and verify the results.
07
Submit the completed report to the appropriate regulatory authorities or governing bodies for approval and compliance.
08
Regularly update and review the mineral resource or reserve estimates to reflect any changes in exploration activities, mining operations, or new information that may impact the estimations.

Who needs annual mineral resourceore reserve?

01
Mining companies or operators who need to comply with reporting requirements and regulations set by regulatory authorities.
02
Investors and financial institutions who use the information on annual mineral resource or reserve to evaluate the financial potential and risks associated with investing in mining projects.
03
Government agencies and departments responsible for monitoring and regulating the mining industry.
04
Research institutions and academic organizations who study mineral resources and reserves for scientific purposes.
05
Environmental organizations and advocacy groups who monitor the impact of mining activities on mineral resources and reserves.

What is ANNUAL MINERAL RESOURCE/ORE RESERVE Form?

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Annual mineral resource reserve is the estimate of mineral resources that has been identified for the upcoming year.
Mining companies and organizations involved in mineral extraction are required to file annual mineral resource reserve.
Annual mineral resource reserve is filled out by providing detailed information on the estimated mineral resources, reserves, and extraction plans for the upcoming year.
The purpose of annual mineral resource reserve is to provide transparency and accountability in the mining industry by documenting and reporting estimated mineral resources and reserves.
Information such as estimated mineral resources, reserves, extraction methods, and planned activities for the upcoming year must be reported on annual mineral resource reserve.
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