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This technical report provides an update on the mineral resources of the Reliquias Mine in Huancavelica, Peru, including geological descriptions, exploration programs, drilling results, and mineral resource estimates as of January 1, 2024. It is prepared in compliance with National Instrument 43-101 standards.

How to fill out ni 43-101 technical report

How to fill out ni 43-101 technical report

1. Gather project information: Collect details about the mining project, including location, size, and geological data.
2. Conduct a comprehensive literature review: Review existing studies and reports related to the project.
3. Prepare technical sections: Outline the sections required in the report, such as property description, geological setting, mineral resource estimation, and mining methods.
4. Document exploration programs: Detail past and current exploration activities, including drilling and sampling methods.
5. Provide adequate assays and test results: Include laboratory analysis of samples and relevant test work.
6. Estimate mineral resources: Use recognized methodologies to calculate mineral resources and provide rationale for the estimates.
7. Compiling economic analysis: Assess the project's economic viability and financial metrics.
8. Engage qualified personnel: Ensure that professionals involved in the report meet the necessary qualifications as per NI 43-101 standards.
9. Review and verify: Conduct internal reviews to confirm accuracy and compliance with disclosure requirements.
10. Prepare a final draft: Assemble all sections into a cohesive document and include necessary appendices and references.

Who needs ni 43-101 technical report?

1. Mining companies: They require the report for regulatory compliance and to attract investors.
2. Investors: Investors need the report to assess the viability of mining projects before making financial decisions.
3. Financial institutions: Banks and other lending institutions use the report to evaluate risks associated with project funding.
4. Regulatory bodies: Government agencies require the reports to ensure mining activities comply with legal standards.
5. Stakeholders: Local communities and environmental groups may need the report to understand potential impacts of mining projects.

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What is ni 43-101 technical report?

NI 43-101 is a National Instrument that sets out the standards for disclosure of scientific and technical information about mineral projects in Canada. It provides a framework for the preparation of technical reports that detail the exploration, development, and production of mineral resources.

Who is required to file ni 43-101 technical report?

Public companies involved in mineral exploration and mining in Canada are required to file NI 43-101 technical reports. This includes companies listed on Canadian stock exchanges that disclose mineral properties, ensuring that investors have access to reliable and accurate information.

How to fill out ni 43-101 technical report?

To fill out an NI 43-101 technical report, the author must collect and analyze relevant data pertaining to the mineral project. The report should include sections such as property description, geological setting, mineral resource estimate, and any relevant exploration results. It must be written by a qualified person who meets specific criteria set out in the guidelines.

What is the purpose of ni 43-101 technical report?

The purpose of the NI 43-101 technical report is to provide transparent and comprehensive information about a mineral project's resources and exploration potential. This ensures that investors can make informed decisions based on consistent and reliable data.

What information must be reported on ni 43-101 technical report?

The NI 43-101 technical report must include information such as the property's location, ownership details, geology, exploration history, data verification processes, mineral resource estimations, and exploration plans. It should also outline the qualifications of the report's author.