We perform mineral reserve estimates in accordance with NI 43-101 and CIM definition standards, transforming classified mineral resources into proven and probable reserves, based on realistic mine design, accurate planning and rigorous economic validation.
Our objective: to ensure that the reserves are technically feasible and economically defensible.
Block model analysis:
Evaluation of client-supplied models to verify their structural integrity, coding accuracy, density assignment, and suitability for conversion to reserves. Verification of consistency between geological domains, estimation parameters, and grade control practices.
Mine design and planning:
Development of open-pit or underground mine designs incorporating realistic geometry, geotechnical constraints, dilution and recovery factors, and equipment capabilities. Development of production schedules aligned with mining sequences, cut-off grade strategies, and processing capacity.
Application of modification factors:
Integration of mining, metallurgical, economic, environmental, social, and legal factors to assess reasonable prospects for economic extraction. Documentation of assumptions related to yields, costs, and revenues under current or forecasted market conditions.
Economic evaluation:
Conversion of design and planning results into a detailed financial model to confirm the viability of reserves based on metal prices, operating costs, and capital assumptions. Performance of sensitivity analyses to assess risks and value drivers.
Classification and declaration of reserves:
Classification into proven or probable reserves based on data quality, confidence level, and engineering accuracy. Preparation of reserve schedules, explanatory notes, and figures in accordance with NI 43-101 reporting requirements.
QP Documentation and Compliance:
Providing transparent documentation on the methods, parameters and assumptions used.
Final validation of all reservation statements by a Qualified Person (QP) possessing the technical and professional skills required by NI 43-101.