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Assay |
means to test ores or minerals by chemicals or other methods for the purpose of determining the amount of valuable metals contained. |
|
Ag |
means silver. |
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Au |
means gold. |
|
Base Metal |
means a classification of metals usually considered to be of low value and higher chemical activity when compared with the precious metals (gold, silver, platinum, etc.). This nonspecific term generally refers to the high-volume, low-value metals copper, lead, tin, and zinc. |
|
Breccia |
means rock consisting of fragments, more or less angular, in a matrix of finer-grained material or of cementing material. |
|
CIM |
means the Canadian Institute of Mining, Metallurgy and Petroleum. |
|
CIM Standards |
means the Mineral Resources and Reserves Definitions and Guidelines adopted by the CIM Council on August 20, 2000, as those definitions may be amended from time to time by the CIM. |
|
Claim |
means a mining interest giving its holder the right to prospect, explore for and exploit minerals within a defined area. |
|
Concentrates |
means the clean product of ore or metal separated from its containing rock or earth by froth flotation or other methods of mineral separation. |
|
Concentrator |
means a plane where ore is separated in values (concentrates) and rejects (tails). |
|
Concession |
means a grant or lease of a tract of land made by a government or other controlling authority in return for stipulated services or a promise that the land will be used for a specific purpose. |
|
Cu |
means copper. |
|
Diamond Core |
means a rotary type of rock drill that cuts a core of rock and is recovered in long cylindrical sections, two centimeters or more in diameter. |
|
Deposit |
means an informal term for an accumulation of mineral ores. |
|
Exploration Stage |
means a prospect that is not yet in either the development or production stage. |
|
Feasibility Study |
means an engineering study designed to define the technical, economic, and legal viability of a mining project with a high degree of reliability. |
|
Formation |
means a distinct layer of sedimentary rock of similar composition. |
|
Grade |
means the metal content of ore, usually expressed in troy ounces per ton (2,000 pounds) or in grams per ton or metric tons which contains 2,204.6 pounds or 1,000 kilograms. |
|
g/t |
means grams per tonne. |
|
kg |
means kilograms. |
|
km |
means kilometer. |
|
lb |
means one pound and is equal to 454 grams. |
|
m |
means metre. |
|
Mineral Reserves |
mean the economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining processing, metallurgical, economic and other relevant factors that demonstrate, at the time of the reporting, that economic and extraction can be justified. A Mineral Reserve includes allowances for dilution and losses that may occur when material is mined. |
|
Mineral Resource |
means mineralization in such a form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a Minerals Resource are known, estimated or interpreted from specific geological evidence and knowledge. |
|
Mineralization |
means the concentration of metals within a body of rock. |
|
Mining |
means the process of extraction and beneficiation of mineral reserves to produce a marketable metal or mineral product. Exploration continues during the mining process and, in many cases, mineral reserves are expanded during the life of the mine operations as the exploration potential of the deposit is realized. |
|
Moz |
means million of ounces. |
|
Net Smelter Return Royalty |
means a defined percentage of the gross revenue from a resource extraction operation, less a proportionate share or transportation, insurance, and processing costs. |
|
Open Pit |
means a mine working or excavation open to the surface. |
|
Outcrop |
means that part of the geologic formation or structure that appears at the surface of the earth. |
|
Oxide |
means mineralized rock in which some of the original minerals have been oxidized (i.e. combined with oxygen). Oxidation tends to make the ore more porous and permits a more complete permeation of cyanide solution so that minute particles of gold in the interior of the minerals will be more readily dissolved. |
|
oz |
means ounces. |
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Pb |
means lead. |
|
Precious Metal |
means any of several relatively scarce and valuable metals, such as gold, silver and the platinum group metals. |
|
Production Stage |
means a project that is actively engaged in the process of extraction and beneficiation of mineral reserves to produce a marketable metal or mineral product. |
|
Reclamation |
means the process of returning land to another use after mining is completed. |
|
Recovery |
means the portion of the metal contained in the ore that is successfully extracted by processing, expressed as a percentage. |
|
Reserves |
means that part of the mineral deposit that could be economically and legally extracted or produced at the time of reserve determination. |
|
Sampling |
means selecting a fractional, but representative, part of a mineral deposit for analysis. |
|
Sediment |
means solid fragmental material that originates from weathering of rocks and is transported or deposited by air, water, or ice, or that accumulates by other natural agents, such as chemical precipitation from solution or secretion by organisms, and that forms in layers on the Earth's surface at ordinary temperatures in a loose, unconsolidated form. |
|
Sedimentary |
means formed by the deposition of sediment. |
|
SFA |
means screen fire assay. |
|
Sulfide |
means a compound of sulfur and some other element. |
|
t or tonne |
is a measure of weight equal to 1,000 kg or 2,204 lbs. |
|
tpd |
means tonnes per day. |
|
Tertiary |
means the first period of the Cenozoic Era (after the Cretaceous of the Mesozoic Era and before the Quaternary), though to have covered the span of time between 65 million years and 3 to 2 million years ago. |
|
Vein |
means a fissure, fault or crack in a rock filled by minerals that have traveled upwards from some deep source. |
|
Waste |
means rock lacking sufficient grade and/or other characteristics of ore. |


June 20-21, 2012
Standard Chartered Earth's Resources Conference
JW Marriot Hotel, Hong Kong, China
September 9-12, 2012
Denver Gold Forum
Denver, Colorado, USA, Hyatt Regency
October 2-3, 2012
Metals & Mining Conference hosted by John Tumazos Very Independent Research
New York, NY, USA, Westin Grand Central