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The proposed amendments to National Instrument 43-101 Standards of Disclosure for Mineral Projects are designed to: remove or replace certain definitions and requirements that have become outdated. modernize and streamline certain requirements to reflect current industry practice.
Who is a qualified person for NI 43-101?
The term qualified person is used in National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) to mean an individual who has certain geosciences or engineering education and experience in the mining industry to permit them to author a Form 43-101F1 Technical Report.
What is the Canadian National Instrument Classification 43-101?
NATIONAL INSTRUMENT 43-101 PURPOSE: Plainly put, the purpose of the National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges overseen by the Canadian Securities Administrators (CSA).
What is the code ni43 101?
NI 43-101 applies broadly to companies both public and private, and to a variety of disclosures types including mineral exploration reports, reporting of resources and reserves, presentations, oral comments, and websites.
What is the difference between SK 1300 and 43-101?
Disclosure Requirements: SK1300 requires more detailed economic analysis for mineral reserve disclosure compared to JORC and NI 43-101. NI 43-101 has more prescriptive requirements for the content of technical reports. JORC allows more flexibility in reporting but requires clear explanation of the basis for estimates.
The National Instrument 43-101 is a document for the Standards and Disclosure for Mineral Projects within Canada. The mineral projects can be anywhere in the world, but if the company is listed on a Canadian stock exchange they are required to prepare this technical report of publicly disclosed information.
What are the rules of NI 43-101?
Its rules aim to prevent companies from sharing inaccurate or misleading information about their mineral assets with prospective investors and the public. It is overseen and enforced by the Canadian Securities Administrators.
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