NI 43-101 Technical report, Surface diamond drilling ... - Iamgold
NI 43-101 Technical report, Surface diamond drilling ... - Iamgold
NI 43-101 Technical report, Surface diamond drilling ... - Iamgold
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R a r e E a r t h E l e m e n t E x p l o r a t i o n P r o g r a m M a r c h - 2 0 1 3<br />
W i n t e r - S u m m e r 2 0 1 2 P a g e | 132<br />
factors<br />
costs been noted and are the assumptions<br />
and parameters used reasonable and<br />
justifiable?<br />
Have the assumptions made regarding (but<br />
not limited to) revenue including head grade,<br />
metal or commodity price(s) exchange rates,<br />
transportation and treatment charges,<br />
penalties, etc, been stated?<br />
JORC- (Sect D:<br />
Criteria 6)<br />
SAMREC-(Sect D:<br />
Criteria 2, 9, 10, &<br />
11)<br />
SME-(Criteria D & E)<br />
LG, JFT<br />
No, Item 19,<br />
LG, JFT<br />
Are there any allowances made for royalties<br />
payable, both Government and private and<br />
have they been stated?<br />
No, Item 19,<br />
LG, JFT<br />
4.7<br />
Market<br />
assessment<br />
Have the demand, supply and stock situation<br />
for the particular commodity, the consumption<br />
trends and the factors likely to affect supply<br />
and demand into the future been denoted?<br />
Has a customer and competitor analysis<br />
along with the identification of likely market<br />
windows for the product been completed?<br />
CIM- (<strong>43</strong>-<strong>101</strong>-Item<br />
25)<br />
JORC- (Sect D:<br />
Criteria 7)<br />
SAMREC-(Sect D:<br />
Criteria 5,6 & 14)<br />
SME-(Criteria E)<br />
No, Item 19,<br />
LG, JFT<br />
No, Item 19,<br />
LG, JFT<br />
4.8 Other<br />
Are there price and volume forecasts and has<br />
the basis for these forecasts been denoted?<br />
Are there any effects of natural risk,<br />
infrastructure, environmental, legal,<br />
marketing, social or governmental factors on<br />
the likely viability of a project and/or on the<br />
estimation and classification of the Ore<br />
Reserves?<br />
Has the status of titles and approvals critical<br />
to the viability of the project, such as mining<br />
leases, discharge permits, government and<br />
statutory approvals been verified?<br />
CIM- (<strong>43</strong>-<strong>101</strong>-Item<br />
25)<br />
JORC- (Sect D:<br />
Criteria 8)<br />
SAMREC-(Sect D:<br />
Criteria 10,11,15 &<br />
16)<br />
SME-(Criteria G)<br />
No, Item 19,<br />
LG, JFT<br />
No, Item 19,<br />
LG, JFT<br />
Yes, Item 6<br />
LG, JFT<br />
Has the basis for the classification of the Ore<br />
Reserves into varying confidence categories<br />
been denoted?<br />
CIM- (<strong>43</strong>-<strong>101</strong>-Item<br />
19)<br />
JORC- (Sect D:<br />
Criteria 9)<br />
Yes, Item 19,<br />
LG, JFT<br />
4.9 Classification<br />
Does the result of the classification<br />
appropriately reflect the Competent/Qualified<br />
Person(s)’ view of the deposit?<br />
SAMREC-(Sect D:<br />
Criteria 17)<br />
SME-(Criteria C.2)<br />
Yes, Item 19,<br />
LG, JFT<br />
Has the proportion of Probable Ore Reserves<br />
which have been derived from Measured<br />
Mineral Resources (if any) been denoted?<br />
No, Item 19,<br />
LG, JFT<br />
4.10<br />
Audits or<br />
reviews<br />
Have the results of any audits or reviews of<br />
Ore Reserve estimates been denoted?<br />
CIM- (<strong>43</strong>-<strong>101</strong>-Item<br />
19)<br />
JORC- (Sect D:<br />
Criteria 10)<br />
Yes, Gmining, Réjean<br />
Sirois, Q1 2013<br />
LG, JFT<br />
Can the date of the last independent audit be<br />
specified?<br />
SAMREC-(Sect D:<br />
Criteria 18)<br />
Yes, Q1 2013<br />
3400, chemin du Columbium, St-Honoré-de-Chicoutimi, QC G0V 1L0 Canada – tel. : 418 673-4694 Fax : 418 673-3179<br />
E-mail : info.niobec@iamgold.com www.niobec.com
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