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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 | 133<br />

SME-(Criteria B.1,<br />

B.3 & H)<br />

LG, JFT<br />

4.11<br />

Discussion of<br />

relative<br />

accuracy<br />

/confidence<br />

Was a statement made regarding the relative<br />

accuracy and/or confidence in the Reserve<br />

estimate as well as, the approach or<br />

procedure deemed appropriate by the<br />

Competent Person? [For example, the<br />

application of statistical or geostatistical<br />

procedures to quantify the relative accuracy<br />

of the reserve within stated confidence limits,<br />

or, if such an approach is not deemed<br />

appropriate, a qualitative discussion of the<br />

factors which could affect the relative<br />

accuracy and confidence of the estimate.]<br />

Does the statement specify whether or not it<br />

relates to global or local estimates, and, if<br />

local, have the relevant tonnages or volumes,<br />

which should be relevant to technical and<br />

economic evaluation been stated?<br />

[Documentation should include assumptions<br />

made and the procedures used.]<br />

CIM- (<strong>43</strong>-<strong>101</strong>-Item<br />

19)<br />

JORC- (Sect D:<br />

Criteria 11)<br />

SAMREC-(Sect D:<br />

Criteria 17)<br />

SME-(Criteria F)<br />

Yes, Item 19 and 21,<br />

LG, JFT<br />

Yes, Item 19,<br />

LG, JFT<br />

Have the statements of relative accuracy and<br />

confidence of the estimate been compared<br />

with production data, where available?<br />

No,<br />

LG, JFT<br />

5.0 - Reserve & Resource Management - Risk and Controls Matrix (and<br />

supplementary controls)<br />

Item<br />

Risks<br />

Identified<br />

Control measures<br />

Implementation<br />

SignOff/Comment/Doc<br />

reference<br />

(Note and comment<br />

on any deficiencies)<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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