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Framework for Reporting<br />

EXPLORATION<br />

RESULTS<br />

MINERAL<br />

MINERAL<br />

Increasing RESOURCES RESERVES<br />

level <strong>of</strong> Reported as in situ Reported as<br />

geoscientific mineralisation mineable production<br />

know ledge estimates estimates<br />

and<br />

confidence<br />

INFERRED<br />

INDICATED<br />

PROBABLE<br />

MEASURED<br />

PROVED<br />

Consideration <strong>of</strong> mining, metallurgical, economic, marketing, legal,<br />

environmental, social and governmental fac<strong>to</strong>rs<br />

(the 'modifying fac<strong>to</strong>rs')<br />

Figure 1 Relationship between Exploration Results, Mineral Resources<br />

and Mineral Reserves

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