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Proven Reserve

You are here: Home / CM Tooltip Glossary Ecommerce / Proven Reserve

8 October,2017By: Arman Abdul Rahman

Ore reserves for which: (a) the quantity is computed from dimensions revealed in outcrops, trenches, workings or drill holes, and grade is computed from the results of detailed sampling; and (b) the sites for inspection, sampling and measurement are spaced so closely and the geologic character is so well defined that size, shape, depth and mineral content of reserves are well established.

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