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Mineral Resource Estimate:


  • Review of recent datasets (grade control and exploration);
  • Review of sampling protocols
  • Review of QA/QC
  • Review of previous reports, geological model
  • Review of the system and workflow for reconciliation of resources
  • Depletion calculation
  • Update of the mineral Resources estimation
  • Report on Mineral Resources for Al Khabra and B6 using MWSPC’s template

Ore Reserves evaluation:


  • Mine reconciliation (production data [mine, beneficiation] versus resources in 2023 within mined areas)
  • Update of the Reserves estimate (derived from resources and modifying factors)
  • Stockpile ore management
  • Review and update (if necessary) of modifying factors
  • Mine planning and economic assessment (all reserves are planned in a Life Of Mine [LOM] Plan, economical model with discounted cash flow [DCF] over LOM [OPEX-CAPEX mine and beneficiation, revenues, net present value])

Preparation of Ore reserves report and sign-off at year-end