Inferred Mineral Resources are the lowest-confidence Mineral Resource category, but what role should they play in mine planning?
In this episode of Fresh Thinking, Tarrant Elkington is joined by Allan Earl, Executive Consultant at Snowden Optiro, to discuss the practical and regulatory considerations around including Inferred Resources in mine plans.
Tarrant and Allan explore the distinction between mine plans developed for operational and strategic purposes and those used for public reporting.
They discuss how Inferred Resources are treated under different reporting frameworks, including JORC, NI 43-101 and S-K 1300, and some of the challenges this creates for mine planners.
The discussion also considers the practical implications of including or excluding Inferred Resources, particularly for long-term and underground mine planning, and the potential for companies to maintain different plans for internal, strategic and public reporting purposes.
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