US Precious Metals (fka USPR)

[notaclueyet]

JFYI...When analyzing the major international reporting codes it is possible to find that any reference to "resources" was made exactly as in the JORC Code. The main reason for this was that the JORC Code was established earlier and it had been relatively reliable when compared to other codes. Since most codes are based on the JORC Code, the comparative analysis focuses on the two instrumental codes (NI43-101 and JORC Code) that vary in principle but to which most mining companies are aligned.



The exceptions were cases in which the U.S. Securities and Exchange Commission (SEC) had very limited requirements for public reporting for mining projects. However, it should be noted that, based on the principles of the SEC for mineral reporting, SEC Guide 7 is acceptable.