Monday, January 02, 2017 7:31:14 AM
Every disclosure of exploration results, mineral resources or mineral reserves for each material property must be based on the work of a qualified person that is summarized in a dated and signed “technical report summary.” The registrant must file the technical report summary with the SEC when it makes these disclosures for the first time or when there is a material change from the last filed technical report summary. The proposed rules include extensive specifications for the content of the technical report summary and the qualifications of the qualified person. No such requirement exists currently—the SEC staff often requests a copy of the technical report underlying a registrant’s determination of mineral reserves, but it is not filed publicly.
https://corpgov.law.harvard.edu/2016/06/26/sec-and-mining-disclosures/
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