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Amadeus4153

01/20/17 10:14 AM

#13055 RE: gitreal #13048

"Guess what? The proposed replacement will be a lot tougher on exploration phase companies like Mexus."

Wrong! Have you actually read the proposed rules changes? I doubt it, considering your statement above. Below are 2 examples of areas where the proposed rules will loosen requirements.

. Permit mineral reserves to be based on a preliminary feasibility study or a final feasibility study (Guide 7 currently only permits reporting of reserves based on a final feasibility study),

. Update definitions of mineral reserves and mineral resources (Guide 7 currently does not define or permit disclosure of mineral resources),