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Dragonwing

01/25/11 4:15 AM

#36000 RE: overachiever #35992

Only if it's a Development or Production Property

http://www.cim.org/committees/NI_43-101_FormF1_Dec_30.pdf

FORM 43-101F1 - TECHNICAL REPORT Rules and Policies

Item 25: Additional Requirements for Technical Reports on Development Properties and Production Properties
-Technical reports on development properties and production properties must include
(a) Mining Operations - information and assumptions concerning the mining method, metallurgical processes and production forecast;
(b) Recoverability - information concerning all test and operating results relating to the recoverability of the valuable component or commodity and amenability of the mineralization to the proposed processing methods;
(c) Markets - information concerning the markets for the issuer's production and the nature and material terms of any agency relationships;
(d) Contracts - a discussion of whether the terms of mining, concentrating, smelting, refining, transportation, handling, sales and hedging and forward sales contracts or arrangements, rates or charges are within industry norms;
(e) Environmental Considerations - a discussion of bond posting, remediation and reclamation;
(f) Taxes - a description of the nature and rates of taxes, royalties and other government levies or interests applicable to the mineral project or to production, and to revenues or income from the mineral project;
(g) Capital and Operating Cost Estimates - capital and operating cost estimates, with the major components being set out in tabular form;
(h) Economic Analysis - an economic analysis with cash flow forecasts on an annual basis using proven mineral reserves and probable mineral reserves only, and sensitivity analyses with variants in metal prices, grade, capital and operating costs;
(i) Payback - a discussion of the payback period of capital with imputed or actual interest; and
(j) Mine Life - a discussion of the expected mine life and exploration potential.