NMR 0.00% 3.2¢ native mineral resources holdings limited

scoping study results, page-60

  1. 11,206 Posts.
    Just found a definition of a scoping study and it says,

    " a hypothetical development scenario and is based on preliminary information "

    Pre-feasibility on the other hand,

    "The key differences between a scoping study and a feasibility study have to do with:

    stage of the project -- scoping study is limited to early stage projects

    usage of inferred resources -- a scoping study, with strict disclosure requirements, may use inferred resources. A feasibility study would be restricted to Proven and Probable reserves plus Measured and Indicated resources.

    Given that Inferred resources have a greater uncertainly associated with them, a scoping study relying on Inferred resources is going to have a much higher degree of uncertainty associated with it than a feasibility study limited to reserves and Measured + Indicated resources would have."

    http://www.goldminerpulse.com/blogs/what-is-a-scoping-study.php

    The above is Canadian, but unable to find anything for Australia quickly enough.
 
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