Classification of Reserves and Resources of Primary Gold from April 01, 2015

13:43, 10/07/2024

On February 13, 2015, the Ministry of Natural Resources and Environment issued Circular 03/2015/BTNMT regulating the exploration and classification of reserves, and gold ore mineral resources.

Reserves Classification and Original Gold Mineral Resource Ranking, 03/2015/BTNMT

Reserves Classification and Original Gold Mineral Resource Ranking (Illustration)

According to Circular 03/2015/BTNMT, from April 1, 2015, the original gold mineral resources are classified into two groups:

- Determined resources;- Predicted resources.

The determined resources group is subdivided into two types: reserves and resources

- The reserves type is divided into 3 levels, including: reserve level 111, reserve level 121, and reserve level 122.- The resources type is divided into 6 levels, including: resource level 211; resource level 221; resource level 222; resource level 331; resource level 332; and resource level 333.

The predicted resources group is divided into 2 levels, including: resource level 334a and resource level 334b.

Note: The detailed reserves and resources classification table is specified in Appendix 1 attached to this Circular.

See the full text of the regulation in Circular 03/2015/BTNMT effective from April 1, 2015.

Thu Ba

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