front 1 PMRC | back 1 Philippine Mineral Reporting Code |
front 2 Accredited Competent Person (ACP) | back 2 a minerals industry professional who is a Member or Fellow of PSEM,
GSP and/or |
front 3 Bre-X Scammer | back 3 Michael De Guzman |
front 4 Company of Fraud | back 4 Bre-X |
front 5 Mineral | back 5 any substance, extracted for value, occurring naturally in or on the
Earth, |
front 6 Grade (a.k.a. quality) | back 6 Any physical or chemical measurement of the characteristics of
the |
front 7 Cut-off Grade | back 7 - The lowest grade, or quality, of mineralized material that
qualifies as |
front 8 Tonnage (a.k.a. quantity or in volume) | back 8 An expression of the amount of material of interest irrespective of
the |
front 9 Recovery (%) | back 9 The percentage of material of initial interest that is extracted
during |
front 10 Mineral Resource | back 10 a concentration or occurrence of solid |
front 11 Mineral* Reserve | back 11 economically mineable part of a |
front 12 Exploration Target | back 12 a statement or estimate of the exploration potential of a mineral
deposit in a |
front 13 SCOPING STUDY | back 13 a.k.a. Conceptual Study |
front 14 PRE-FEASIBILITY STUDY | back 14 a.k.a. Preliminary Feasibility Study |
front 15 ENGINEERING EVALUATIONS | back 15 is based |
front 16 Conceptual Study | back 16 assessment of physical characteristics and |
front 17 Engineering Study | back 17 - methods, layouts, systems are quantified and compared; resulting in firm designs and costs |
front 18 Detailed Design Study | back 18 drawings, specifications of preferred methods, layouts and systems5 |
front 19 FINAL FEASIBILITY STUDY | back 19 a.k.a. Comprehensive/Definitive/Bankable Feasibility Study |
front 20 Gross Value | back 20 Grade x Recovery x Price |
front 21 Profit | back 21 Gross Value – Cost |
front 22 Metric Ton (M.T.) = Tonne | back 22 2204.623 lbs = 1000 kg |
front 23 Long Ton = British/UK/Imperial Ton | back 23 2240 lbs = 1016.047 kg |
front 24 Short Ton = Ton | back 24 2000 lbs |
front 25 Specific Gravity | back 25 cubic meters x S.G. = tonnage (metric tons) |
front 26 Tonnage Factor | back 26 cubic ft x 1/T.F. = tonnage (short tons) |
front 27 | back 27 Tonnage Factor |