04measured and indicated mineral resource
- That part of a Mineral Resource for which tonnage, densities, shape, physical characteristics, grade and mineral content can be estimated in part with a high level of confidence and in part with a reasonable level of confidence. It is based on exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. The locations are in places spaced closely enough to confirm geological and grade continuity and in other places too widely or inappropriately spaced to confirm geological and/or grade continuity but are spaced closely enough for continuity to be assumed.
- Australia GGIC
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