CIM standards on mineral resources and reserves: definitions and guidelines

The Committee's proposed standards establish definitions and guidelines for the reporting of Exploration Information, Mineral Resources and Mineral Reserves in Canada and are identified as the "CIM Standards" and referred to as such hereafter in this document. To provide additional clarification to Qualified Persons (QPs), guidelines have been included with the respective definitions. The CIM Standards are applicable to all minerals including industrial minerals, diamonds and other gemstones. Reserve definitions for bitumen, natural gas and oil are not included in these Standards. The CIM Standards are not intended to cover mineral inventory estimates that will be reported to government agencies.