2012.11.15 加拿大ni43101法規簡報(英)
- 2. In March 1993 and in October 1995 Bre-X announced significant amounts of gold had been discovered, sending its stock price soaring. However, in 1997, Bre-X collapsed and its shares became worthless in one of the biggest stock scandals in Canadian history, and the biggest mining scandal of all time. The NI43-101 was created after the Bre-X scandal to protect investors from unsubstantiated mineral project 1 disclosures
- 3. The NI is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators (CSA). Most Stock Exchange require NI43-101 report to list on. 2
- 4. The instrument requires that a “Qualified Person" (QP) be attributed to the information The NI43-101 is broadly comparable to the JORC Code (Australia) and SAMREC ( South Africa) It enhance the accuracy and integrity of disclosure in the mining sector Provides a level of investor protection by ensuring the right information 3
- 5. Consist of: National Instrument 43-101 - Mineral project disclosure and filing rules that must be followed Companion Policy 43-101CP - Our views on how certain provisions of NI 43-101 are to be interpreted and applied 4
- 6. 1. Involvement of qualified person (QP) 2. Standard terminology and definitions 3. Prohibits misleading disclosure 4. Facilitate disclosure with context and caution 5. Technical report supporting disclosure 4
- 7. NI 43-101 report must include following 27 subjects: 1. Summary 10. Drilling 19. Market Study and Contracts 11. Sample Preparation, Analyses 20. Environmental Study, Permitting, 2. Introduction and Security and Social or Community Impact 3. Reliance on other Experts 12. Data Verification 21. Capital and Operating Cost 4. Property Description and 13. Mineral Processing and 22. Economic Analysis Location Metallurgical Testing 5. Accessibility, Climate, Local Resources, Infrastructure, and 14. Mineral Resource Estimate 23. Adjacent Property Physiography 24. Other Relevant Data and 6. History 15. Mineral Reserve Estimate Information 7. Geological Setting and 16. Mining Method 25. Interpretation and Conclusion Mineralisation 8. Deposit Type 17. Recovery Method 26. Recommendations 9. Exploration 18. Project Infrastructure 27. References 5