The document outlines the establishment and objectives of the Exploration and Mining (EM) Business Reference Model under the Exploration, Mining, Metals and Minerals Vertical (EMMMV) during the Canada 2010 Mine Planning Conference. It emphasizes the importance of collaboration in achieving sustainable business value and details the reference model's core processes, deliverables, and future phase aspirations. The document calls for industry participation to influence standard reference models and optimize investment in the exploration and mining sectors.