UMREK CODED REPORTS

A scope study is a study conducted on a scale that can show the magnitude of the potential applicability of Mineral Resources in a technical and economic sense. It includes appropriate assessments of fair default transformative factors and other relevant operational factors that indicate that the progress of the Pre-Feasibility Study required to be demonstrated during reporting may be reasonably accurate.

 

Pre-Feasibility Study (Pre-Feasibility Study), the mining method to be preferred (underground mining, open January management or a specific management method, etc.b.) and a comprehensive study of the technical and economic viability of a mine project that will be developed to a specific stage through the ore processing process. It includes financial analysis to determine whether all or part of the Mineral Resource can be converted into Mineral Reserves at the time of reporting, based on reasonable estimates of transformative factors and an assessment of other relevant factors that may be sufficient for the Competent Person.

 

Mining project feasibility study is a comprehensive technical and economic studies for the development of the selected profile factors and other relevant operational factors and detailed assessments of the Transducer can be applied, reporting eventual economic extraction that are required to be shown instantly includes a detailed financial analysis for support purposes. The results of the feasibility study may reasonably be useful in forming the basis for the final decision that an investor or financial institution will make regarding the continuation or development of the mine project.