Mineral Resource Classification

Mineral resource classification is a way to categorize how much mineral material is present and how confidently we know it exists. It generally includes categories like "Measured," "Indicated," and "Inferred." "Measured" means we have detailed, reliable data confirming the quantity and quality of the resource. "Indicated" means the data is good but less precise, allowing estimation but with more uncertainty. "Inferred" is based on limited data, suggesting the presence of minerals but with less certainty. These classifications help investors and developers assess the potential value and feasibility of mining a deposit.