AKBAKAI MINERAL RESOURCE ESTIMATION
SRK was commissioned in late 2013 to produce a Mineral Resource Estimate (“MRE”) in accordance with JORC (2012). Over the years, the annually updated MRE have been used to update the Life of Mine Plans as well as to underpin financial investment.
The most recent Mineral Resource Statement, as at September 2018, reported Resources in the Measured, Indicated and Inferred categories.
In the early years of SRK’s involvement, SRK completed the geological modelling and resource estimation but, with ongoing mentorship and technical supervision, the Client team has become more proficient and has assumed the above responsibilities with SRK subsequently performing review and sign-off.
SRK has been fortunate to work with a dedicated Client team and, as a result, the technical practice, such as geological modelling, grade estimation and Quality Assurance / Quality Control, are now considered to be best practice.
