Print4.2.3: Examples of NI 43-101 Compliant Reports
Let’s close out this lesson by looking at some examples. These reports have to be made publicly available to investors and their agents, and in many cases, they are available electronically as well as in hard copy. Thus, you can access dozens of these reports freely on the web by doing a search for “NI 43-101”. The quality of these reports will vary. They must meet the minimum requirement of the standard, and some do so – just barely, and are of dubious quality! Some contain a lot more detail than others, i.e., some are definitely preliminary-feasibility studies, whereas others are feasibility studies. There may be times that a company has done more detailed study than it chooses to disclose in the report. That is fine, as long as the additional detail is not considered material. Basically, I am giving you notice that you will see a wide range of detail and quality in these reports that I will give you or that you may find on your own. The list below will give you a nice overview, as it contains different commodities. You’ll want to download and save these reports. You should flip through the pages to become familiar with the type of content; and from time-to-time, you should stop and read a particular section that catches your attention.
National (U.S.) Projects
- Coal: Coal 43-101 elk creek
- Metal: Metal 43-101 gold nugget
- Industrial Minerals: IM Potash 43-101 ochoa