Mining 101:Resource vs. Reserve ... . Mickey Fu
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Posted On: 03/11/2012 7:18:13 PM
Mining 101:Resource vs. Reserve ...
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Mickey Fulp of http://www.MercenaryGeologist.com explains the fundamental difference between a resource and a reserve.
From Wiki:
Mineral resources are potentially valuable, and for which reasonable prospects exist for eventual economic extraction.
Mineral reserves are valuable and legally and economically and technically feasible to extract.
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