 All capital items identified with sufficient detail for costing. Construction schedule and capital and  operating budgets defined by year. G. Environmental Compliance and Reclamation Description of environmental factors The necessary permits have been   Description of environmental  that could have a significant impact on obtained, or there is reasonable basis factors likely to prohibit the the project feasibility and possible to believe that all permits required for project proceeding, including means of mitigation. the project can be obtained in a timely contaminants in material to be manner. disturbed and deleterious elements  Progress of environmental, cultural, Description of yearly environmental likely to in products. and archeological baseline studies.  compliance methods and costs, including reclamation, bonding, and closure plan and costs. H. Social License Discussion of potential social or Social management plan and program,    Preliminary review with community related requirements and and community and other stakeholder stakeholders in exploration and plans for the project and the status of related requirements and agreements. project development negotiations or agreements with local  Consideration of Minerals” Consideration of  “Conflict “Conflict communities and other stakeholders. regulations. Minerals” regulations. Consideration of Minerals”  Sustainable development to support  Sustainable development to “Conflict  regulations. construction and operation. support exploration. Sustainable development to support  Training programs, local vendor  Formal contact with local  advanced project drilling and development plan. inhabitants. sampling. Evaluation of political risk and  Training programs.  mitigation. I. Economic Viability See Exploration Information. See Mineral Resource. 1. Product Value Description of valuable and    potentially valuable product(s) Stated reasonable assumptions Description of product to be sold.   including suitability of products to concerning likely product Discussion of whether there exists a  market.  Potential markets and ability to enter market for the product, its impact on the market. that market, and whether contracts for For minerals products where a  the sale of the product are in place or market is needed prior to Penalties likely incurred for  beginning exploration, a expected to be obtained. contaminants and conversely,
 All capital items identified with sufficient detail for costing.  Construction schedule and capital and operating budgets defined by year. G. Environmental Compliance and Reclamation  Description of environmental factors likely to prohibit the project proceeding, including contaminants in material to be disturbed and deleterious elements likely to in products.  Description of environmental factors that could have a significant impact on the project feasibility and possible means of mitigation.  Progress of environmental, cultural, and archeological baseline studies.  The necessary permits have been obtained, or there is reasonable basis to believe that all permits required for the project can be obtained in a timely manner.  Description of yearly environmental compliance methods and costs, including reclamation, bonding, and closure plan and costs. H. Social License  Preliminary review with stakeholders in exploration and project development  Consideration of “Conflict Minerals” regulations.  Sustainable development to support exploration.  Formal contact with local inhabitants.  Discussion of potential social or community related requirements and plans for the project and the status of negotiations or agreements with local communities and other stakeholders.  Consideration of “Conflict Minerals” regulations.  Sustainable development to support advanced project drilling and sampling.  Training programs.  Social management plan and program, and community and other stakeholder related requirements and agreements.  Consideration of “Conflict Minerals” regulations.  Sustainable development to support construction and operation.  Training programs, local vendor development plan.  Evaluation of political risk and mitigation. I. Economic Viability 1. Product Value  Description of valuable and potentially valuable product(s) including suitability of products to market.  For minerals products where a market is needed prior to beginning exploration, a  See Exploration Information.  Stated reasonable assumptions concerning likely product  Potential markets and ability to enter the market.  Penalties likely incurred for contaminants and conversely,  See Mineral Resource.  Description of product to be sold.  Discussion of whether there exists a market for the product, its impact on that market, and whether contracts for the sale of the product are in place or expected to be obtained.
SME_Guide_20Aug2017.docx