NAC362.008. “Mineral reserves” defined.

Latest version.

“Mineral reserves” means the portion of a measured or indicated mineral resource that has been analytically determined to justify mining, taking into account, at the time of that determination, any mining, metallurgical, marketing, legal, environmental, social, economic and other conditions which apply to that determination.

(Added to NAC by Tax Comm’n by R058-11, 12-30-2011, eff. 1-1-2012)

                    
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