New Talisman Commences Mining Activities

1

New Talisman Gold Mines
Limited

Responsible,
Environmentally
Sustainable Mining

ASX/NZX Code NTL
____________________

Commodity Exposure
GOLD and SILVER

Board

Charbel Nader Chairman/Independent Director
Matthew Hill Chief Executive/ Managing
Director
Murray Stevens Non-Executive Director
Tony Haworth Independent Director
Jane Bell Company Secretary

Management
Wayne Chowles Chief Operating Officer
Ash Clarke Chief Financial Officer


Capital Structure
Ordinary Shares at 19/09/2018
2,157m

Share Price
Share Price at 19/09/2018 (NZX) 1.5cps
Share Price at 19/09/2018 (ASX) 1.4cps



New Talisman Gold Mines Limited
ACN
Address 541 Parnell Rd, Parnell,
Auckland
Phone +64 27 5557737
Website www.newtalisman.co.nz

Email info@newtalisman.co.nz

Market Announcement
For Immediate Release
HIGHLIGHTS
• Traffic management Plan approved;
• Activities under resource consent commenced
• Extraction of 5 Tonnes from face of Mystery vein
complete;
• Sampling demonstrates extensions of the high-grade
gold mineralisation
• Main fan, control room and generator commissioned
• Underground machinery on site and commencing work
• Ore Transport to commence
The board of New Talisman Gold Mines is delighted to announce it has officially
commenced its consented mining activities under the resource consent granted
in 2013.
The first activities under the resource consent excavated 5 tonnes of ore from
face of the Mystery vein and extended the face of the drive by a meter. Results
of sampling of the muckpile demonstrate the presence of high-grade ore up to
24g/t gold.
CEO Matthew Hill said “It is hoped that excavation deeper into Mystery over the
will provide further confidence as to the extent of the Mystery vein. The long-
held belief that the Mystery vein continues in line with the main vein system
provides the potential for a significant uplift in resources and ultimately
reserves.”
The company is pleased to also announce that the Traffic Management Plan
(TMP) has been approved by the Hauraki District Council. Implementation of this
TMP allows the company to:
• Commence mining activities underground at its Talisman mining
operation;
• Extract ore from the Mystery and Maria Veins by drilling and blasting;
and
• Convey this material to the surface of the mine and transport the ore
from site to a processing facility.
The consent allows up to 20,000 cubic metres per annum of ore to be extracted.

NEW TALISMAN COMMENCES MINING ACTIVITIES

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Figure 1 - Mineworkers at the northern face of the Mystery Drive
Extraction commencing at Mystery
Extraction activities exposed a further 1.0m along the strike of the vein and four representative grab
samples of wall rock and vein material were taken from the excavated muck pile. These samples were
independently analysed for gold and silver content at the SGS laboratory in Waihi. The results for each
sample are tabulated as follows.
Sample No Gold g/t Silver g/t
46437 24.00 20
46438 0.21 20
46439 4.46 9
46440 0.10 5

These results are in line with expectations and consistent with the range of grades in this section of the
Mystery Vein and is in the same area where recent check sampling of ore exposed at the drive face yielded
grades of up to 40 g/t Au as announced to the market on 31 March 2018 (please see
https://www.asx.com.au/asxpdf/20180508/pdf/43tvlpmv420f4f.pdf )
While considerably more work is
required to understand the full extent of this highly prospective vein system these results are encouraging
and represent a very positive first step in this
process.
The Mystery vein system occurs approximately
midway between the substantial Maria and
Crown veins. The vein was discovered in the
1980’s while developing a cross cut to connect
the Talisman No 8 Level with the adjacent
Crown Mine No 5a Level. The vein has been
exposed over a strike length of approximately
100m and its geological positioning suggests
that it may be an extension of the vein mined in
the historic Roderick Dhu workings some 500m
away on
Figure 2:- Blast at face of Mystery vein

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strike. The current estimate of mineral resources in the Mystery vein, reported in compliance with the 2004
JORC Code are tabulated below. Further details are presented in the original resource estimate report at
https://www.asx.com.au/asxpdf/20050511/pdf/3qtz8sdcqlll2.pdf
.
Upgrading of this mineral resource estimate to comply with JORC 2012 reporting standards is currently
underway and will include new information gained from current activities.

Should the Mystery prove to be as extensive as postulated it may prove to be similar to the Maria Vein, the
main vein exploited at the historical Talisman Mine and from which more than 3 million ounces of bullion
was produced over the mines 23-year life.
Infrastructure Installation
As set out in the Chairman’s address of 12 September 2018, NTL are pleased to report that the main fan has
arrived on site and has been installed in position above the airlock. This fan, fitted with world leading
silencing equipment to reduce noise emissions to conversational level, is capable of forcing 20m
3
/s of air
through the workings. This will ensure that a healthy respirable atmosphere is maintained while up to three
diesel powered loaders are deployed underground. A silenced 250kva generator is on site to provide power
to the fan and commissioning of the system is underway.

Figure 2 - Main Fan in position above the airlock
Mystery
CategoryTonnesAueq g/tOunces
Measured9,200 6.41,900
indicated12,100 6.52,530
inferred30,900 6.46,420
Total resources52,200 6.510,840

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Figure 3 - Generator and control panels in place at the Talisman Mine site
Commissioning of this system presents a very exciting development of the project and will significantly
enhance the projects operational capability.
Extraction
Commencement of extraction activities on the Mystery vein will continue in full swing. The commissioning
of the ventilation system allows the company to utilize diesel machinery underground which will focus on
reopening of the high-grade Dubbo Zone and transportation of ore to the Company’s pilot processing plant
which will be commissioned in the following months.
Work on reopening the Dubbo Zone has commenced which, once completed, will allow access to the high-
grade areas identified by borehole BM37 which assayed 656 g/t Au over 1.8m including 1154 g/t Au over
1.0m.
Chairman Charbel Nader stated “This is a significant occasion for the company and the community. We
have proven that our activities are beneficial to the community and have no material impact on the
environment. . Our footprint at surface of the less than .25ha pad, and despite the area we operate in being
a highly modified area which has been home to mining activities for a long time we have employed best
practice to ensure its continued improvement. Our above surface presence is now as developed as our
mine requires. We are grateful to the community for the support and encouragement as we expand
employment and tourism opportunities in the area.
Competent Persons Statement
The information in this report that relates to exploration results, exploration targets and mineral resources is based on
information compiled by Mr. Wayne Chowles. Mr. Chowles is the Chief Operating Officer of New Talisman Gold Mines
Ltd, who is a corporate member of the AusIMM. Mr. Chowles has sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent
Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves”.
Mr. Chowles consents to the inclusion in this report of the matters based on his information in the form and context in
which it appears.

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About New Talisman Gold Mines Ltd
New Talisman Gold is a dual listed (NZSX & ASX: NTL) with over 2250 shareholders who are mainly from Australia and
New Zealand and has been listed since 1986. It is a leading New Zealand minerals development and exploration
company with a mining permit encompassing the Talisman mine, one of New Zealand’s historically most productive
gold mines. The company has commenced prospecting and upgrading activities at the mine and advance the
exploration project to increase its considerable global exploration target into JORC 2012 resources.

Its gold properties near Paeroa in the Hauraki District of New Zealand are a granted mining permit, including one of
New Zealand’s highest-grade underground gold mines, a JORC 2012 compliant mineral resource of over 469,000
ounces AuEq at an average above 15 g/t AuEq and a JORC compliant reserve statement. The Company owns 100% of
the Rahu exploration permit, which lies along strike from the Talisman mine of which 80% was recently acquired from
Newcrest Mining. The company will shortly commence exploration activities at Rahu.

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JORC CODE, 2012 EDITION – TABLE 1
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
Criteria JORC Code explanation Commentary
Sampling
techniques
• Nature and quality of sampling (eg cut channels, random chips, or
specific specialised industry standard measurement tools appropriate
to the minerals under investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc). These examples should
not be taken as limiting the broad meaning of sampling.
• Include reference to measures taken to ensure sample representivity
and the appropriate calibration of any measurement tools or systems
used.
• Aspects of the determination of mineralisation that are Material to the
Public Report.
• In cases where ‘industry standard’ work has been done this would be
relatively simple (eg ‘reverse circulation drilling was used to obtain 1
m samples from which 3 kg was pulverised
to produce a 30 g charge
for fire assay’). In other cases more explanation may be required,
such as where there is coarse gold that has inherent sampling
problems. Unusual commodities or mineralisation types (eg
submarine nodules) may warrant disclosure of detailed information.
• Grab samples were taken from the muckpile of recently excavated
ore. A 2.0 x 2.0m grid was imposed on the muckpile and four samples
taken, one at each grid intersection point.
• To ensure representivity, care was taken to ensure equal-mass of the
grab samples of approximately 5kg each.

Drilling
techniques
• Drill type (eg core, reverse circulation, open-hole hammer, rotary air
blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple
or standard tube, depth of diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by what method, etc).
• Not applicable to this release
Drill sample
recovery
• Method of recording and assessing core and chip sample recoveries
and results assessed.
Measures taken to maximise sample recovery and ensure
representative nature of the samples.
• Whether a relationship exists between sample recovery and grade
and whether sample bias may have occurred due to preferential
loss/gain of fine/coarse material.
• Not applicable to this release

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Criteria JORC Code explanation Commentary
Logging
• Whether core and chip samples have been geologically and
geotechnically logged to a level of detail to support appropriate
Mineral Resource estimation, mining studies and metallurgical
studies.
• Whether logging is qualitative or quantitative in nature. Core (or
costean, channel, etc) photography.
• The total length and percentage of the relevant intersections logged.
• Geological mapping, of structures, lithology and mineralization, was
undertaken by experienced field geologists and senior geologists.

Sub-sampling
techniques
and sample
preparation
• If core, whether cut or sawn and whether quarter, half or all core
taken.
• If non-core, whether riffled, tube sampled, rotary split, etc and
whether sampled wet or dry.
• For all sample types, the nature, quality and appropriateness of the
sample preparation technique.
• Quality control procedures adopted for all sub-sampling stages to
maximise representivity of samples.
• Measures taken to ensure that the sampling is representative of the
in-situ material collected, including for instance results for field
duplicate/second-half sampling.
• Whether sample sizes are appropriate to the grain size of the material
being sampled.
• Samples were dried, crushed and rotary split at SGS Waihi to ensure
representivity.
• Samples were pulverized to 75 micron in an LM2 before subsampling
for fire assay.

Quality of
assay data
and
laboratory
tests
• The nature, quality and appropriateness of the assaying and
laboratory procedures used and whether the technique is considered
partial or total.
• For geophysical tools, spectrometers, handheld XRF instruments, etc,
the parameters used in determining the analysis including instrument
make and model, reading times, calibrations factors applied and their
derivation, etc.
• Nature of quality control procedures adopted (eg standards, blanks,
duplicates, external laboratory checks) and whether acceptable levels
of accuracy (ie lack of bias) and precision have been established.

• NTL used SGS in Waihi, a certified assay laboratory, using their
standard sample preparation and analytical procedures and internal
quality control procedures. All gold assays used a 30g charge fire
assay with AAS finish and a detection limit of 0.01ppm. This is a total
assay technique and considered appropriate.
• SGS Waihi inserted blanks and certified standards, repeats of higher
grade samples and screening to test pulverized sample met the size
fraction requirements.


Verification
of sampling
• The verification of significant intersections by either independent or
alternative company personnel.
• The use of twinned holes.
• Documentation of primary data, data entry procedures, data
• SGS repeated assays on 2 of the 4 samples. The blank sample was
inserted and came back below detection indicating no contamination
and appropriate mill cleaning between samples.

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Criteria JORC Code explanation Commentary
and assaying
verification, data storage (physical and electronic) protocols.
• Discuss any adjustment to assay data.
Location of
data points
• Accuracy and quality of surveys used to locate drill holes (collar and
down-hole surveys), trenches, mine workings and other locations
used in Mineral Resource estimation.
• Specification of the grid system used.
• Quality and adequacy of topographic control.
• A levelling exercise was initially conducted in 8 Level for survey
control with a datum established outside No8 Level.
• All samples were surveyed to ensure proper XYZ control for
modelling purposes.
• .Grid system used historically was Mt Eden Circuit.
• NTL used NZMG(1949) and converted all earlier data to this grid
system.
• Topographic and survey control is considered adequate for the
purpose that the data is being used.
Data spacing
and
distribution
• Data spacing for reporting of Exploration Results.
• Whether the data spacing and distribution is sufficient to establish the
degree of geological and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s) and
classifications applied.
• Whether sample compositing has been applied.
• NA
• NA
• NA
Orientation of
data in
relation to
geological
structure
• Whether the orientation of sampling achieves unbiased sampling of
possible structures and the extent to which this is known, considering
the deposit type.
• If the relationship between the drilling orientation and the orientation
of key mineralised structures is considered to have introduced a
sampling bias, this should be assessed and reported if material.
• Samples were taken at the intersection points of a 2.0m x 2.0m grid
superimposed on the muckpile
• NA
Sample
security
• The measures taken to ensure sample security. • Samples were collected by NTL personnel, packed in site and
transported directly to the SGS Laboratory in Waihi.
Audits or
reviews
• The results of any audits or reviews of sampling techniques and data. • NA

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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
• Type, reference name/number, location and ownership including
agreements or material issues with third parties such as joint
ventures, partnerships, overriding royalties, native title interests,
historical sites, wilderness or national park and environmental
settings.
• The security of the tenure held at the time of reporting along with
any known impediments to obtaining a licence to operate in the
area.
• The mine area is wholly owned by New Talisman Gold Mines Limited
under Minerals Mining Permit 51326 which was granted on 03
December 2009 for a term of 25 years and expires on 02 December
2034. The permit area is 299.2 ha and lies within the Kaimai-Mamaku
Forest Park which is Crown land administered by the Department of
Conservation.
• The Company operates under an access arrangement with the Minister
of Conservation with an authority to enter and operate.
• In addition, the Company holds a resource consent issued by the
District Council to carry out bulk sampling of up to 20,000 m
3
per
annum.
• Tenure is secure at time of reporting.
Exploration
done by other
parties
• Acknowledgment and appraisal of exploration by other parties. • The Talisman permit area was held as a mining license by NZ
Goldfields and predecessors from 1971 to 1992. During this time, they
focused on small scale production from 8 level but also completed
substantial surface and underground exploration in their own right.
They had a number of joint venture partners during the term including,
Homestake Mines, Cyprus Mines Corporation, ACM Minerals, and
Waihi Gold. Cyprus Mines did the most extensive work driving around
300m further along 8 Level from historic workings and completing 51
drill holes. In 1991 NZ Goldfields went into voluntary liquidation and the
mining license was bought by two former directors who formed a
private company known as Southern Gold just prior to the mining
license expiring.
Geology
• Deposit type, geological setting and style of mineralisation. • The Karangahake mineral deposit is a low-sulphidation epithermal gold
silver vein system with an overall strike length of around 4km of which
approx. 1.5km lies within the NTL mining permit. The deposit
comprises several major veins, the most significant of which are the
Maria Vein in which the Talisman Mine is developed and the Welcome-
Crown Veins. Historic mining has exploited the deposit for around 1km
along strike and up to 700m from surface outcrop to the deepest 16

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Criteria JORC Code explanation Commentary
level. Fluid inclusion studies suggest the current highest level of
exposure has seen 300m of erosion from the paleosurface.
Drill hole
Information
• A summary of all information material to the understanding of the
exploration results including a tabulation of the following
information for all Material drill holes:
o easting and northing of the drill hole collar
o elevation or RL (Reduced Level – elevation above sea level in
metres) of the drill hole collar
o dip and azimuth of the hole
o down hole length and interception depth
o hole length.
• If the exclusion of this information is justified on the basis that the
information is not Material and this exclusion does not detract
from the understanding of the report, the Competent Person
should clearly explain why this is the case.
Not applicable to this release



Data
aggregation
methods
• In reporting Exploration Results, weighting averaging techniques,
maximum and/or minimum grade truncations (eg cutting of high
grades) and cut-off grades are usually Material and should be
stated.
• Where aggregate intercepts incorporate short lengths of high
grade results and longer lengths of low grade results, the
procedure used for such aggregation should be stated and some
typical examples of such aggregations should be shown in detail.
• The assumptions used for any reporting of metal equivalent
values should be clearly stated.
Not applicable to this release
Relationship
between
mineralisatio
n widths and
intercept
lengths
• These relationships are particularly important in the reporting of
Exploration Results.
• If the geometry of the mineralisation with respect to the drill hole
angle is known, its nature should be reported.
• If it is not known and only the down hole lengths are reported,
there should be a clear statement to this effect (eg ‘down hole
length, true width not known’).
• Not applicable to this release

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Criteria JORC Code explanation Commentary
Diagrams
• Appropriate maps and sections (with scales) and tabulations of
intercepts should be included for any significant discovery being
reported These should include, but not be limited to a plan view
of drill hole collar locations and appropriate sectional views.
• Not applicable to this release
Balanced
reporting
• Where comprehensive reporting of all Exploration Results is not
practicable, representative reporting of both low and high grades
and/or widths should be practiced to avoid misleading reporting
of Exploration Results.
• Not applicable to this release
Other
substantive
exploration
data
• Other exploration data, if meaningful and material, should be
reported including (but not limited to): geological observations;
geophysical survey results; geochemical survey results; bulk
samples – size and method of treatment; metallurgical test
results; bulk density, groundwater, geotechnical and rock
characteristics; potential deleterious or contaminating
substances.
• Not applicable to this release
Further work
• The nature and scale of planned further work (eg tests for lateral
extensions or depth extensions or large-scale step-out drilling).
• Diagrams clearly highlighting the areas of possible extensions,
including the main geological interpretations and future drilling
areas, provided this information is not commercially sensitive.
• Further drill testing and channel sampling to increase the resource is
planned. This will involve underground drilling and sampling drives
during the bulk sampling programme. This will be part of the feasibility
programme that has been initiated with mine support and infrastructure
being established currently.
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)
Cr iteria JORC Code explanation Commentary
Database
integrity
• Measures taken to ensure that data has not been corrupted by, for
example, transcription or keying errors, between its initial collection
and its use for Mineral Resource estimation purposes.
• Data validation procedures used.
• Not applicable to this release
Site visits
• Comment on any site visits undertaken by the Competent Person and
the outcome of those visits.
• If no site visits have been undertaken indicate why this is the case.
• Mr Chowles has been the General Manager of operations since 2012
and is the author of the reserves statements and prefeasibility studies
He is currently implementing the bulk sampling programme at the

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Cr iteria JORC Code explanation Commentary
mine and is very familiar with all aspects of the project.
Geological
interpretation
• Confidence in (or conversely, the uncertainty of ) the geological
interpretation of the mineral deposit.
• Nature of the data used and of any assumptions made.
• The effect, if any, of alternative interpretations on Mineral Resource
estimation.
• The use of geology in guiding and controlling Mineral Resource
estimation.
• The factors affecting continuity both of grade and geology.
• Not Applicable to this release

Dimensions
• The extent and variability of the Mineral Resource expressed as
length (along strike or otherwise), plan width, and depth below
surface to the upper and lower limits of the Mineral Resource.
• Not applicable to this release

Estimation
and
modelling
techniques
• The nature and appropriateness of the estimation technique(s)
applied and key assumptions, including treatment of extreme grade
values, domaining, interpolation parameters and maximum distance
of extrapolation from data points. If a computer assisted estimation
method was chosen include a description of computer software and
parameters used.
• The availability of check estimates, previous estimates and/or mine
production records and whether the Mineral Resource estimate takes
appropriate account of such data.
• The assumptions made regarding recovery of by-products.
• Estimation of deleterious elements or other non-grade variables of
economic significance (eg sulphur for acid mine drainage
characterisation).
• In the case of block model interpolation, the block size in relation to
the average sample spacing and the search employed.
• Any assumptions behind modelling of selective mining units.
• Any assumptions about correlation between variables.
• Description of how the geological interpretation was used to control
the resource estimates.
• Discussion of basis for using or not using grade cutting or capping.
• The process of validation, the checking process used, the comparison
of model data to drill hole data, and use of reconciliation data if
• Not Applicable to this release

13
Cr iteria JORC Code explanation Commentary
available.
Moisture
• Whether the tonnages are estimated on a dry basis or with natural
moisture, and the method of determination of the moisture content.
• Not Applicable to this release
Cut-off
parameters
• The basis of the adopted cut-off grade(s) or quality parameters
applied.
•
Mining
factors or
assumptions
• Assumptions made regarding possible mining methods, minimum
mining dimensions and internal (or, if applicable, external) mining
dilution. It is always necessary as part of the process of determining
reasonable prospects for eventual economic extraction to consider
potential mining methods, but the assumptions made regarding
mining methods and parameters when estimating Mineral Resources
may not always be rigorous. Where this is the case, this should be
reported with an explanation of the basis of the mining assumptions
made.
• .Not Applicable to this release

Metallurgical
factors or
assumptions
• The basis for assumptions or predictions regarding metallurgical
amenability. It is always necessary as part of the process of
determining reasonable prospects for eventual economic extraction to
consider potential metallurgical methods, but the assumptions
regarding metallurgical treatment processes and parameters made
when reporting Mineral Resources may not always be rigorous.
Where this is the case, this should be reported with an explanation of
the basis of the metallurgical assumptions made.
• Detailed metallurgical studies to date show that expected recoveries
are likely to equal or exceed 94%.
• The deposit is typical of the low sulphidation deposits in the Waihi
Gold District which are by and large amenable to direct cyanidation,
gravity separation of free gold and/or flotation concentrate
cyanidation.
• There is no evidence at this stage of any deleterious minerals that
would impact on processing.
• The testwork in this release serves to confirm these assumptions
Environmen-
tal factors or
assumptions
• Assumptions made regarding possible waste and process residue
disposal options. It is always necessary as part of the process of
determining reasonable prospects for eventual economic extraction to
consider the potential environmental impacts of the mining and
processing operation. While at this stage the determination of
potential environmental impacts, particularly for a greenfields project,
may not always be well advanced, the status of early consideration of
these potential environmental impacts should be reported. Where
these aspects have not been considered this should be reported with
an explanation of the environmental assumptions made.
• The deposit lies on DOC land under MP51326 granted to New
Talisman Gold Mines Ltd.
• Consents for bulk sampling up to 20,000m
3
/annum have been
granted for an initial 2 year period once bulk sampling commences.
• The local authorities have consented small and large scale mining
projects in the District over the last 25 years including NTL’s Talisman
project in 2013.
• Provided the Company prepares sufficient environmental data to back
up any development proposal it will be dealt with by the authorities on
its merits.

14
Cr iteria JORC Code explanation Commentary
Bulk density
• Whether assumed or determined. If assumed, the basis for the
assumptions. If determined, the method used, whether wet or dry, the
frequency of the measurements, the nature, size and
representativeness of the samples.
• The bulk density for bulk material must have been measured by
methods that adequately account for void spaces (vugs, porosity,
etc), moisture and differences between rock and alteration zones
within the deposit.
• Discuss assumptions for bulk density estimates used in the
evaluation process of the different materials.
Not applicable to this release
Classification
• The basis for the classification of the Mineral Resources into varying
confidence categories.
• Whether appropriate account has been taken of all relevant factors (ie
relative confidence in tonnage/grade estimations, reliability of input
data, confidence in continuity of geology and metal values, quality,
quantity and distribution of the data).
• Whether the result appropriately reflects the Competent Person’s
view of the deposit.
• Not applicable to this release
Audits or
reviews
• The results of any audits or reviews of Mineral Resource estimates. • Not applicable to this release
Discussion of
relative
accuracy/
confidence
• Where appropriate a statement of the relative accuracy and
confidence level in the Mineral Resource estimate using an approach
or procedure deemed appropriate by the Competent Person. For
example, the application of statistical or geostatistical procedures to
quantify the relative accuracy of the resource within stated confidence
limits, or, if such an approach is not deemed appropriate, a qualitative
discussion of the factors that could affect the relative accuracy and
confidence of the estimate.
• The statement should specify whether it relates to global or local
estimates, and, if local, state the relevant tonnages, which should be
relevant to technical and economic evaluation. Documentation should
include assumptions made and the procedures used.
• These statements of relative accuracy and confidence of the estimate
should be compared with production data, where available.
• Not applicable to this release

15