Wood is a proud exhibitor and speaker at the Society for Mining, Metallurgy & Exploration (SME) - MineXchange 2020.
Two-day short course
A Comparison of the New SEC Regulation S-K 1300 on Modernization of Property Disclosures for Mining Registrants to Canadian National Instrument 43-101
Presenter: Greg Gosson, Wood’s Technical Director, Geology & Compliance
When: Saturday Feb 22- Sunday Feb 23, 8:00am – 5:00pm
Greg Gosson, Wood’s Technical Director, Geology & Compliance, will host a two-day educational short course: A Comparison of the New SEC Regulation S-K 1300 on Modernization of Property Disclosures for Mining Registrants to Canadian National Instrument 43-101.
Greg has 35 plus years in mining industry; five years as Chief Mining Advisor of the BC Securities Commission; Led the project to revise NI 43-101 in 2005; Involved in drafting legislation on Civil Liability under BC Securities Act, and NI 51-102 Continuous Disclosure Obligations; Former chair, current member of the Mining Technical Advisory and Monitoring Committee on NI 43-101: industry advisory group to the Canadian securities regulators; Member of the PDAC Securities Committee; Member of the CIM Committee on Mineral Resources and Reserves (and Best Practices); Member of the CIM‐CSA Working Committee on NI 43-101; 12 years as Technical Director, Geology & Compliance with Wood.
Presentation - 24 Feb, 2:30-4:30PM
Mining & Exploration: Operations: Mine Planning and Optimization: What is the conversion rate of your resources and reserves?
Presenter: Edwin Peralta, Wood’s Mining & Mineral Consulting
When: Monday 24 Feb, 2:05pm
Resources to Reserves conversion factors for open pit deposits, have a relatively high percentage of the Measured and Indicated blocks converted to Proven and Probable, less so for deposits amenable only to underground mining. Discussions about Rate-of-Conversion of Resources to Reserves often in underground mining does not treat critical modifying factors carefully. To name just a few: Optimal SMU size selection allowing the best prediction of the in-situ tons and grades and the diluted head grade sent to the mill. Besides considering proper resolution of the geometry of the deposit it should consider recovery and dilution associated with the selected mining method. Over-simplification of the deposit geometry is not as much a concern of the resource geologist as it will be for the mining engineer. Breakeven cutoff determination by resource geologist may omit some operating costs (mine, mill, G&A, mine access). Costs associated that are applied with modifying factors that geologist generally does not consider that might result in overly optimistic cut-off applied to the resource estimate.
Environmental: Panel Session: Security and Exchange Commission Rules on Mineral Property Disclosures: Effective Environmental and Social Risk Coverage in Technical Reports (Reg. S-K 1300)
When: Tuesday Feb 25, 9:00am
Chair: A. Martin; Foth, DE Pere, WI
- Greg Gosson, Wood’s Technical Director, Geology & Compliance: Wood
- Moderator: Dr. Kwame Awuah-Offei of Missouri University of Science and Technology
- Jason Lehner, Attorney active in Capital markets