The NI 43-101 and its Importance to Mining Projects
The Canadian Securities Administrators (CSA) created the National Instrument (NI) 43-101 Technical Report to: standardize disclosure of mineral property and company information; ensure a minimum level of acceptable disclosure regulations and rules; and, to assist potential investors in understanding the information that they would be using to make a potential investment in the mineral resource industry.
Both domestic and foreign-owned companies that wish to trade on any of the Canadian Stock Exchanges must prepare and submit NI 43-101 Technical Reports on their mineral property(ies). The reports are overseen by the Canadian Securities Administrators and have been in place since 1998.
Mandin Gold Mining Sarl has approached Supreme Minerals Corporation a Canadian based mining&mineral exploration company based out of Halifax,Canada to complete the Ni-43-101 report for the concession covering 48 sq km .
Dr Willem Jacobus Smuts Director of exploration and mining for Supreme Minerals corporation is overseeing the operation. He is a veteran geologist with a cumulative experience of 30 years in the mining industries across Africa ,Asia, Europe and America. He has completed a number of assessments and technical reports pertaining to various commodities, including Gold, using various approaches described by the National Instrument 43-101,Standards of disclosure for mineral projects, Form 43-101F1,and the companion policy document 43-101CP(NI 43 -101).
