Mongolian Code for the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves (The MRC Code) / Монгольский кодекс публичной отчетности о результатах геологоразведочных работ, минеральных ресурсах и запасах полезных ископаемых

The Mongolian Code for the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves (hereinafter referred to the MRC Code) has been prepared by the Mongolian Mineral Resources and Reserves Committee (MRC) of the Mongolian Professional Institute of Geosciences and Mining (MPIGM) with participation of the Committee for Mineral Reserves International Reporting Standards (CRIRSCO) and Mongolian State Professional Committee on Mineral Resources (MSPCMR).

The MRC Code sets minimum requirements for Public Reporting by Mongolian mining and exploration companies (hereinafter referred to as Companies). The MRC Code has been developed in accordance with general criteria adopted by the world mining community (Australasia, Canada, South Africa, USA, Chile, Europe and Russia), taking into account the Mongolian State system of Mineral Reserve and Mineral Resources classification system and its User’s Guide. <...>