Feb 17, 2021

More time to have a say on JORC Code update

More time to have a say on  JORC Code update

The deadline has been extended for online feedback on the planned update this year of the Joint Ore Reserves Committee (JORC) Code.

JORC Committee chair Steve Hunt confirmed that the closing date for submissions had been extended from February 12 to February 21.

“The JORC survey has been open since early December and has had an excellent response from members and broader industry,” he said.

“There are however a significant number of partly completed responses in the system that remain to be finalised.”

For those who have partly completed the survey, this can be resumed by using the same link and device used to start the response.

Those who completed only the sections of the survey that were of high interest and do not wish to add further comment are advised to finalise their submission by skipping to the end of the survey and clicking on ‘submit’.

The JORC Code is the professional code of practice that sets minimum standards for public reporting of minerals exploration results, resources and reserves.

The Australian Institute of Geoscientists in an online news update this week urged members to make the most of the opportunity to have their say.

The JORC Committee was also especially interested to hear from users of JORC (and VALMIN) reports: analysts, investment advisors and government agencies involved in exploration and mineral resource development, the AIG said.

Submissions are open online at  http://www.jorc.org/code-update.asp.

The survey will be followed by a summary issues paper, with further industry feedback to be sought before finalisation of the updated code.

Meanwhile the AIG Queensland Branch will tomorrow (Thursday, February 18) hold a Zoom webinar on the JORC Code update.

The forum is intended to facilitate discussions and provide an opportunity for participants to express views for consideration by others.

The panel will include Mark Berry (consultant, developer and presenter of AIG’s JORC Education Program), Graham Jeffress (AIG JORC Representative), Steve Hunt, (Chair, JORC) and Andrew Waltho (President, AIG).

It starts at 3pm Queensland time.