 | |
National Instrument NI43-101 Disclosure
National Instrument 43-101, Standards of Disclosure for Mineral Projects (NI 43-101), a rule under the various provincial Securities Acts and jurisdictions represented by the Canadian Securities Administrators, came into force on February 1, 2001. NI 43-101 governs all public disclosure by mining companies and "applies to all oral statements and written disclosure of scientific or technical information, including disclosure of a mineral resource or mineral reserve, made by or on behalf of an issuer in respect of a mineral project of the issuer." In effect, NI43-101 establishes the standards for all public disclosure of scientific and technical information about a mineral project.
One of the regulation's key recommendations is the requirement for geological work to be performed under the supervision of a Qualified Person (the QP, a registered professional engineer or geologist) and the requirement for a Technical Report by the QP(s) to back up most disclosure. The QP is required to perform the work to an acceptable level of professional standards.
Under the terms of NI43-101, David Cass, M.Sc., P.Geol. is Radius' Qualified Person.
Mr. Cass has an MSc degree in Mineral Exploration and Mining Geology from the United Kingdom, and 20 years international exploration and mining industry experience. He has worked in many countries including the America's, Australia, Turkey, Iran, South Africa and Eastern Europe. His career to date has included 15 years with Anglo American, one of the world's largest mining companies, including 6 years as Anglo's Exploration Manager for North America, and 4 years managing exploration programs for gold and base metals in Peru. His broad international experience has a strong focus on intrusion-related base and precious metal mineral deposits in Central and South America. Mr. Cass is a member of the Association of Professional Engineers and Geoscientists of British Columbia, and a "Qualified Person" in accordance with National Instrument 43-101.
| |
|
