CIM Exploration best Practices Guidelines (2000)

"These guidelines have been prepared to assist the Qualified Person(s)in the planning and supervision of exploration programs which will be reported under National Instrument 43101. The Companion Policy of NI43101 references the guidelines and states that issuers and Qualified Persons should follow them.Exploration Best Practices GuidelinesPreamble: These guidelines have been prepared to assist the Qualified Person(s) in the planning and supervision of exploration programs which will be reported under National Instrument 43-101. Such exploration programs must be under the supervision of the Qualified Person who will be responsible and accountable for the planning, execution and interpretation of all exploration activity as well as the implementation of quality assurance programs and reporting. These guidelines are also recommended for use in the planning and execution of exploration programs which will not be reported under NI 43-101. This set of broad guidelines or ""best practices"" has been drawn up to ensure a consistently high quality of work that will maintain public confidence and assist securities regulators. The guidelines are not intended to inhibit the original thinking or application of new approaches, that are fundamental to successful mineral exploration.Results should be summarized and reported in a Technical Report of good professional quality in accordance with the National Instrument 43-101 and Form 1 contained in that instrument. All exploration work from which public reporting will ensue must be designed and carried out under the supervision of a Qualified Person (""QP""). A QP is defined in National Instrument 43-101 as an individual who is an engineer or geoscientist with at least five (5) years' experience in mineral exploration, mine development, mine operation or project assessment, has experience relevant to the subject matter of the project or report and is a member in good standing of a recognized professional association."