What is the JORC Code?
As a minerals exploration and development company, Akobo Minerals applies the principles of the JORC Code (2012 edition), the globally recognised standard for public reporting of exploration results, Mineral Resources and Ore Reserves.
The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”) is a professional code of practice that establishes minimum standards for transparency, materiality and competence in public reporting. It is designed to ensure that information provided to investors and other stakeholders is clear, balanced and based on sound technical work.
Public reports prepared in accordance with the JORC Code include disclosures made through annual and quarterly reports, press releases, information memoranda, technical reports, website content and public presentations.
The JORC Code is issued and maintained by the Australasian Joint Ore Reserves Committee (JORC), which is responsible for its development and periodic updates. JORC is a member of CRIRSCO (the Committee for Mineral Reserves International Reporting Standards) and works closely with other international reporting organisations to promote consistency and best practice in mineral reporting worldwide.
Akobo Minerals’ Mineral Resource estimates are prepared and reported in accordance with the JORC Code by independent Competent Persons, as defined by the Code.
Jorc Table 1
