SHORT COURSES

Level: Introductory

Facilitators: Sally Gillies & Daniel Lefebvre, Ausenco

NI 43-101 has dominated technical disclosure in Canada for over 20 years, and in 2022, the US came out with their own updated version of rules for technical disclosure under Regulation S-K 1300. However, despite over 2 decades of technical disclosure rules in North America, companies, engineers and geoscientists still find themselves producing technical disclosure which may be flagged by regulators as being non-compliant. Satisfying technical disclosure requirements, particularly when producing technical reports, begins long before the regulators conduct any review. Many problems stem from a lack of understanding and motivations of all the stakeholders in the technical disclosure ecosystem.

This is a course aimed at exploration and mining companies responsible for technical disclosure, as well as well as the engineers and geoscientists who create and QP content for technical disclosure. Topics covered include the basic disclosure requirements under NI 43-101 and S-K 1300 (and the differences), the evolving data requirements as reports advance from an exploration property through initial mineral resource estimate to a feasibility study, who reviews the reports and why, identifying and overcoming challenges in technical report generation, and common errors and mistakes that create the chasm between company expectations and regulatory requirements.

Short Course Objectives:

1. Learn how to love disclosing technical information by understanding the difference between good and bad disclosure
2. Grasp who is responsible for technical disclosure and how that impacts companies and QP’s
3. Find out who will review technical disclosure, what they are looking for and triggers for reviews
4. Appreciate the similarities and differences between technical disclosure requirements of Canada vs the USA
5. Recognise and overcome challenges at the beginning, during and finalising technical reports
6. Gain insight into the contributing factors and quality of disclosure at different levels of technical reports as they advance from a mineral exploration property through to feasibility study
7. Understand the key areas where errors in disclosure can happen – and how to avoid them

Target Audience:

Exploration geoscientists, process engineers, environmental scientists, mine engineers, qualified persons, project engineers, junior engineers or geoscientists

About the instructors:

Sally is a Professional Geologist with over 25 years international experience in the mining industry. She has extensive experience in the exploration and development of precious and base metals in a variety of terrains, including orogenic and epithermal precious metals, polymetallic porphyries and Precambrian nickel and uranium deposits. Sally has also helped companies understand their regulatory technical compliance obligations and reviewed over 1500 technical report for compliance with NI 43-101, while working at the TSX Venture Exchange. Currently, Sally works at Ausenco, advising technical report stakeholders on all aspects of NI 43-101, S-K 1300 and JORC.

Daniel is a Study Manger with more than 29 years of experience with a background that encompasses fabrication, engineering and construction and vast knowledge of EPCM and EPC work. He has worked on an owner’s team, contractor’s team and as part of a large engineering and construction management teams. In his career, Daniel has gained a wide range of knowledge and experience in varied disciplines including working on projects ranging from multi-billion-dollar to less than one million in value. Over the years he managed projects in fabrication, construction and engineering. His experience ensures a solid understanding of stakeholder interests and of all the elements key to a project’s success. He has developed and managed contracts, schedules and budgets with strict change management, but most importantly managed teams to find innovative solutions for project success.