Part Additional Australian Defined Terms - AASB 6 - Exploration for and Evaluation of Mineral Resources - December 2004 - Additional Australian Defined Terms | Zoe

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AASB 6 - Exploration for and Evaluation of Mineral Resources - December 2004

Additional Australian Defined TermsAdditional Australian Defined Terms

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Additional Australian Defined Terms

area of interest	An individual geological area which is considered to constitute a favourable environment for the presence of a mineral deposit or an oil or natural gas field, or has been proved to contain such a deposit or field.
economically recoverable reserves	The estimated quantity of product in an area of interest that can be expected to be profitably extracted, processed and sold under current and foreseeable economic conditions.