
Estimated Resources and Reserves (ECRR)
The estimation of resources and reserves refers to the calculation of how much material is in the mining title and how much material can be extracted in an economically profitable way. If you want to know more about these concepts, you can read our article about Resources and Reserves .
Mining owners are required to submit a resource and reserve report to the National Mining Agency (ANM). This estimate must be prepared in accordance with the CRIRSCO guidelines and the Colombian Standard for Mineral Resources and Reserves (ECRR).
At GEOLANEL SAS we provide the service of preparing resource and reserve estimates with guaranteed approval by the ANM. In addition, as an additional benefit, we offer the service of promoting mining titles in case the client wishes to sell or attract investors to develop their mining project.