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Defintions

General information
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Definitions:

  • Deposit resources („geological resources" = anticipated economic resources and anticipated sub-economic resources) – total resources of mineral commodity/commodities within the deposit boundaries.

  • The limit values of the parameters that defines the deposit – values of deposit parameters delineating the deposit geological boundaries.

  • Anticipated economic resources („balance resources”) - deposit resources (or part of deposit) meeting the limit values of the parameters that defines the deposit.

  • Anticipated sub-economic resources („sub-balance resources”) - deposit resources (or part of deposit) not meeting the limit values of the parameters that defines the deposit.

  • Economic resources in place ("industrial resources") - part of anticipated economic resources or anticipated sub-economic resources or – in case of brines, curative and thermal water – exploitable resources, within the designed mining area or detached part of the deposit designed for exploitation, which can be designed for mining according to detailed technical and economical analysis taking into account law requirements, including environmental restraints.

  • Sub-economic (marginal) resources („not industrial resources”) – part of anticipated economic resources not-classified as economic resources within the area designed for exploitation, which can be designed for mining as a result of technical or economical or law requirements changes, including environmental restraints.

  • Exploitable resources - crude oil or natural gas resources, which are supposed to be extracted by applying current exploitation technology.

According to the Regulation of the Minister of the Environment of the 1st of July 2015 on the geological documentation of a raw material deposit, excluding a hydrocarbon field (number of Polish act: Dz. U. poz. 987), the Regulation of the Minister of the Environment of the 10th of July 2015 on the geological-investment documentation of a hydrocarbon field(number of Polish act: Dz. U. poz. 968) and the Regulation of the Minister of the Environment of the 24th of April 2012 on the detailed requirements for deposit development plans (number of Polish act: Dz. U. poz. 511)