|
Reserves
and Resources:
Definitions *
Non-renewables such as minerals. |
|
| Reserves: | Identified deposits which can be recoverable and sold at current market prices. |
| Resources: | Potentially valuable deposits, including hypothetical or undiscovered deposits, including those available at much greater than current market prices |
| Identified | Undiscovered | ||
|---|---|---|---|
| Known Districts | Undiscovered Districts | ||
| Economic | Reserves | Hypothetic Resources | Speculative Resources |
| Marginally Economic | Marginal Reserves | ||
| Subconomic | Subconomic Resources | ||
| * Source: Murck, Skinner, and Porter (1996) Environmental Geology, p. 326. | |||