NI (National Instrument) 43-101 is a rule that governs how issuers disclose scientific and technical information about mineral projects to the public. It includes oral, written documents, and websites.

NI 43-101 Technical Report can be any of the following:

  • The first-time report on a mineral property (exploration or operating)
  • A summary of the exploration activities with inherent Quality Control/Quality Assurance on a project
  • A summary of mineral resource estimate for a property
  • Report outlining ownership of a non-operating interest in the property (Royalty)
  • A report containing results of a Preliminary Economic Assessment
  • Report on summary of the result of a Pre-Feasibility Study, depending on the complexity of the project
  • Summary of the results of a Feasibility Study on mineral property.
  • Summary of work conducted on an operating project possibly containing updated resource and reserve estimates
  • Any variation of the above