JORC vs NI 43-101

Going to the Wires

• Canada’s system NI 43-101 reports cleaned up the Augean Stables of resources reporting in that market and revived confidence of investors
• The Australian JORC system though has come to rule the ROW
• The Australian market had its own massive scandals in the late 1960s after which it has been relatively trouble free
• The Australian system allows the companies to keep commercially sensitive information to themselves (or to share with their financiers)

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