Guide 7- Mining Company Disclosures Securities Lawyer 101- Go Public Blog In addition to the disclosures required by Regulation S-K and 20F, mining issuers must include the disclosures required by Guide 7. Guide 7 is divided into three sections. The first contains definitions. The definitions include the terms reserve, proven (measured) reserves, and probable (indicated) reserves. Generally, the SEC prohibits the disclosure of quantitative estimates for all mineral deposits other than proven and probable reserves unless such information is required to be disclosed by foreign or state law. Guide 7 also defines the three stages of mining as exploration, development and productionThe second section of Guide 7 lists the information that must be disclosed for each of the mines, plants and other significant properties owned or operated, or intended to be owned or operated, by the issuer. The information required by Guide 7 includes:f The location and means of access to the property;f A brief description of the tile, claim, lease or option under which the issuer and its subsidiaries have or will have the right to hold or operate the property, indicating any conditions which the issuer must meet in order to obtain or retain the property. If held by leases or options, the expiration dates of such leases or options must be disclosed;f A brief history of previous operations, including the names of previous operators of the mine, insofar as known;f A brief description of the present condition of the property, the work completed by the issuer on the property,Nike Free Run, the issuers proposed program of exploration and development, and the current state of exploration and/or development. Mines must be identified as either open-pit or underground. If the property is without known reserves and the proposed program is exploratory in nature, a specific statement to that effect must be made which includes the age, details as to modernization and physical condition of the plant and equipment, including subsurface improvements and equipment. Further, the total cost for each property and its associated plant and equipment must be disclosed as well as the source of power utilized with respect to each property must also be disclosed;f A brief description of the rock formations and mineralization of existing or potential economic significance on the property, including the identity of the principal metallic or other constituents insofar as known. If proven (measured) or probable (indicated) reserves have been established, state(i) the estimated tonnages and grades (or quality, where appropriate) of such classes of reserves, and(ii) the name of the person making the estimates and the nature of his relationship to the issuer;f If technical terms relating to geology, mining or related matters whose definition cannot readily be found in conventional dictionaries (as opposed to technical dictionaries or glossaries) are used, an appropriate glossary must be included in this report; andf Detailed geographic maps and reports, feasibility studies and other highly technical data must not be included in the report but must be, to a degree, appropriate and necessary for the SECs understanding of the issuers presentation of business and property matters, furnished as supplemental information.The third section of Guide 7 requires the issuer to furnish supplemental information to the SEC that includes:f If an estimate of proven (measured) or probable (indicated) reserves is set forth in the report:i) maps drawn to scale showing any mine workings and the outlines of the reserve blocks involved together with the pertinent sample-assay thereon;ii) all pertinent drill data and related maps; andiii) the calculations whereby the basic sample-assay or drill data were translated into the estimates made the grade and tonnage of reserves in each block and in the complete reserve estimate;f A complete copy of each material engineering, geological or metallurgical report concerning the issuers property, including governmental reports, which are known and available to the issuer; andf All documents such as title documents, operating permits and easements needed to support representations made in the issuers report.All publicly traded mining companies require the assistance of an experienced securities attorney familiar with Guide 7. Hamilton & Associates has represented numerous mining companies domestically and internationally.This memorandum is provided as a general informational service to clients and friends of Hamilton & Associates Law Group and should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. For more information concerning the rules and regulations affecting the use of Rule 144, Form 8K, FINRA Rule 6490, Rule 506 private placement offerings, Regulation A,Nike Air Max 2013, Rule 504 offerings, Rule 144, SEC reporting requirements, SEC registration on Form S-1 and Form 10, Pink Sheet listing, OTCBB and OTC Markets disclosure requirements,cheap nike free run 2, DTC Chills, Global Locks, reverse mergers, public shells, go public direct transactions and direct public offerings.