Purpose of the 43-101 The purpose of National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges overseen by the Canadian Securities Authority.
The NI 43-101 was created after the Bre-X scandal to protect investors from unsubstantiated mineral project disclosures.
Funny how reserves and mythical copper deposit valuations were being pumped on this board in absence of a 43-101.
Cheers mates. Gracias.