Appendix A -- Defined terms
This appendix is an integral part of the Standard.
exploration and evaluation assets
A[1]
Exploration and evaluation expenditures recognised as assets in accordance with the entity’s accounting policy.
exploration and evaluation expenditures
A[2]
Expenditures incurred by an entity in connection with the exploration for and evaluation of mineral resources before the technical feasibility and commercial viability of extracting a mineral resource are demonstrable.
exploration for and evaluation of mineral resources
A[3]
The search for mineral resources, including minerals, oil, natural gas and similar non-regenerative resources after the entity has obtained legal rights to explore in a specific area, as well as the determination of the technical feasibility and commercial viability of extracting the mineral resource.