The goal of a Geological Due Diligence

The goal of a geological due diligence is to validate and verify all the claims made about a specific deposit. This is a very important step when looking at acquiring a geological or mining project. If you have any doubts about whether it is worth the expenditure, think of the Bre-X scandal which changed the world of mining and reporting.

Before making any mining or exploration investment, big or small, and before making any final decisions, a proper due diligence must be performed. Decision makers need to ensure the data they are basing their decision on is accurate, truthful and that it represents the project in a realistic manner.