JORC

The Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves ('the JORC Code') is a professional code of practice that establishes minimum requirements for mineral exploration results, mineral resources, and ore reserves public reporting.

The JORC Code establishes a standardized approach for classifying mineral exploration results, mineral resources, and ore reserves in public reports based on degrees of trust in geological information, as well as technical and economic concerns.

The goal of public reports published in line with the JORC Code is to inform investors, potential investors, and their advisers. Annual and quarterly business reports, news announcements, information memoranda, technical papers, website posts, and public presentations of Exploration Results, Mineral Resources, and Ore Reserves estimates are just a few examples.

The initial version of the JORC Code was published in 1989, and the most current edition was released in late 2012. It has been integrated into the Listed Rules of the Australian and New Zealand Stock Exchanges since 1989 and 1992, respectively, making compliance required for businesses listing on those exchanges.