Economic demonstrated resource

Economic demonstrated resource

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An economic demonstrated resource is, in terms of mineral resources, a resource judged to be economically extractable and for which the quality and quantity are computed partly from specific measurements, and partly from extrapolation for a reasonable distance on geological evidence [ [http://www.investaustralia.gov.au/media/IR_MIN_Exploring_for_Petroleum_in_Australia.pdf Exploring for Petroleum in Australia] ] .

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