Regulatory Alerts2022-04-14
CSA Consultation Paper 43-401: Consultation on Regulation 43-101 respecting Standards of Disclosure for Mineral Projects
The Canadian Securities Administrators issued this consultation paper to gather stakeholder feedback on updating Regulation 43-101, the global standard for mineral project disclosure. The review targets critical deficiencies identified in technical reports, including inadequate data verification, non-compliant historical estimates, and problematic preliminary economic assessments. Key proposed changes involve modernizing qualified person definitions, clarifying independence requirements, and enhancing investor protection through stricter disclosure of exploration information and personal inspection protocols.
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