WASTING ASSETS - CAPITALIZABLE COSTS CLASSIFICATION

COST OF ACQUISITION

PURCHASE PRICE

COST OF EXPLORATION AND EVALUATION

ACQUISITION OF RIGHTS TO EXPLORE

COST OF EXPLORATION AND EVALUATION

TOPOGRAPHICAL, GEOLOGICAL, GEOCHEMICAL, AND GEOPHYSICAL STUDIES

COST OF EXPLORATION AND EVALUATION

EXPLORATORY DRILLING

COST OF EXPLORATION AND EVALUATION

TRENCHING

COST OF EXPLORATION AND EVALUATION

SAMPLING

COST OF EXPLORATION AND EVALUATION

ACTIVITIES IN RELATION TO EVALUATING THE TECHNICAL FEASIBILITY AND COMMERCIAL VIABILITY OF EXTRACTING A MINERAL RESOURCE

COST OF DEVELOPMENT

INTANGIBLE DEVELOPMENT COST

NOT CAPITALIZED

TANGIBLE EQUIPMENT ASSOCIATED WITH MACHINERY USED TO EXTRACT THE NATURAL RESOURCE

COST OF RESTORATION

COST OF ANY OBLIGATIONS FOR REMOVAL AND RESTORATION

NOT CAPITALIZED

TRANSPORTATION EQUIPMENT

NOT CAPITALIZED

HEAVY MACHINER

NOT CAPITALIZED

TUNNELS AND BUNKERS

CAPITALIZED

DRILLING

CAPITALIZED

SINKING MINE

CAPITALIZED

WELL CONSTRUCTION

COST OF EXPLORATION AND EVALUATION

CONDUCTING TECHNICAL STUDIES

COST OF EXPLORATION AND EVALUATION

ANALYZING AND RESEARCHING PAST EXPLORATION DATA

COST OF EXPLORATION AND EVALUATION

ESTIMATING VOLUME AND QUALITY DEPOSITS

COST OF EXPLORATION AND EVALUATION

TESTING POSSIBLE EXTRACTION METHODS OR TREATMENT

COST OF EXPLORATION AND EVALUATION

ASSESSING LOGISTICAL AND STRUCTURAL REQUIREMENTS

COST OF EXPLORATION AND EVALUATION

CONDUCTING FINANCIAL ANALYSIS (MARKET ANALYSIS)

COST OF DEVELOPMENT

MAJOR AND PERMANENT EXCAVATIONS

COST OF DEVELOPMENT

CONSTRUCTION OF TUNNELS, ROADS, AND OTHER STRUCTURES

COST OF DEVELOPMENT

ADVANCED REMOVAL OF OVERBURDEN

COST OF DEVELOPMENT

SINKING UNDERGROUND DRIFTS AND SHAFTS

NOT CAPITALIZABLE

DEVELOPMENT COST RELATED TO PRODUCTION EQUIPMENT

COST OF EXPLORATION AND DEVELOPMENT

COST OF DEVELOPMENT AND GEOLOGICAL SURVEY