April 21, 2018
  CIM Magazine - Standards Column
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National Instrument 43-101

National Instrument 43-101

Effective in June 30, 2011

The National Instrument was developed by the Canadian Securities Administrators (CSA) through reformulation of:

  • National Policy Statement No. 2 - A "Guide for Engineers, Geologists and Prospectors Submitting Reports on Mining Properties to Canadian Provincial Securities Admonistrators"
  • National Policy Statement No. 22 - "Use of Information and Opinion Re Mining and Oil Properties by Registrants and Others", and recommendations of the Final Report of the TSE-OSC Mining Standards Task Force.

NI 43-101 came into force in early 2001, and established standards for all public disclosure an Issuer makes of scientific and technical information concerning mineral properties/projects.


Form 43-101F1

Effective June 30, 2011

The objective of the technical report is to provide a summary of scientific and technical information concerning mineral exploration, development and production activities on a mineral property that is material to an Issuer.

This Form sets out specific requirements for the preparation and contents of a technical report.


Companion Policy 43-101CP

Effective June 30, 2011

This companion policy sets out the views of the Canadian Securities Administrators (CSA) as to the manner in which the CSA interprets and applies certain provisions of National Instrument 43-101 and Form 43-101F1, and how the securities regulatory authorities or regulators may exercise their discretion in respect of certain applications for exemption from provisions of the Instrument.