DeepGreen Announces Updated 43-101 Mineral Resource Estimate Technical Report for the NORI Area D Clarion – Clipperton Zone Project, Pacific Ocean
Data obtained using DeepGreen’s improved and cost-effective sampling methodology during NORI's 2018 exploration campaign resulted in upgrades of 'inferred' base metal resources to 'measured' and 'indicated'. There was a substantial 51% increase in resource tonnage for the upgraded areas when compared with the previous inferred resource estimate for the same area, giving the company confidence in its ability to upgrade the remainder of the inferred mineral resources in the NORI Project area.
We appreciate the recent Greenpeace report, ‘In Deep Water: The emerging threat of deep sea mining,’ issued July 3, 2019, as a well-intentioned effort to protect the deep sea. We agree with its recommendations to (1) establish a comprehensive network of marine reserves covering at least 30% of the ocean by 2030; and (2) establish a strong Global Ocean Treaty in 2020 that promotes sanctuaries across the global ocean, protects marine life from multiple extraction activities and delivers rules and high standards for potentially damaging industries.
The report regrettably contains several factual mistakes, material misrepresentations and partial truths.
Understanding, Protecting and Utilizing Deep Sea Resources: The Special Case of Polymetallic Nodules
When it comes to natural resource extraction, typically you have one state agency writing the rules, often with few stakeholders at the table. That’s why the regulatory regime being developed by the 168 member states of the UN International Seabed Authority (ISA) is so unique. Not only do we have countries from around the world collaborating to develop an operational code with the goal of minimizing impact before any activity takes place, we have an unprecedented opportunity to protect biologically important areas of the Clarion Clipperton Zone.
Latest from DeepGreen
and the Quest for Metals for Our