Which of thefollowing expenditures is not an example of expenditures that form part of the initial cost of exploration and evaluation assets?
A) Acquisition of rights to explore;
B) Exploratory drilling;
C) Construction of roads and tunnels to the mine site;
D) Activities in relation to evaluating the technical feasibility and commercial viability of extracting a mineral resource;
E) None of the given answers.

Question

Quizplus · Accepted Answer

Construction of roads and tunnels to the mine site is an example of expenditures that form part of the initial cost of development assets, not exploration and evaluation assets. The initial cost of exploration and evaluation assets includes activities such as acquisition of rights to explore, exploratory drilling, and activities related to evaluating the technical feasibility and commercial viability of extracting a mineral resource.

Which of Thefollowing Expenditures Is Not an Example of Expenditures