'Joint Ore Reserves Committee'
The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2004 edition) was incorporated in the Listing Rules of the Australian Stock Exchange (ASX) and New Zealand Stock Exchange (NZX) on Friday, 17 December 2004, replacing the 1999 edition. Compliance is mandatory on all companies listed by the ASX and NZX.
The JORC Code provides minimum standards for public reporting to ensure that investors and their advisers have all the information they would reasonably require for forming a reliable opinion on the results and estimates being reported.
http://www.jorc.org/main.php
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