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assay
(redirected from assayers)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
Assay
Metal purity test to confirm that the metal meets the standards for trading on a commodities exchange (commodities exchange center).

assay
A test to determine the purity of gold, silver, or other precious metals. Metals used for delivery of futures contracts must be assayed to verify that they meet standards established by the exchange on which the contracts trade.


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In May Frobisher set out on his third and final voyage, with fifteen ships and two hundred miners, in which Sidney invested [pounds]67/10/-; during this trip, the assayers pronounced the ore worthless.
There she and her two teenage children greeted the trail-weary prospectors, hunters, and pioneer mothers and children as well as merchants, assayers, and preachers, freshened them up, and sent them on their last dash to town.
During the audit, three independent geologists and two assayers conducted four geological reviews and full custodial assays on all its properties, although only the Skull Valley property was verified for the purpose of the audit.
 
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