Assay

(redirected from assayers)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Assay

Metal purity test to confirm that the metal meets the standards for trading on a commodities exchange (commodities exchange center).

Assay

To test precious metals for their purity. This is important to commodities and futures involving precious metals, in which the quality of the underlying metals must be specified in the contract.

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.
References in periodicals archive ?
Assayers in 1855 included Blake & Company of Sacramento, Blake & Agrell, E.
91m) of intact pulps for hole-H75-088 were recovered and assayed on behalf of New Mexico Copper Corp ("NMCC"), a wholly owned subsidiary of Mercator, by Skyline Assayers & Laboratories in Tucson, Arizona, USA.
This portion of the program included 56 vein samples and two grab samples from the upper and lower walls of the South Yule vein, with the highest gold value reported by Assayers Canada at 2,696 gm/tonne (78.
Two independent companies performed the assays: 1) Assayers Canada, and 2) International Plasma Labs Ltd.
Samples for the upcoming NI 43-101 Gold Resource Evaluation purposes are still sent to two independent laboratories (International Plasma Laboratory and Assayers Canada) in Vancouver for assaying purposes.
Several hundred pounds of surface and core samples have been sent to Skyline Assayers & Laboratories in Tucson, Arizona for analysis.
Initial sequential leach analyses of individual five-foot drilling samples from the 2007 drilling campaign were completed by Skyline Assayers & Laboratories ("Skyline") in Tucson, Arizona.
The samples were then sent to an Assayers laboratory in Canada where they were certified.
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.