Assaying financial definition of assaying
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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.
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
Based on previous assaying
undertaken by IPL and JBMM the gold particles appear to be extremely small and in fact no significant "nugget" factor has ever been detected from any sample at the Comval project to date.
Spooner and Associates collected over 300 samples for assaying
is a private company developing novel assaying
platforms for in-vitro diagnostics and for ultra high throughput screening of drug candidates.
Strathcona Mineral Services Limited ("Strathcona") was previously engaged by IGC to review the available data produced by Auric including a site visit to the Property, and has analyzed both core samples from previous drilling and surface samples collected by Strathcona using assaying
and extractive leach procedures.