What is projected and non projected resources?

Projected resources refer to the estimated quantities of Natural Resources that can be economically extracted in the future based on current technology and market conditions. These estimates are often based on geological surveys and modeling. Non-projected resources, on the other hand, include those that are known to exist but cannot be quantified or economically extracted at present, often due to technological, economic, or regulatory constraints. Essentially, projected resources are viable for extraction, while non-projected resources remain uncertain or uneconomical.