Mineral Development Property is an economically viable mineral asset supported by a feasibility or pre-feasibility study that is being prepared for mineral production. Such a resource may not yet be financed or under construction. In business valuation analysis, a Mineral Development Property qualifies as intangible assets because it can be recognised and valuators can reliably measure the associated economic benefits. Intangible assets are a class of assets without physical form yet can offer immense value to owners. To estimate the fair market value of intangible assets such as a mineral development property, business valuators apply techniques under the income, market and asset methods.