Davidson & Company’s Bahar Saadat and Erez Bahar discuss deferred exploration costs in this short video. Deferred exploration costs are expenditures incurred by a company that are attributable a mineral property of the Company. Expenditures may include drilling, assaying, mobilization, sampling and related administration costs. Under IFRS, the Company has the option to capitalize or expense the expenditures incurred during the year. If the Company chooses to capitalize expenditures, exploration and evaluation assets impairment may become an issue during the audit.