Please answer both

Which of the following statements regarding mineral resources is true? a) They are regenerative or non-regenerative materials in the earth's crust. b) They are materials that come from the earth's atmosphere or earth's crust. C) They are non-regenerative materials in the earth's crust. d) They are non-regenerative materials in the earth's atmosphere and in the earth's crust. Zoomer Inc. purchased a parcel of land with the intention of mining for phosphate. How should the land be recorded in Zoomer's financial statements while the company is determining the technical feasibility of mining the land? Assume that Zoomer reports under IFRS. a) As property, plant, and equipment, capitalized under IAS 16. b) As exploration and evaluation costs, capitalized under IFRS 6. c) As prospecting costs, expensed as incurred. d) As inventory, capitalized under IAS 2