hat are the differences between IFRS and ASPE regarding accounting for mineral resources? A. ASPE is applicable to exploration and evaluation costs only up to the point the entity determines the technical feasibility and commercial viability of the mining operation, whereas IFRS allows capitalization throughout the exploration, evaluation, development, and extraction phases. B. Under ASPE, entities have two main choices to account for exploration and evaluation costs: the successful efforts method or the full cost method. C. Under ASPE, the full cost method might only be used for internal reporting and cannot be used for financial reporting. D. Prospecting costs are expensed under IFRS and capitalized under ASPE