Mineral Resource Estimation and Classification Workflow
Estimate mineral resources based on geological data, classify them into categories (e.g. proven, probable, possible), and update classification as new information becomes available, ensuring accurate resource quantification for informed decision-making.
Mineral Resource Estimation and Classification
Step 1: Geospatial Data Collection
Step 2: Geological Survey Preparation
Step 3: Mineral Resource Data Collection
Step 4: Geological Modeling Creation
Step 5: Mineral Resource Estimation
Step 6: Classification and Categorization
Step 7: Data Validation and Quality Control
Step 8: Report Generation
Step 9: Communication with Stakeholders
Mineral Resource Estimation and Classification
Type: Text
This process involves the estimation and classification of mineral resources to determine their economic viability. It begins with data collection, where geological information is gathered through exploration activities such as drilling, sampling, and geophysical surveys. Next, the collected data is analyzed using specialized software to create a 3D model of the subsurface geological structure. This allows for the identification of potential mineralized zones within the project area. The identified mineralized zones are then classified based on their geological characteristics, grade, and quantity. This information is used to calculate the in-situ tonnes and grades of the mineral resource, which is a critical step in determining its economic feasibility. Finally, the estimated mineral resources are reported according to international standards, providing stakeholders with a comprehensive understanding of the project's potential.
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