Geostatistics and ore reserve classification

"The main object of ore reserve classification is to assess the reliability of an ore reserve estimate. Because traditional classification schemes fail to provide a means of calculating this reliability, the terms 'proven "" 'probable' and 'possible ' ore were introduced as an attempt to qualify it.Geostatistics, on its part, allows the quantification of the precision of any ore estimate and thus appears as an appropriate tool for ore reserve classification.However, the problem of fixing quantitative boundaries for ore classes remains. In order to be meaningful, ore class limits based on the degree of reliability should be customized to the commodity, and the type and size of the deposit. In addition, the precision of an ore estimate will be affected by the cut-off grade and the size of selective mining units.IntroductionPrimarily, ore reserve classification should be seen as a communication tool between the geologist and the mining engineer on one hand and the management and policy maker on the other. By classifying ore reserves, the geologist tries to answer the very fundamental question: ""What quantity of metal is there in the ground and how sure am I that it really exists?""The difficult y of quantifying the degree of reliability of reserves has led to the creation of a large suite of terms and definitions, with almost every mining company having its own set of definition standards. As lower-grade deposits are brought into production, the margin of tolerable error in estimates of the grade and tonnage is becoming much narrower. Consequently, the need for unequivocal definition of the reliability of ore reserves is increasingly acute. Most of the generally accepted systems of classification, however, describe the reliability of reserves in qualitative, rather than quantitative, terms."