Mineral Reserve Estimation for Project Development Purposes

The major components of a mineral reserve estimate for project development purposes are described with respect to sampling, geology, estimation methods, mining factors, metallurgical factors, environmental factors, financial and other factors. Each of these components impact to varying degrees on the recoverable metal or product of a new mining project. The evaluation of a project is a complex process involving the best the profession can provide in terms of geological understanding, engineering ingenuity, metallurgical skills and financial evaluation.