Overestimation of oil sands mining reserve caused by an archaic algorithm

The Athabasca oil sands mineable resource is located in northeastern Alberta, Canada. In oil sands mining, the ore zone is regulated to have a minimum mining thickness of 3 m and a cutoff grade of 7 wt.%. The current algorithm that is widely used to flag ore zones and waste zones tends to overestimate oil reserves and causes low-grade ore to be processed. This paper presents the development of a more complex algorithm that is more representative of the actual oil found during operations and that can prevent low-grade ore from being sent for processing.