The Practice of Porphyry Copper Deposit Estimation for Grade and Ore-Waste Tonnages Demonstrated by Several Case Studies

Several packages for the estimation of porphyry type deposits exist and produce acceptable results. Recently, however, the need for really trying to obtain maximum information from drill holes has prompted the generation of geostatistical solutions to the problem of reserve calculation. It will be shown that an understanding of a few key points is necessary in order for these solutions (variogram analysis and kriging) to he really ptimal. The most important new fact to be ecognized in open pit ore reserve estimation is that block models do not give an accurate rediction of ore tonnage when a cut-off is pplied but often yield an overestimation of p to 25%. When checked against extensive roduction records, geostatistical methods provide a practical solution to this problem. t now seems that the model used here gives he best possible results. Inasmuch as all arge deposits present very similar geostatis- ical characteristics only a few days of work re necessary to produce a complete inventory f these. The techniques used will be demon- trated using examples from five deposits and pecial emphasis will be given to the accurate rediction of tonnages of ore and waste using he new "transfer function" technique of G.