Estimating Mineral Inventory Of A Copper Deposit Geostatistically Using Underground Core-Drilling Data - A Case Study

This paper describes the local estimation of mineral inventory by kriging. A mineral deposit located between two working levels of a copper mine was examined. Data for this estimation was obtained by underground diamond drilling. The mineral inventory that was computed by this method was compared to the results obtained by global estimation techniques, which were based on information front surface boreholes. A comparison between the ore reserves estimated through kriging and the ore reserves estimated at the mine using conventional methods was also made. This analysis shows that geostatistical methods can be applied to evaluate base-metal deposits similar to the deposit examined in this study. In the part of the mine that was examined, the kriging estimates show an overall increase in metal content at all cutoff grades, compared to the estimates obtained through conventional methods. Also, the ore body profiles are more continuous and regular through kriging, but they are not radically different from the profiles that were previously obtained at the mine. However, the global estimate of the deposit using kriging could not provide reliable results.