Performance analysis of different estimation methods on conditionally simulated deposits

The accurate estimation of mining-block grades continues to be a challenging task for ore reserve practitioners. The estimation method used and the variability of the mineralization in the deposit are two factors that affect the accuracy of the estimates. The objectives of this study are to determine how different estimation methods perform on a given deposit and to determine the impact that the nature of the mineralization has on the results. A comparison of several estimation methods for prediction accuracy is performed based on conditional simulation results.