The Decision of Stationarity in Modern Resource Estimation

The Australasian Institute of Mining and Metallurgy
B J. Wilde
Organization:
The Australasian Institute of Mining and Metallurgy
Pages:
17
File Size:
811 KB
Publication Date:
Sep 26, 2011

Abstract

Evaluating the resources and reserves in a mineral deposit requires many interdependent subjective decisions. The decision of stationarity is arguably the most important. This decision includes: the choice of domains that subset the entire deposit, modelling the boundaries of each domain, and understanding and considering the nature of the contacts between domains. Reasonable choices are made in consideration of the geological context, the available data, the goals of the study and the available resources for the study. This paper reviews aspects of the decision of stationarity in modern resource assessment with a focus on quantifying uncertainty and using numerical/statistical tools to help the geomodeller. The use of volume/distance functions to quantify uncertainty in domain limits is particularly important and is presented in detail. The use of contact plots provides help with the continuity of grades across domain boundaries. Realisations are not assembled as a branching combinatorial of all possibilities, but as a set of realisations that provide a measure of uncertainty. This paper amounts to a definition of stationarity for modern resource assessment.
Citation

APA: B J. Wilde  (2011)  The Decision of Stationarity in Modern Resource Estimation

MLA: B J. Wilde The Decision of Stationarity in Modern Resource Estimation. The Australasian Institute of Mining and Metallurgy, 2011.

Export
Purchase this Article for $25.00

Create a Guest account to purchase this file
- or -
Log in to your existing Guest account