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Month February 2017

Optiro’s summary of the 13-19 Feb 2017 RSC Resource Reporting Intelligence report

Optiro's summary of the RSC Resource Reporting Intelligence report for 13-19 February 2017 gives information about: the new technical reports that were published; the project locations; the project commodities; the Resource Estimation and Reserve Estimation report authors since October 2014; and the top 3 most significant drill intersections.
Read MoreOptiro’s summary of the 13-19 Feb 2017 RSC Resource Reporting Intelligence report

30 Seconds of Info from Ian Glacken – Director of Geology: What to do if you have conditional bias

If you have conditional bias:  Get more and closer-spaced data, estimate into larger volumes (this generally works – but not always), think about a change of support if this isn’t possible, and choose an estimation method which doesn’t exaggerate the…

Read More30 Seconds of Info from Ian Glacken – Director of Geology: What to do if you have conditional bias

Optiro’s weekly summary of the RSC Resource Reporting Intelligence

Optiro’s weekly summary of the RSC Resource Reporting Intelligence for 6-12 Feb 2017 covers information about the number and type of technical reports published, the project locations, the commodities, globally the resource estimation and reserve estimation report authors since October 2014, the top 3 significant drill intersections of the week and the year to date.
Read MoreOptiro’s weekly summary of the RSC Resource Reporting Intelligence

This week’s 30 Seconds of Info: Be aware of the limitations of ID estimation. Ian Glacken – Director of Geology

Ian Glacken - Director of Geology's 30 Seconds of Advice. Be aware of the limitations of ID estimation: Inverse distance (ID) is often touted as a viable alternative to Ordinary Kriging (OK), and it can be – but you must appreciate its two or three very serious limitations and correct for these. The limitations are that there is no accounting for data clustering (unlike OK) and the choice of a power is essentially arbitrary. As long as you are aware of these issues, ID can sometimes be used as a ‘check’ technique for OK.
Read MoreThis week’s 30 Seconds of Info: Be aware of the limitations of ID estimation. Ian Glacken – Director of Geology