30 seconds of info – Resource estimation and evaluation – effects of clustering

We all need information, but don’t always have the time to read long articles – so each week we will post “30 seconds worth of useful information” on both our website and LinkedIn. We hope you find it useful.

Resource estimation and evaluation:

Don’t ignore the effects of clustering on data statistics: if you don’t correct for clustering any statistics that you derive from the data will be wrong.  Don’t assume that just because a set of drilling data is (more or less) on a regular grid that there are no clustering effects.  It only takes a few minutes to look at the effects of clustering and it can save (or damn) your project.

This week’s information comes from Ian Glacken our Director of Geology. His contact details are: iglacken@snowdenoptiro.com