Optiro’s summary of the RSC Resource Reporting Intelligence report for 6-12 March 2017 covers the following information: technical reports published; Project locations; Project commodities; resource estimation and reserve estimation report authors; and the top 3 most significant drill intersections for the week, month and year.
This week's 30 Seconds of Info comes from Paul Blackney - Principal Consultant. Every step of the resource estimation process should be validated in some way: While this may sound onerous and time consuming, it doesn’t need to be. For instance, check the downhole compositing process by determining the total sample length before and after compositing – it should be the same or nearly the same. The cause of any difference should be determined and either corrected or understood before proceeding.
Resource estimation and evaluation. Remember that declustered data statistics are not perfect: Applying declustering is a good idea for many drillhole data sets, but recognise that it’s not a perfect process. During optimisation of the declustering process, it should be…
The Australian Institute of Geoscientists newsletter, AIG News, is now available free to all readers. Here are a few of the topics covered in their latest edition:
Probing the crust: Time, Space & Source relationship of granitoids at Cape Upstart, Northeast Queensland.
2D Lithosperic Imaging of the Delamerian and Lacklan Orogens, Southwestern Victoria, Australia from Broadband Magnetotellurics.
The origin of red pigment in Late Devonian limestones and significance for environmental changes, northern Canning Basin, Western Australia.
10 of the mini-essays submitted for the AIG 2016 Mini Essay Competition covering the topic: What will successful exploration in the future look like?
Optiro's summary of the RSC Resource Reporting Intelligence for the week of 27 Feb to 5 March 2017 covers: types of technical reports published; Project locations: Project commodities; Resource Estimation and Reserve reports by Report Authors – since October 2014: top 3 most significant drill intersections of the week / month and for 2017 to date.
Nevsun Resources Ltd – Timok in Serbia – resource definition; 3m @ 6.0% Cu, 3.79g/t Au from 438.8m
Premier Gold Mines Ltd – Hasaga in Canada – resource definition; 0m @ 10.94g/t Au from 771.0m
SkyHarbour Resources Ltd – Moore Lake in Canada – exploration; 5.9m @ 6.0% U308 from 261.6m
The top 3 most significant drill intersections in February 2017:
Nevsun Resources Ltd – Timok in Serbia – resource definition; 3m @ 6.0% Cu, 3.79g/t Au from 438.8m
UEX Corp – Christie Lake in Canada – exploration: 17.70m @ 11.46% U308 from 475.10m
Arizona Mining Inc – Hermosa in USA – resource definition; 122.5m @ 71.23g/t Ag, 7.15%Pb, 12.75% Zn, 0.17%Cu from 537.9m
Top 3 most significant drill intersections in 2017 to date:
This week's 30 Seconds of Info comes from Ian Glacken - Optiro's Director of Geology: Capping before or after compositing? This is a controversial topic which has adherents on both sides, although most believe that capping should be carried out after compositing, when the data has equal support. If you are going to cap before you composite the data, then the capping should be carried out with the variable as ‘metal’ or accumulation (grade times length), rather than just the assay itself. Contact: iglacken@snowdenoptiro.com
Optiro's summary of the RSC mineral resource reporting intelligence report covers: number of reports published; project locations; project commodities; globally, the most popular resource and reserve estimation report authors; the top 3 drill intersections for the week and the top 3 most significant drill intersections for 2017.
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.
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…
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.
