Borehole statistics with spreadsheet software

Spreadsheet software is used to convert test results for drill core samples into borehole statistics such as volumes and masses of in-situ ore, metal contents and variances of metal contents. The properties of variances and the sampling variogram play a pivotal role, The additive of property of variances gives a sound scientific basis to the calculation of confidence limits for metal contents and grades as a measure of the risks associated with estimating reserves and resources.