Ore reserves - the four Cs (56b43a22-2c28-47ce-ad2b-75e60bf8cf34)

"The process of arriving at the size and grade of· (a) a newly discovered body of mineralization, (b) a potential ore resource, (c) an orebody proposed for mining, or (d) the ore reserves in a mine, requires fundamental geological, and geometrical determinations as well as physical and chemical analyses. This paper outlines geological and geometrical features considered critical, in the authors' experience, in realistic reserve determination. These are discussed under the headings ""The Four Cs"". They include the Character, type or nature of the mineralization; the Continuity of various types of mineralization in the deposit; various key concerns in the Calculation besides the mathematics; and the Classification section which refers to basic considerations in classifying a mineral estimate. It is suggested that the responsibility for the calculation of a Resource or Reserve should be that of a geologist experienced in the ore type under review. Further, it should be the responsibility of the board of directors of the company owning the deposit to ensure that a sufficiently experienced person is chosen to carry out the process. IntroductionThe key issue of ore reserves is that they are intended as, a clear-as- possible statement of metal in place in a mineable orebody. Precise, widely understood definitions help convey understanding of the figures, but accuracy requires careful geological input before the calculation is made and a definition is applied. Many recent new mining operations in Canada have experienced serious shortcomings between original ore reserve figures and what was mined. This suggests deficiencies in the actual tonnage and grade calculated in advance of production. The authors suspect that much of the problem is due to a less-than-adequate outline of the orebody before calculating reserves for production or alternatively, treatment of grade and thickness data without regard to an orebody outline. Careful consideration of mineralization and ore continuity is one of the most important aspects of ore geology. Ore reserve calculation should be more than a mathematical exercise."