The United States Experience

This paper discusses recent ore reserve methodology at the Woodlawn base metal Mine in New South Wales. The ownership of the Mine changed hands in 1987 and a number of revisions to ore reserve practice were instigated by the new operators. While the overall modeling and calculation procedure remained essentially unaltered, the modifications and revised assumptions significantly increased the ore reserve. While general ore reserve procedures are discussed in this paper, it is the impact of these changed assumptions on the reserves which is our main focus.