Best Practices in Mineral Resource Estimation & Reporting

Wednesday, April 12, 2017 1:00pm EDT | 1 hour
Series: AGI/AIPG Geoscience Online Learning Webinar

This webinar will highlight the best practice followed in mineral resource assessment by many mining companies in order to get the best predictable resource estimation of a mineral deposit. The topics include data-collection, storage and ownership, geological modeling, drill hole data analyses (compositing, capping / high grade data analyses), application of geostatistics, grade estimation, resource classification and reporting. With some real but anonymous examples the topics will be explained.

CEUs: 0.10

Overview

Construction of a computerized model to estimate mineral resources is a common practice in mineral exploration projects and mining operations. Many times a technical report is the done as per international reporting standards such as NI-43-101 or JORC to meet requirement of certain stock exchanges in the world. In all these standards there are certain minimum suggested requirements that have to be met for reporting mineral resources and reserves. The standards are not and cannot be prescriptive. However, irrespective of standards of reporting it is important that the mineral resource estimation be done following ‘the best practices’ in this area. This is to ensure that the resource estimation is reliable and based on valid parameters.

Presenter

Dr. Abani R Samal holds a doctorate from SIU Carbondale, DIC & MS from Imperial College, London and M Tech (Mineral Exploration) degree from IIT (ISM) Dhanbad, India. He has been in the mining industry since 1996. Immediately prior to his current position, he was a Principal advisor for Rio Tinto - a major mining company, based at their Salt Lake City Regional HQ. Currently he the owner and Principal of GeoGlobal, LLC. He is providing advisory services to mining companies. He is also an adjunct associate professor at University of Utah and Indian Institute of Technology (IIT), Bhubaneswar, India. Mineral deposit evaluation, resource estimation & reporting, reconciliation of mine operations and applied geostatistics are Dr. Samal's technical specializations.

Abani R Samal, is a Certified Professional geologist (CPG) of AIPG, Registered Member of SME and a Fellow of Society of Economic Geology (SEG). He has been active in strategic committees of SME, Past Chair of the industrial minerals and aggregates division and an active contributing member of the committee that published the 2014 SME Guide for Reporting Exploration Results, Mineral Resources, and Mineral Reserves. Dr. Samal is a very active member of other professional organizations including GSA, Geological Society of India (Fellow), IAMG (life member). Recently he was appointed as an honorary representative of CRIRSCO in India.

CEU Credits

All registrants who attend the entire duration of this webinar will receive 0.1 CEUs from the American Institiute of Professional Geologists.