Assaying and Ore Reserve Estimation INTRODUCTION • When a deposit is proved by exploration, it becomes more or less a commercial proposition. • The deposit is now viewed in terms of investment, returns in capitals, daily rate or production. • In order to take investment decision, knowledge of an accurate estimation of ore reserves together with their grade is essential. • More precise the exploration, more accurate the reserve estimation will be. Estimation of the ore reserve comprises the following; Ø Determination of quantity of the mineral and all its valuable constituents. Ø determination of grade and quality of the mineral. Ø Determination of tonnage of ore and average grade or value per ton. What is an ore deposit? An occurrence of minerals or metals in sufficiently high concentration to be profitable to mine and process using current technology and under current economic conditions. A zone that has concentration of minerals of economic interest. What is ore grade? Ore grade is the concentration of economic mineral or metal in an ore deposit. Cut off grade It is the minimum permissible grade of the ore at which the value of the recovered ore equals direct operating cost per ton of ore. Mineral Resource § Mineral Resource is a concentration or occurrence of natural, solid, inorganic, or fossilized organic material in or on the Earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. § The location, quantity, grade, geological characteristics, and continuity of a mineral r esource are known, estimated or interpreted from specific geological evidence and knowledge. § Mineral Resources are sub divided in order of increasing geological confidence into; § Inferred § Indicated and § Measured categories. Classification of resource According to IBM (Indian Bureau of Mines), mineral resources are placed under three categories; Possible Probable Proved According to USGS, USBM, 1949, mineral resources are placed under three categories; inferred Indicated Measured Inferred /Possible Resource • Part of a mineral resource where the tonnage and grade can be estimated with a low level of confidence and certainty. • It is based on information gathered through appropriate techniques from location such as outcrops, trenches, pits, workings and widely spaced (>100m) drill holes which may be of limited or uncertain quality and reliability. Indicated/Probable Resource • Part of a mineral resource that have been sampled (from locations such as outcrops, trenches, pits and drill holes) to a point where an estimate has been made, at a reasonable level of confidence and certainty of their contained metal, grade, tonnage, shape, densities, and the physical characteristics. • An indicated resource usually serves as a basis for mine planning. • In this the behavior of ore body can be determined with reasonable accuracy on the basis of detailed geological map. Measured/Proved Resource • Estimated based on sufficient data which is not vary from the actually tonnage and grade at the time of mining. • Part of a mineral resource that have undergone enough further sampling that a 'competent person' (usually a geologist) declared them to be an acceptable estimate , at a high degree of confidence and certainty, of the grade, tonnage, shape, densities, physical characteristics and mineral content of the mineral occurrence. Reserve Ore Reserves are those portions of Mineral Resources that, after the application of all Modifying Factors, result in an estimated tonnage and grade Ore Reserves are sub- divided in order of increasing confidence into Probable Ore Reserves and Proved Ore Reserves Probable Reserve A probable ore reserve is the part of indicated resources that can be mined economically. It includes factors like dilution, recovery, and commodity price. It is of sufficient quality to serve as the basis for decision on the development of deposit. Proved Reserve A proven ore reserve is the part of measured resources that can be mined in an economically viable fashion. It includes diluting materials and allowances for recovery and the commodity price. A proven ore reserve represents the highest confidence category of reserve estimate. Reserve Estimation Methods Depending upon the nature of ore bodies. The area of a block can be determined by various methods. The methods are broadly paced under two categories 1. Polygonal method 2. Triangular method Polygonal method • This method can be applied to a continuous tabular ore body with an irregular shape and variable grade or very regular ore body where no correlation can be made from bore hole to bore hole. • Polygons are constructed by drawing perpendicular to the mid points on the lines joining each of the pits or bore hole with the surrounding pit or borehole. • The area of influence of each polygon or pit is half the distance to all surrounding boreholes or pits. Polygon are so constructed that each grid or borehole point occupies the central part of the polygon. • The volume and tonnage of the deposit is then determined using simple geometrical equations. Polygonal Method Bore hole/Pit The area of a regular polygon is given by the formula below. Area = (½)(apothem)(perimeter) Triangular Method The method used when sampling points pits are not in grid pattern. The area is divided into numbers of triangles. In this method lines are drawn connecting adjacent boreholes on a plan to form mosaic of triangular blocks. The average thickness and grad of each block is determined from the values of the bore holes at the corners of each triangle. S= a+b+c 2 Area = Where a, b, c are sides of triangle S = Perimeter of triangle S(S-a)(S-b)S(S-c) Average Thickness = Average Grade = The plan area of triangle is multiplied by its average thickness and then with specific gravity to give tonnage of the triangular sub block. By adding the tonnage of all sub blocks the total tonnage of the ore can be obtained Volume = Area x Average thickness Tonnage = Volume x Specific gravity