Ore Reserve Estimation
Ore Reserve Estimation: Ore reserve estimation is a crucial process in mining geology that determines the quantity, quality, and economic viability of a mineral deposit. It helps in mine planning, investment decisions, and sustainable resource management. Ore Reserve (tonnes) = Volume of Ore Body (cubic meters) x Density of Ore (tonnes per cubic meter). 1. Basic Concepts in Ore Reserve Estimation 1.1 Definitions Ore: A naturally occurring material from which a mineral or metal can be extracted profitably. Ore Reserve: The economically mineable part of a mineral resource, taking into account mining, processing, and environmental factors. Mineral Resource: A concentration of minerals in the Earth’s crust that has the potential for economic extraction but requires further studies. Cut-off Grade: The minimum grade of ore that is considered economically viable for mining. Tonnage and Grade: Tonnage (Mass of Ore) = Volume × Density Grade = (Metal Content / Ore Mass) × 10...