Conference Proceedings
                        35th APCOM Symposium 2011
Conference Proceedings
                            35th APCOM Symposium 2011
JORC and Mineral Resource Classification Systems
                            
The JORC Code contains a mandatory classification system for Mineral Resource and Ore Reserve estimates for public reporting. The classification is a statement of the Competent Person's confidence in the estimate and an attempt to convey that confidence to the various users of the resource estimate. In general the classification process is either largely subjective, relying on the Competent Person's experience, or relies on statistical measures derived from the estimation process, or is derived from an estimated level of confidence in the outcome. However, the statistical measures may not necessarily relate to the overall confidence in the resource or reserve which must take account of the confidence in the geological inputs to the estimation.In addition to the traditional deterministic interpretation and estimations adopted by geologists, semi-quantitative techniques are now available to improve the estimation of confidence while continuing to involve the Competent Person's experience in the process. Methods for quantifying confidence in mineral resource estimates for advanced projects and operating mines have also beendeveloped.Classification is undertaken primarily as a communication tool between the estimators and the other stakeholders in the process. A brief examination of the stakeholders' requirements is included.
                        
                    
                        
                                    
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                                    P Stoker
                                
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                                - Published: 2011
 - Unique ID: P201111006