Resource Estimation & Valuation
Mining investment decisions depend on the size of the mineral resource and the confidence in its estimate. We prepare the estimate from quality-controlled data through petrographic description, 3D geological modelling, resource estimation, and a technical audit and valuation suitable for investor review.
Resource estimation stages
Petrographic description
Petrographic and mineralogical description that establishes the nature and texture of the mineralisation.
3D geological modelling
Building a three-dimensional geological model of the orebody from the drilling data.
Mineral resource estimation
Estimating mineral resources and classifying them by confidence category.
Technical audit
Independent review of the data, the methodology and the assumptions behind the estimate.
Valuation
Valuing the resource to support investment and financing decisions.
Reporting
Producing the technical reporting in a form fit for investors and the regulator.
Users of the resource estimate and their requirements
The investor
Asks about the size of the resource and the confidence in it — the categories the reporting code sets: inferred, indicated and measured.
The financier
Asks about the methodology and the assumptions behind the estimate, not the number alone.
The regulator
Asks whether the reporting meets the code and whether the signatory is a competent person.
Project management
Asks where the next drilling budget should be allocated, which the three-dimensional model determines.
Other mining services
Resource estimation enquiries
Contact us with the target commodity and the size of the drilling database.
Contact our team