Abstract
Over 100 papers on regional mineral resource assessment of nonfuels are classified according to method(s) used and form(s) of product in order to help identify possible methods for future assessments. Types of products that have been used include: tons of metal; tons of rock and associated grade; gross value; potential; number of deposits; probability of one or more deposits; tons of rock, grade, and number of deposits by type; potential supply; and net value. Assessment methods considered are: time-rate, crustal abundance, cumulative tonnage versus grade, simple subjective, complex subjective, Bayesian, frequency, trend, geometric probability, multiple regression, discriminant analysis, modified component, multivariate logistic, cluster analysis or pattern recognition, and simulation.Selection of a method to be employed in an assessment should be based on: (1) appropriateness of the product to the problem, (2) limitations in resources, such as information or time available for the assessment, (3) the level of uncertainty and acceptability of biases in the assessment, and (4) the need for verification of results and acceptance of the method.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.