Abstract

Modelling and subsequent estimation of an orebody are necessary for the financial assessment of exploration and mining projects. Potentially exploitable resources are increasingly deep and structurally complex, necessitating better-constrained geological models. Where these prospects and deposits occur in a structurally-complex terrane, it is best-practice to undertake a rigorous structural analysis and to incorporate this into the resultant 3D model. A review of a random selection of Competent Person reports, on projects situated in the Birimian of West Africa, indicates that there is little to no structural analysis incorporated into the great majority of their underlying 3D models, despite their situation in a structurally-complex terrane. A sub-suite of data from a Birimian-style Au deposit was subjected to numerous modelling iterations wherein several parameters were systematically and incrementally applied across a series of implicit models. This produced a range of mineralized volumes, which vary significantly from the geometry of the ground-truthed volume that has been established by pit mapping, structural analysis, mining and ongoing reconciliation. Comparison of these varying parameters and their resultant volumes to the ground-truthed volume demonstrates volume inflation of 18% to 40%. This volume inflation is also reflected in contained Au ounces, which were determined for a sub-suite of the implicit models. Notable outliers reflect parameters that produce shapes that are similar to subvertical, tabular mineralized zones, which is a geometry that repeatedly appears in MRE reports on structurally-complex Au - and other precious metal - deposits and prospects. Such geometries are produced by explicit modelling using cross-sections, very often with the erroneous cognitive bias of connecting grade intervals at high angles between drillholes. Exaggerated continuity, interconnectivity and an inflation of volume in these simplistic mineralized zones translate into an overestimation of contained Au ounces, which is reflected in historical surveys of mine development and reconciliation.

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