ABSTRACT Bulk density miscalculations and subsequent reporting can produce resource estimation errors and unexpected financial outcomes. Density and bulk density vary throughout a mineral deposit, especially in porous deposits and deposits containing variable amounts of high-density minerals (e.g., barite). Resource estimators must correlate bulk density with core recovery and apply quality assurance/quality control analysis to bulk density data. Core recovery is an important factor in resource estimation and reporting. Block tonnages (ore and waste) are estimated from volumes using a dry bulk density value. Ore dilution is a volumetric effect integral to ore reserve estimation that also has the potential to affect the economics of mining a deposit. Both the bulk density and dilution problems could be overcome by reporting a mineral resource estimate in grade per unit volume.
Read full abstract