Quantitative Mineral Resource Assessments: An Integrated Approach Review

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Quantitative Mineral Resource Assessments: An Integrated Approach ReviewThis book is an immensely useful resource for geological surveys and government science units worldwide that provide input to mineral policy development. It is also a valuable reference for exploration managers involved in the strategic planning of future exploration programs. Both these situations require assessing potential financial returns associated with mineral resource potential as well as issues of uncertainty and risk associated with decisions based on scientific interpretation. Cornerstone to such assessments is the integration of geological information and its conversion into a form that can support objective decision-making. This book presents a robust framework that meets this need, focusing on minimising bias and transforming crucial geological information into a form on which decision-makers can base economic decisions.
If you are interested in target generation, this book on its own is probably not what you are looking for, however it provides a companion resource that will give regional context. In an exploration environment that is increasingly recognising the need to integrate information from a range of scales, this book provides a toolkit for the 'big picture'.
The book covers:
- deposit models (descriptive, density, grade & tonnage)
- integration of geology and deposit models to support quantitative economic analysis
- estimating numbers of undiscovered deposits, and
- exploration risk
Each section is well organised. The language is easy to understand, and examples and descriptions are given along with discussion of common errors made in quantitative assessments.
I use this book as a reference when I want to check on process and as a guide for geologists new to regional mineral assessment.
Verdict: 5/5. If you are a geologist involved in mineral resource assessment, brownfields or greenfields, this is a brilliant reference guide to have.
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