Geological uncertainty affects mining material supply (material types and grades), and can be quantified using geostatistical simulations. This presentation will provide an overview of modern simulation techniques used to characterize geological, grade, and geometallurgical uncertainties.
Categorical simulation techniques can be used to assess tonnage uncertainty across different types of deposits, while continuous simulation methods capture complex multivariate relationships between grade and geometallurgical variables.
Simulated Mineral Resource models offer broader applications than traditional deterministic estimates, including optimizing drilling locations and providing quantitative support for Mineral Resource classification.
They also serve as key inputs for a new generation of mining optimization technologies, enabling more effective management of material supply risks in strategic mine planning.
This webinar is sponsored by KPI Mining Solutions.
