EP 158 | Part 5 of 7: Understanding Uncertainty in Mineral Resource Estimation

EP 158 | Part 5 of 7: Understanding Uncertainty in Mineral Resource Estimation

In this episode of Fresh Thinking by ‪@SnowdenOptiro‬, Susan Havlin and Ian Glacken discuss uncertainty in mineral resource estimation and how Localised Conditional Simulation (LCS) provides a more practical framework for analysing geological risk and variability. The conversation explores:

  • Conditional simulation and uncertainty
  • Resource classification
  • Simulation versus kriging
  • Risk-qualified mine planning
  • Why preserving variability matters

Listen now to learn how modern geostatistical approaches are shaping the future of resource estimation.

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Jaksot(158)

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16 Huhti 201912min

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Quality Assurance and Quality Control, or QAQC, encompasses a range of controls that ensure accurate results in sampling. In this part 2 of the two-part series on QAQC, Optiro's Director of Geology Ia...

2 Huhti 201915min

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Quality Assurance and Quality Control, or QAQC, encompasses a range of controls that ensure accurate results in sampling. In this part 1 of the two-part series on QAQC, Optiro's Director of Geology Ia...

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