RSE3020 · Resource estimation

Overview

The mineral inventory of a company is quantified through resource or reserve estimates with associated error levels that, in many cases, are unknown. The estimation procedure used by a geologist or engineer should incorporate efforts to minimise errors and assumptions at every level of decision. This unit focuses on resource and reserve estimation of mineral ores and hydrocarbon deposits, with particular focus on the influence of the in situ geological conditions. You will learn the basics of resource and reserve reporting with particular reference to applicable industry codes. Resource modelling will be taught through computer applications with special consideration of geostatistical techniques.

Areas of study: Minor: Mining engineering

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment: 50% Final assessment: 50% This unit contains threshold hurdle requirements that you must achieve to be able to pass the unit. You are required to achieve at least 45% in the total continuous assessment component and at least 45% in the final assessment component. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

Learning outcomes

1. Appreciate the difference in sampling methods applicable for various resource types.
2. Construct resource models from exploration datasets using industry standard software tools.
3. Apply different statistical and geostatistical tools and techniques for evaluating the grade and tonnage of mineral resources.
4. Assess the merits and drawbacks of various estimation methods relevant to deposit type and quantify the uncertainty and risk associated with different estimation techniques.
5. Generate resources and reserve reports using applicable industry codes.

Workload

The minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of 3-6 hours of scheduled learning activities and 6-9 hours of independent study per week. Scheduled activities may include a combination of teacher-directed learning, peer-directed learning and online engagement. Independent study may include associated readings, assessment and preparation for scheduled activities.

Student experience, not official rules. Nothing here changes what the Handbook says.