21. The Philosophy of Resource Estimation

For the average exploration geologist, resource estimation may appear a bit of a nebulous process, disconnected from the early stages of drilling and discovery. On this week’s episode we try and bridge the gap between the first drill hole into a project and the associated estimation process.First, we talk to Jacqui Coombes (CEO of AMIRA and based in Perth, Australia). Jacqui introduces the fundamental concepts that underpin resource estimation; breaking down complex ideas into simple terms. She also describes the qualitative side of the process, emphasizing the value of good geology, good communication and logic in any resource estimation.Our next guest, Rene Sterk (managing director at RSC Consulting and based in Dunedin, New Zealand) tells us why the exploration geologist should care about resource estimation. He describes the importance of the mining value chain as a whole, and how the data collected early on in a project can be critical to understanding an orebody.Theme music is Confluence by Eastwindseastwindsmusic.comCome join us in Salt Lake City, Utah for SEG 2026, September 30th to October 3rd. You can expect world-class technical content, including iconic ore deposits and the geological processes of North American Cordillera. The program balances applied case studies, framework geology, and technological innovation. The conference offers a unique opportunity to connect, learn, and help shape the future of economic geology. See you there.