Ep 109: Part 2 - Resource Classification in Practice

In this episode of Fresh Thinking, Senior Consultant Dr Gregory Zhang and Executive Consultant Ian Glacken explore more advanced mineral resource classification methods. Building on Part 1, they discuss the widely used 90/15 approach, delve into the role of scorecards, and discuss how classification should go beyond drill spacing alone. A practical conversation for geologists, resource modellers, and anyone involved in technical reporting.  This podcast at a glance:  00:45 – What is the 90/15 approach and how is it applied? 02:50 – Production volumes and how they link to confidence levels 05:00 – Why drill spacing alone isn't enough 06:50 – Conditional simulation and its role in classification 07:55 – Introduction to the scorecard method 10:50 – Strengths and subjectivity in the scorecard approach 11:45 – Real-world case study applying 90/15 and scorecards 13:00 – Final thoughts on classification beyond simple metrics If you would like to contact Ian and Gregory: [email protected] 🔔 Subscribe for more Fresh Thinking about the mining industry. This video version of this podcast is available on Snowden Optiro YouTube channel. Snowden Optiro is a resources consulting and advisory group that provides independent advice, consulting and training to mining and exploration companies, their advisors and investors. We help mine developers to advance their projects, mining companies to improve their operations and their professionals, and investors to de-risk their investments by the provision of quality advice, training and software in the field of Mineral Resources and Mineral/Ore Reserves. Find out more at: https://snowdenoptiro.com Training: https://snowdenoptiro.com/professiona...