The course content addresses the following topics:
- Understanding of how to model and quantify orebody evaluation risk, integrate into mine planning and mineral project valuation.
- Examples at different stages of a mining project.
- Application of sequential gaussian simulation models, concepts and applications for the mining industry.
- Illustration of how geostatistical techniques provide the means to assess orebody grade and tonnage variability in the context of risk assessment and maximum profitability, and in various stages of a mining project.
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