Estimation of analogy error and delineation error when calculating mineral reserves

Abstract

The arithmetic average method, being the simplest, is widely used in calculating reserves based on exploration data, as well as in surveying production at existing enterprises. The method gives more accurate results when exploration workings are evenly distributed. The last circumstance is one of the conditions for its applicability. The article analyzes the issues of comparative accuracy of calculating reserves using various methods and comparative accuracy of calculating the volume and reserves of ore or metal.