Grade estimation is the cornerstone of long-range mine planning. Pit designs, metal recovery, mining costs, reserves calculations and reporting are all dependent upon a reliable grade model. If the geology is poorly understood or the interpolation methods and parameters have been haphazardly constructed, then massive financial losses will be the inevitable outcome. Therefore, a properly trained geologist must use all of the appropriate tools available including deposit knowledge and advances in modeling technology to construct the most geostatistically and practically sound long-range block model.
