Transcription of AUSTRALIAN GUIDELINES FOR THE ESTIMATION …
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AUSTRALIAN GUIDELINES FOR THE ESTIMATION AND CLASSIFICATION OF COAL RESOURCES 2014 EDITION Prepared by the GUIDELINES Review Committee on behalf of the Coalfields Geology Council of New South Wales and the Queensland Resources Council Contents 1 PREFACE .. 1 2 SCOPE .. 1 3 GLOSSARY .. 2 4 DATA 4 Points of Observation .. 4 Supportive Data .. 4 5 ESTIMATING RESOURCES AND ASSESSING CONFIDENCE .. 5 Overview .. 5 Critical assessment of relevant local, geographical and geological settings .. 5 Identifying critical data .. 6 Data analysis, error and verification .. 6 Domaining .. 9 Statistical analysis .. 9 Geostatistical analysis .. 10 Geological modelling .. 11 6 REASONABLE PROSPECTS .. 12 Inventory Coal .. 12 Coal Resources.
AUSTRALIAN GUIDELINES FOR THE ESTIMATION AND CLASSIFICATION OF COAL RESOURCES 3 Term Definition and usage Confidence Confidence in Resource classification refers to the assessment of the critical data for a coal deposit and likely variation in the resource estimate following additional exploration.
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