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AUSTRALIAN GUIDELINES FOR THE ESTIMATION …

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 .. 14 7 REPORTING AND DOCUMENTATION OF RESOURCES .. 15 8 16 9 FUTURE REVIEWS .. 16 Figures Figure 1: Relationship between precision and accuracy .. 8 Figure 2: Relationships between Inventory Coal, Resource and Reserve Classifications.

AUSTRALIAN GUIDELINES FOR THE ESTIMATION AND CLASSIFICATION OF COAL RESOURCES 2014 EDITION Prepared by the Guidelines Review

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