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Solid Mineral Resource Estimation

Ensuring Verified Quantity and Quality Appraisals of Mineral Assets

Performing mineral resource estimations compliant with international reporting standards, classifying reserves and resources, and preparing audit-ready technical reports for investor and stock exchange presentations.

Key Challenges Addressed by Solid Mineral Resource Estimation

01

Unclear or Overstated Resource Claims

Execution of precise mineral quantity and grade estimations — ensuring reliable mine planning and risk mitigation.

02

Resource Classification Complexities

Classification of mineral resources and reserves strictly compliant with recognized international codes (JORC / NI 43-101 / SAMREC / KAZRC).

03

Planning and Cost Management Inefficiencies

Substantiated technical calculations that optimize exploration budgets, phase sequencing, and operational expenditure.

04

Investor Distrust and Capital Barriers

Compilation of audit-ready technical reports matching global regulatory standards — enhancing transparency and institutional investor confidence.

How is the Solid Mineral Resource Estimation Process Conducted?

Precise and verified resource estimations are conducted in compliance with international reporting codes (CRIRSCO: JORC, NI 43-101, SAMREC, KAZRC).

The process encompasses 4 core stages:

  • Data Aggregation and Synthesis — assembly and validation of geological mapping, drilling logs, geophysical survey records, and laboratory assay results to build an integrated deposit framework;
  • Quantity and Grade Estimation — spatial analysis and geostatistical modeling of grade distribution within mineralized envelopes using advanced digital 3D block models;
  • International Resource Classification — categorization of mineral assets into Inferred, Indicated, and Measured Resources based on geological confidence and QA/QC compliance;
  • Technical Reporting and Strategic Recommendations — compilation of audit-ready technical reports containing resource estimates, classification metrics, and risk-mitigated strategies for asset progression.

The Result — Clients receive a comprehensive Technical Report detailing all resource estimation parameters, formal resource categories, and strategic recommendations for subsequent mine planning and development phases.

Early-Stage Exploration Optimization

Solid Mineral Resource Estimation — Substantiated decision-making, investor transparency, and technical confidence at every stage of mineral exploration.

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Key services

01

Geological Due Diligence

02

Project audit and evaluation

03

Planning of geological exploration work

04

Solid mineral resource estimation

05

Inventory counting in accordance with international standards

06

Feasibility study in accordance with the CRIRSCO standard

The Importance of Mineral Resource Estimation

Mineral resource estimation serves as a pivotal instrument for executive decision-making and capital allocation in subsoil management. It establishes the baseline for downstream exploration strategy, defines the economic viability of deposit development, and instills institutional investor confidence.

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Raw assay records and drilling logs alone are insufficient — precise data synthesis, spatial interpolation, and robust 3D geological modeling are required to substantiate resource tonnages and grades. Errors at this stage risk inflated asset valuations, capital misallocation, and flawed investment frameworks.

GeoJet Group executes mineral resource estimations in full alignment with international standards (CRIRSCO: JORC, NI 43-101, SAMREC), securing global reporting recognition and absolute audit transparency.

Key Challenges Addressed by Resource Estimation

In practice, mining companies frequently encounter typical operational and technical hurdles.

Ambiguous or Overstated Resource Claims

A primary challenge involves unverified or inflated estimates. Rigorous quantitative and qualitative resource evaluations audit raw data integrity, eliminate double-counting, and rectify calculation errors — reducing overall geological risk and grounding resource forecasts in verified reality.

Resource Classification Challenges

Subsequent to thorough data assembly and verification, mineral resources are categorized in strict compliance with international reporting standards (CRIRSCO: JORC, NI 43-101, SAMREC, KAZRC). Transparent classification establishes clear levels of geological confidence (Inferred, Indicated, Measured), eliminating reporting ambiguities and streamlining technical discussions with institutional investors, stock exchanges, and regulatory bodies.

Planning and Cost Management Inefficiencies

Resource estimation incorporates potential extraction volumes and economic modeling, enabling clients to optimize budgets and structure subsequent exploration phases with confidence.

Investor Distrust and Capital Barriers

Compilation of technical reports matching international regulatory standards elevates project transparency, making asset performance metrics clear and audit-ready for financial institutions and prospective joint-venture partners.

Approach and Methodology

Mineral resource estimation is executed through a structured, multi-phase framework designed to deliver objective, verifiable, and audit-ready results.

1. Data Aggregation, Audit, and Synthesis

The initial stage focuses on the collection and thorough auditing of geological maps, drilling logs, geophysical survey data, and laboratory assay records. Key emphasis is placed on Quality Assurance / Quality Control (QA/QC) verification — assessing sampling methodologies, assay laboratory protocols, and spatial coordinate integrity. This process yields a standardized, database-ready platform for subsequent 3D subsurface modeling.

2. 3D Spatial Modeling and Geostatistical Estimation

Spatial distribution of target mineralization within domain envelopes undergoes rigorous geostatistical analysis. Utilizing 3D block modeling and variography-guided interpolation techniques (e.g., Ordinary Kriging, Inverse Distance Weighting), wireframe boundaries of mineralized zones are delineated to establish precise volume and grade calculations.

3. International Resource Categorization

Following 3D spatial interpolation, mineral resources are classified into Measured, Indicated, and Inferred categories based on geological continuity, data density, and confidence thresholds under international reporting codes (CRIRSCO: JORC, NI 43-101, SAMREC, KAZRC). Where required, resource matrices are reconciled with national classification frameworks.

4. Technical Reporting and Strategic Roadmap

The final deliverable is an audit-ready Technical Report complete with resource statements, grade distribution plans, cross-sections, block model visualizations, and structured documentation. Concluding sections provide actionable strategic recommendations to optimize downstream exploration, mine planning, and metallurgical testing.

Client Deliverables and Business Impact

Upon completion, the client receives a detailed, audit-ready Technical Report containing:

  • Quantitative tonnage and qualitative grade resource calculations;
  • 3D geological deposit block models and comprehensive mapping packages;
  • Mineral resource classification fully compliant with international reporting codes (JORC / NI 43-101 / SAMREC / KAZRC);
  • Strategic recommendations to optimize downstream exploration workflows and mitigate operational risk.

An independent resource evaluation by GeoJet Group delivers a verified baseline for high-stakes strategic, technical, and capital management decisions.

Key Advantages of GeoJet Group's Approach
  • International Standards & Transparency: Full compliance with recognized reporting codes (JORC / NI 43-101 / KAZRC) using fully traceable and transparent valuation methodologies.
  • Multidisciplinary Data Integration: Seamless synthesis of geological, geophysical, geochemical, and satellite remote sensing (RS) datasets into unified subsurface models.
  • Mathematical Precision & Reproducibility: Rigorous geostatistical algorithms ensuring exact, reproducible tonnage and grade calculations.
  • De-risking Exploration Assets: Strategic reduction of geological uncertainties and technical-investment risk profiles.
  • Proven Global Track Record: Hands-on operational experience across diverse geological settings in Kazakhstan, Central Asia, Africa, and Eurasia.

Conclusion

Solid mineral resource estimation is a strategic instrument that defines the trajectory of a mining asset. Accurate and independent evaluation enables companies to structure long-term growth, secure capital investment, and build operational resilience.

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GeoJet Group guarantees rigorous data integrity, full compliance with international reporting codes, and high-precision analytical performance.

Our technical reports are recognized across the global industry, delivering a verified baseline for decision-making at every stage of the mining lifecycle — from early-stage exploration through to commercial deposit exploitation.

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