Spring Courses :: Conditional Simulation & Volume Uncertainty in Isatis.neo

June 21 | 1-Day Course | Online

OBJECTIVE

Strengthen your risk assessment skills by learning to implement Isatis.neo simulations on your mineral resource projects.

· Assess the volumetric uncertainty (signed distance).

▪ Identify areas of higher uncertainty and higher probability.

▪ Defining orebody boundaries with precision.

▪ Assist with geological boundary definition.

· Assess the risk of geological volume uncertainty in mine planning.

· Compare the risk given by simulation versus the geological models (wireframes).

COURSE CONTENT

· Concept of Volume Uncertainty

o What is and when accessing the volumetric uncertainty?

o What is signed distance?

· Hands-on Simulation in Isatis.neo

o What is conditional simulation?

o Data pre-processing; gaussian transformation. Gaussian variogram.

o Simulations: run turning bands simulation (TBS).

o Validation.

o Post-processing: Learn how to calculate statistics and uncertainties to aid decision-making.

§ Mean of the simulations, categorical simulation results, and volume risk in mine planning.

PREREQUISITES

It is recommended that participants already have geostatistical knowledge.