inferred ore

inferred ore

[in′fərd ′ȯr]
(mining engineering)
An ore whose estimate of tonnage and grade is based largely on knowledge of the deposit's geological character and to a lesser degree on samples and other data.
References in periodicals archive ?
Sydney, Australia, Feb 27, 2012 - (ABN Newswire) - Gold Anomaly Ltd (ASX:GOA) is pleased to report that recent 3-D modelling of the maiden resource inferred ore body at the Nevera Prospect, Crater Mountain, PNG, has identified two vertically stacked irregular sub-horizontal sheets of high grade gold mineralisation within the resource.
3 tonnes of inferred ore behind that could be produced by reduction of cutoff and extension to mine life should metal prices increase.
Based on a subsequent report in October 2010, estimate of total resources for blocked out, assayed and geologically inferred ore, the potential valuation for the eight mining claims is $6.
The company now has a drill on location as it believes additional drilling should successfully convert most of the inferred ore blocks to proven ore reserves and substantiate the indicated mineral trends.
It is believed that an inferred ore resource could be calculated for the principal El Capitan deposit in this manner.
The company has engaged the services of a drilling company as it believes additional drilling should successfully convert most of the inferred ore blocks to proven ore reserves and substantiate the indicated mineral trends.
The primary objectives of the drilling program were to further develop the down dip extension and the southern extension of the ore body and to reclassify within the current open pit design, inferred ore tonnes to measured and indicated category for incorporation into the feasibility study.
Inferred ore within the pit has been significantly reduced to less than 1.
Within the overall stripping requirements of 182,476,650 tonnes are contained 1,347,000 tonnes of inferred ore grade material containing 286,000 gold equivalent ounces.
BULLETIN BOARD: GAXY) today confirmed that it is in negotiations for a possible joint venture agreement on the Cleopatra Gold Project that may contain an inferred ore reserve of 50 Million Tons.
Gold and Minerals stated the report will show that the property has approximately 65 million tons of proven, indicated and inferred ore.
Further drilling will be completed at Cerro Casale early in 1999 to define the southwest and northwest zones and to convert more inferred ore into the measured and indicated categories.