Home > Terms > English, UK (UE) > Inferred mineral resource
Inferred mineral resource
That part of a mineral resource whereby its quantity, grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Mining
- Category: General mining
- Company:
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- Acronym-Abbreviation:
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