Should we use ranges on our publicly reported resource estimates to better reflect uncertainty? In this episode, I sit down with Andy Clay to hear how he sees the world of resource classification and variance in estimations.

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!
Video: https://youtu.be/XylcFyybhUs
LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

0:00: Prelude
5:08: Introducing Andy Clay
7:59: Reporting codes
34:56: Variance towers
56:30: Case study
1:00:10: Concluding remarks on reporting and classification

Rapidly advancing to the highest level of technical management in Tier-1 companies, while raising a family in challenging jurisdictions, Jill Terry also casually trained for a half marathon on the side! If you don’t get inspiration from this conversation, then we don’t know who next to talk to!

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

Video: https://youtu.be/xxEgagv7KCY
LinkedIn: https://www.linkedin.com/company/rsc-mme-ltd
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

Timestamps
1:05 Introducing Jill
7:15 Working in PNG and Laos
17:14 Diversity and inclusion
28:29 Educational Development Tools
36:10 ESG
47:11 Which companies are getting it right?
01:02:15 Corporate Strategy
01:11:25 What’s next for Jill?

The conceptual founder of Leapfrog, Jun Cowan has an abundance of knowledge to share about geological modelling. Jun joins Rene in the Dunedin studio to discuss how he got his start, Leapfrog and his latest paper.

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

Video: https://youtu.be/8-2QPbG-3wg
LinkedIn: https://www.linkedin.com/company/rsc-...
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

Timestamps
1:40 Introducing Jun
9:21 Joining SRK and developing ideas
13:26 Making geological sections
19:39 “Auto Domaining”
23:03 Leapfrog – the journey
31:42 Jun’s paper
39:00 What should not have changed in the software
50:20 Our Responsibility
54:50 Education
1:04:55 Thoughts on the Parker Challenge
1:09:52 Revisiting Jun’s paper
1:12:40 Dealing with the naysayers

Returning to the Measured Podcast, Scott Dunham is joined by Mike Job as both get into domaining with Rene. The trio also discuss the recent AusIMM Mineral Resource Estimation Conference, The Parker Challenge and capturing uncertainty.

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

Video: https://youtu.be/NZWkanK9FWw
LinkedIn: https://www.linkedin.com/company/rsc-...
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

Timestamps
2:11 Introducing Mike and Scott
3:55 The MREC Domaining Session and what was left on the table
13:35 Discussing the term “geological domaining” as opposed to “estimation domaining”
16:20 Boundary analysis
20:20 Are we stuck in the grade shell space?
24:13 Redefining what a “domain” is
25:24 Is domaining an easy target?
31:35 Is domaining essential for sparse data?
34:00 Should domaining be given to the most experienced geo?
41:20 Grade shell effectiveness
45:35 Rene’s theory
48:00 Quantifying uncertainty
53:50 The Parker Challenge and training data
1:00:30 Auto domaining
1:03:30 Bootstrapping
1:07:53 Pertinent components of your model
1:14:45 Capturing Uncertainty
1:21:27 Deposit error margins

How laboratories function is often a mystery to many. Rene is joined by Ben Cooke as they dive into laboratory processes, the Photon Assay, and what is in the pipeline for ALS.

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

Video: https://youtu.be/HDzi0p8hUcM
LinkedIn: https://www.linkedin.com/company/rsc-...
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

Timestamps
2:49 Introducing Ben
5:58 The changes in the industry Ben has seen
11:34 “Points of difference” and working with clients
20:43 Lab audits
25:11 Lab sampling techniques
32:00 The CRM mystery
40:41 Fusion & Assay process
43:09 Photon Assay
50:55 What’s in the pipeline for ALS?

Now retired, Dick Minnitt still remains one of the prominent minds in the field of geostatistics. Dick joins Rene to discuss moving forward in the sampling space, what Dick has been working on in his "retirement' and what SHOULD be done in the lab.

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

Video: https://youtu.be/7NhFfVbeoQ0
LinkedIn: https://www.linkedin.com/company/rsc-...
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

Timestamps
2:32 Introducing Dick
4:45 Is the sampling space moving forward?
8:11 What work needs to be done to grapple with the challenges?
11:52 The counter arguments to Dick's paper
17:40 Who is going to make the change?
23:35 The grouping and segregation error
32:00 The rice experiment and proving Dick's theory
35:51 Ripple versus Core splitter
40:50 Introducing additional variance
49:20 What Dick has been working on
58:15 What is on Dick's mind?

Rene and RSC General Manager – Geoscience Dr Michael Gazley take a look at the data quality management system for Portable XRF, including the quality of data the instrument produces, Quality Control and pXRF versus laboratory data. #measuredpodcast

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

Video: https://www.youtube.com/watch?v=9WSozN7W2Lw
LinkedIn: https://www.linkedin.com/company/rsc-...
Instagram: rsc_gram
TikTok: rsc_tiktok

0:34 Introducing the pXRF and the quality of data
2:14 What is the purpose/objective?
4:26 The QA/QC sample does not exist
8:21 Quality Control
12:43 Sensible performance
15:25 Variance of the system
17:52 Controlling the data set
20:35 Accuracy, precision and correcting for bias
22:40 pXRF vs laboratory data
25:20 Avoiding bad data
26:30 Reporting data to JORC
28:44 The future of pXRF and reporting data

Collaboration is very topical in the industry right now. Rene is joined by Great Boulder Resources Managing Director Andrew Paterson, as the two get into collaboration, competitiveness and being different in the industry.

Measured is RSC’s podcast series, with RSC Managing Director and Principal Consultant René Sterk conversing with a range of industry personalities. Expect a range of talking points, many with a technical theme, but also some of our industry friends sharing anecdotes about their career in the mineral exploration and mining sector and thoughts on some of the issues the industry faces.

Please enjoy, and don't forget to follow RSC on all our social media platforms!

YouTube: https://youtu.be/nQSzF1621DY
LinkedIn: https://www.linkedin.com/company/rsc-...
Instagram: rsc_gram
TikTok: rsc_tiktok

#measuredpodcast

Timestamps
1:48 Introducing Andrew
5:55 Great Boulder Resources
9:00 Generalists vs Specialists
10:30 Collaboration
12:19 CEO Network
17:00 Competitiveness in the industry
19:40 Being "Different"
23:50 The next generation of CEOs
29:40 Andrew's involvement in other groups