Technical-Economical Formulation and Evaluation of Mining Deposits

The technical-economical formulation and evaluation of mining deposits should fundamentally take into account the ensemble of the geological information, mining and metallurgic and those of engineering. Most of which should be obtained in the same deposit or center of operation; this provides to be advantageous since at the same time geological exploration of the field and other jobs of engineering that would be necessary can be accomplished.

Therefore, the trust and utility of a formulation and evaluation, depend totally on the resources and exactitude of the data given and exactitude of the date presented and the capacity of the professionals who are the ones that use the information to carry out interpretations, designs and calculus to determine if the acquisition of a mining property and/or the execution of the project are justified.

Often times evaluations are done that are very superficial and preliminary with lacing date of engineering and geology based on suppositions that in general lead to making the wrong choices.

The combination of information and analysis that are needed to decide the execution of a project, its turn down or postponement should be developed at a grade in detail that allows to indicate the preliminary actions before its implementation.