Last modified on: Dec. 14/ 06


Mineral Resource Assessment

Purpose

The assessment of resource values is an important government responsibility as communities attempt to balance environmental goals with responsible development initiatives. In Yukon, land is under increasing pressure from competing and commonly conflicting interests. Mineral Resource Assessments provide a scientific perspective on mineral potential for a variety of land use planning processes.

The purpose of a Mineral Resource Assessment is to estimate the relative mineral potential of an area before making land use decisions that might affect the amount and type of activity permitted in that area. Incorporating essential information on mineral resources within a multidisciplinary approach to planning contributes to informed and balanced decision making. Potential conflict may be avoided and conservation objectives may be met while still preserving access to resources.

Mineral Resource Assessments evaluate the potential of a region to host mineral deposits and are based on the compilation of the best available geological data. A panel of professional geologists estimates the resource potential of different tracts of land, based on characteristics of individual mineral deposit types. A mineral potential map displays the results of the assessment by showing the relative mineral potential of different parts of the area under study.

Methodology

Mineral assessments in Yukon are done using a similar method to that used by the British Columbia Geological Survey and United States Geological Survey and are designed to assess potential for more than 40 different types of metallic and industrial minerals including coal. Many of these mineral deposit profiles are available for download. Potential for oil and gas resources are assessed in a separate process.


Figure 1. North Yukon mineral assessment 2004.

Assessments consist of: (1) compilation of available geoscientific data and pertinent mineral deposit models; (2) identification of gaps in the geoscientific database; (3) additional fieldwork and final data compilation; (4) definition of areas of similar geology called tracts; and (5) evaluation of individual tracts by a panel of professional geologists. Evaluations of a tract are estimates of the probability for the occurrence of one or more mineral deposits of a specific size and type in the tract. One or more of the geology, the type of mineral showings, the geochemical signature or the geophysical signature may indicate a favourable environment for the occurrence of a specific mineral deposit type in the tract.

Assessments are done on regional and detailed scales. The methodology is similar for both scales, up until the final assessment stage. For regional assessments, evaluations are entered into a Monte Carlo simulator program and converted to probability graphs. The program then combines the estimates with grade and tonnage data for one or more specific mineral deposit types to predict the amount of individual commodities and thus the total value of the mineral esources in that tract. This value is highly speculative and will never be realized by future mineral development, but can be effectively used to compare one tract to another. For detailed assessments, panelists rank the tracts with respect to one another without the probabilistic estimation. The final product is an overall relative ranking of the tracts displayed as a mineral potential map.


Figure 2. Mineral potential map of the North Yukon planning region.

Limitations

Mineral assessments are based on the best geoscientific information available at the time of the study. Assessments must be revised as knowledge of the geology of an area and the types of mineral deposits that could occur within that area improves. This type of study represents a "best estimate at the time" on resources that are hidden in the ground and cannot be quantified. Conclusions derived from such a study are only as sound as the data that are available for the evaluation.

Projects

Six regional-scale assessments have been conducted to date, which cover the entire Yukon with the exception of a region in southwest Yukon that includes Kluane Park. Currently, regional assessments are in progress for two large areas in North Yukon to provide accurate mineral potential data for regional land use planning processes. Detailed or site-specific assessments are complete or in progress for several existing and proposed Special Management Areas.

Conclusions

Mineral potential maps provide a comparative ranking of an area that reflects current thinking on geological favourability for specific mineral deposit types. Maps are derived by a sound, scientifically rigorous and reproducible method that supports the land-use planning process by providing decision-makers with factual information on existing and potential mineral resources. The mineral assessment process is recognized and used in other jurisdictions to assist land-use planning.

For more information on MRAs, please contact: Lee Pigage