Upon successful completion of the course, students should be able to:

• Evaluate a mineral resourse using different drill hole interpretation techniques
• Determine the amount and grade of an ore reserve using conventional and geostatistical methods.
• Create variograms of ore grades and thickness
• Create ore reserve block models and make ore grade estimations using software packages.
• Draw cash flow diagrams and find present value of an investment
• Measure the worth of an investment and compare different investment alternatives
• Make depreciation, depletion and tax analysis of investments
• Make break-even and sensitivity analysis of investments