Geoscience Reference
In-Depth Information
Fig. 12.1
Multiple
realizations represent a model
of uncertainty of the original
variable, while an estimated
map does not have an attached
uncertainty model
Risk considers the impact of uncertainty on the applica-
tion being assessed. The concept is summarized as a “Trans-
fer Function” (TF, Matheron
1976
), which conceptualizes all
processes required to obtain the final product. For example,
the TF can represent a pit or a stope optimizer and a produc-
tion or mine scheduler, used to define mineable reserves. If
the uncertainty model is carried through the TF, then the risk
of not delivering to the mill the expected number of tons
