Prediction of Mineral Reserve by a combination of Geophysical and drilling data, using the Regression, Cokriging, and ANN Algorithms in Mesgaran Copper Deposit, Iran
DOI:
https://doi.org/10.17794/rgn.2026.5.2Keywords:
Reserve Estimation , Induced Polarization (IP) , Artificial Neural Network (ANN) , GeostatisticsAbstract
During the feasibility studies of a mining project, an economic predictive model must be established to evaluate the profitability of the mineral deposit. In this research, three economic models were established using the regression, Cokriging, and ANN techniques to determine whether the mineral production in the Mesgaran copper deposit is profitable or not. The Mesgaran deposit is located in the central part of the South Khorasan province, Iran. The induced polarization (IP) and electrical resistivity tomography (ERT) data were assigned as the input parameters while the copper grade was set as the output variable. The results of those economic predictive models were compared with an actual model obtained from twelve boreholes drilled after the feasibility study phase. Based on the conducted analyses, it was found that the IP data is better suited than the ERT data for constructing the 3D economic model of the copper deposit. In addition, all three predictive models estimated the mean copper grade nearly equal to 0.15%. Nevertheless, a significant discrepancy was revealed in their predicted tonnage and profit values for the deposit. Overall, it was deduced that the usage of ANN algorithm in the economic evaluation of mineral resources provides more accurate, reliable estimations. The results of this research can be utilized in successful financial analysis of mining projects.
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Copyright (c) 2026 Kamran Mostafaei, Hamidreza Ramazi, Mohammad Zamani Ahmad Mahmoudi , Mitra Khalilidermani, Dariusz Knez

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