Defining the Value and Viability of Your Deposit
A credible Resource and Reserve estimate is the most valuable asset for a mining project, forming the basis for financial valuation, mine planning, and investment decisions. This requires a rigorous geological and statistical analysis of exploration data, all performed in compliance with internationally recognized reporting codes such as JORC (Australasia), NI 43-101 (Canada), or SAMREC (South Africa).
BQCIS provides independent advisory services and Qualified Person (QP) / Competent Person (CP) support for resource and reserve modeling. Our team of experienced geologists and mining engineers validates your exploration data, performs advanced geostatistical analysis, and constructs robust 3D block models of your orebody.
We assess the "reasonable prospects for eventual economic extraction" by applying appropriate modifying factors (mining, metallurgical, economic, legal, environmental) to convert Mineral Resources into bankable Mineral Reserves. Our independent reports provide the high-confidence assurance that investors, stock exchanges, and financial institutions require.
Key Modeling & Estimation Activities
Key Benefits of Resource & Reserve Modeling
Confidence in Resource Estimates
Independent, code-compliant modeling ensures transparent and defensible resource statements aligned with investor and regulatory standards.
Informed Investment & Planning Decisions
Delivers reliable data for capital planning, mine scheduling, and financial modeling — reducing uncertainty in project development.
Reduced Technical & Financial Risk
Identifies variability, data gaps, and potential bias in early modeling stages, enhancing confidence in decision-making and feasibility outcomes.
Global Standard Compliance
Meets JORC, NI 43-101, and SAMREC reporting codes — ensuring technical reports are globally recognized and investor-ready.
Success Story
Independent NI 43-101 Report Secures Project Financing
A mining developer required a credible NI 43-101 Technical Report to attract investors for a large-scale copper project.
BQCIS assigned Qualified Persons (QPs) to validate geological databases, conduct block modeling, perform economic analysis, and update Mineral Reserves using the latest standards.
The independent report provided investor assurance, enabling successful capital raising exceeding $200 million and project advancement to the construction phase.