Understood Mineral Resources
Precise & Accurate. Pragmatic. People-Oriented.
About Us
Understood Mineral Resources Ltd. is a geological and geostatistical consulting firm that blends operational expertise with advanced academic training to deliver high-quality resource models and statistical products on business-driven deadlines. By combining rigorous science with practical industry insight, we ensure that every model we deliver is both technically defensible and pragmatically useful.
Our People, Our Practice
Our Team
Our team includes graduates of the Centre for Computational Geostatistics at the University of Alberta and experienced registered professional geologists. Collectively, we have industry experience across a wide range of commodities and geologic environments, including rare earth deposits, Cu-Au-Ag porphyry systems, high-sulphidation Au-Ag vein systems, low-sulphidation bulk-tonnage Au systems, volcanogenic massive sulphide deposits, and unconformity-hosted uranium. This breadth of expertise allows us to deliver technically sound models with experience-driven insight, grounded in ethical integrity and a deep respect for the natural sciences.
Consulting
We pride ourselves on offering faster turnarounds than larger, more costly consulting firms, while maintaining a higher degree of capability and attention to detail than is often found in smaller practices. We take on work that matters, communicate results clearly, and deliver outcomes that stand up to both technical scrutiny and operational application. True to our name, we not only understand the science—we ensure our clients fully understand the solutions we provide.
Products & Services
A high-level summary of our product offerings is listed below. The list is not considered exhaustive, and our offerings will evolve as the company grows:
Preparation and/or audit of NI 43-101 and other international reporting codes (JORC, S-K 1300, SAMREC, etc.) for disclosure of Mineral Resources;
We will prepare the entire report for Initial Mineral Resources, and source multidisciplinary teams to fullfill the requirements of a Preliminary Economic Analysis, Preliminary Feasibility Study, and Feasibility Study.
Geologic interpretation and three-dimensional modelling
Deterministic resource modelling (kriging)
Conditional simulation to quantify resource uncertainty
Development and implementation of custom geostatistical workflows for specific sites, including both short- and long-term models
Probabilistic drill hole spacing studies to evaluate uncertainty in relation to drill spacing and mine planning
Independent technical reviews of mineral resources
Mentoring and training of geologists in advanced geostatistical techniques
Process development and handover for advanced projects or operating mines
Validation and correction of historical data
Audit of QA/QC processes and results
Market research for analogue deposits to create a risk and opportunities database for advancement of client’s deposit.
Why Clients Choose Understood
Our ultimate goal is to empower clients with reliable, transparent, and fit-for-purpose models that help guide exploration, evaluation, and production strategies. As our company grows, our service offerings will continue to expand, but our commitment to quality, pragmatism, integrity, and stakeholders will remain constant.