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The Resource <strong>Model</strong><br />

• Array <strong>of</strong> cells 12.5km by 12.5km (156.5km 2 ).<br />

• The cells inside <strong>the</strong> 23 blocks form <strong>the</strong><br />

resource base.<br />

• Cell values are estimated from surrounding<br />

stati<strong>on</strong> data using a technique called<br />

Geostatistics<br />

Nodule abundance<br />

Nodule Abundance<br />

T<strong>on</strong>nage <strong>of</strong> nodule<br />

Manganese grade, t<strong>on</strong>nage<br />

Nickel grade, t<strong>on</strong>nage<br />

Copper grade, t<strong>on</strong>nage<br />

Cobalt grade, t<strong>on</strong>nage<br />

Figure 28<br />

Mr. de L’Etoile said that <strong>the</strong> estimated<br />

resources in <strong>the</strong> reserved areas amounted to<br />

5,400 milli<strong>on</strong> t<strong>on</strong>nes <strong>of</strong> nodules, with an average<br />

abundance <strong>of</strong> six kilograms per square metre<br />

based <strong>on</strong> <strong>the</strong> informati<strong>on</strong> available to Geostat<br />

Systems. On <strong>the</strong> basis <strong>of</strong> <strong>the</strong> metal grades that<br />

were provided, those nodules c<strong>on</strong>tained 1,500<br />

milli<strong>on</strong> t<strong>on</strong>nes <strong>of</strong> manganese; 66 milli<strong>on</strong> t<strong>on</strong>nes<br />

<strong>of</strong> nickel; 54 milli<strong>on</strong> t<strong>on</strong>s <strong>of</strong> copper; and 12<br />

milli<strong>on</strong> t<strong>on</strong>s <strong>of</strong> cobalt.<br />

Mr. de L’Etoile observed that not all <strong>of</strong><br />

<strong>the</strong> deposits that c<strong>on</strong>tained those resources had<br />

ec<strong>on</strong>omic extracti<strong>on</strong> potential because <strong>the</strong>y had<br />

to be mined at a pr<strong>of</strong>it. He fur<strong>the</strong>r observed<br />

that, at <strong>the</strong> present time, it was not known<br />

what was going to be c<strong>on</strong>sidered ec<strong>on</strong>omic. As<br />

an example, he said that if a minimum <strong>of</strong> six<br />

kilograms per square metre was required to be<br />

c<strong>on</strong>sidered ec<strong>on</strong>omic, <strong>the</strong>n <strong>the</strong> resources<br />

became 3,200 milli<strong>on</strong> t<strong>on</strong>nes <strong>of</strong> nodules.<br />

Nodule abundance<br />

Figure 29<br />

In relati<strong>on</strong> to abundance, through Figure<br />

29, Mr. de L’Etoile summarized nodule<br />

abundance data for <strong>the</strong> reserved areas in <strong>the</strong><br />

CCZ. He said that <strong>the</strong> magenta cells in <strong>the</strong><br />

figure had <strong>the</strong> highest abundance values, and<br />

<strong>the</strong> blue cells had <strong>the</strong> lowest abundance values.<br />

Block 22 resource<br />

model<br />

The cells are colored according to<br />

nodule abundance in kg/m 2 .<br />

Blue cells have lowest abundance<br />

Magenta cells have highest.<br />

Locally, <strong>the</strong>re is a significant<br />

variability<br />

100 km<br />

Through Figure 30, he summarized <strong>the</strong><br />

abundance values that had been determined<br />

for block 22. Noting that this block appeared<br />

good in terms <strong>of</strong> abundance, he made <strong>the</strong><br />

observati<strong>on</strong> that not all blocks were equally<br />

interesting in terms <strong>of</strong> nodule abundance. He<br />

emphasized that that was <strong>on</strong>e <strong>of</strong> <strong>the</strong> main<br />

benefits <strong>of</strong> having a resource model that could<br />

serve as a guide for areas that were better<br />

than o<strong>the</strong>rs.<br />

Manganese grade<br />

Through Figure 30, Mr. de L’Etoile<br />

summarized <strong>the</strong> data <strong>on</strong> manganese grades in<br />

<strong>the</strong> reserved areas in <strong>the</strong> CCZ. He said that <strong>the</strong><br />

highest grades <strong>of</strong> manganese were shown in<br />

magenta, and <strong>the</strong> lowest grades were shown in blue. He noted <strong>on</strong>ce more that <strong>the</strong> results for block 22 were<br />

very good. He also said that <strong>the</strong> results suggested that, with regard to manganese, <strong>the</strong> blocks in <strong>the</strong> central<br />

regi<strong>on</strong> were better than in <strong>the</strong> o<strong>the</strong>r two regi<strong>on</strong>s (Figure 31).<br />

62 | P age

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