Definition of Measured resources, coal

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TeachMeFinance.com - explain Measured resources, coal



Measured resources, coal -- Coal resources for which estimates of the rank, quality, and quantity have been computed, within a margin of error of less than 20 percent, from sample analyses and measurements from closely spaced and geologically well known sample sites. Measured resources are computed from dimensions revealed in outcrops, trenches, mine workings, and drill holes. The points of observation and measurement are so closely spaced and the thickness and extent of coals are so well defined that the tonnage is judged to be accurate within 20 percent. Although the spacing of the points of observation necessary to demonstrate continuity of the coal differs from region to region, according to the character of the coalbeds, the point of observation are no greater than 1/2 mile apart. Measured coal is projected to extend as a belt 1/4 mile wide from the outcrop or points of observation or measurement.




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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