Analysis of the reserves estimation results for the Gerfed gold deposit

The article deals with the geology and metallurgic ore types of the Gerfed gold deposit in the Krasnoyarsk Territory. The main aspects of the geological exploration and results of reserves estimation for a 120-year period of the deposit geological study are given. The economic efficiency of the geological exploration performed has been studied using the method of brining the costs of works in compliance with the current prices of 2011-2012. We have also calculated specific costs and have analyzed the dynamics of the reserves estimation by periods.