Suggested Guidelines for Reporting on the Geothermal Potential of a Prospect

Abstract

The concept, estimation and terminology for defining ore reserves in the mining industry have become better based in recent years. They are now usually disclosed under the following categories: ve Prospect. In the past, few have used equivalent terms when describing geothermal potential and even those that have done so give only limited descriptions to their definitions. many cases overly optimistic figures have been presented with little or no justification. hope of encouraging development, the reverse has often been the case, due to the uncertainties inherent in such inflated estimates. While this may have been in the It is suggested that defining estimates of geothermal potential in a satisfactory manner is no different to that for any mineral resource. It follows that if similar guidelines to those demanded for the mining industry are accepted, greater confidence in geothermal developments will result.