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The main cut-off parameter that determines the quality of iron ore resources and reserves is Fe cut-off grade. We often use the content of iron associated with magnetite for BIF deposits. The purpose of the study is to define the method of optimal values selecting for Fe cut-off grade. This value for resources calculation should be acceptable and effective, both for the owner of the subsoil resources, and for mining enterprises. It is proposed a method for choosing the optimum values of cut-off grade Fe in evaluat...