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With commodity prices rising again and market conditions stabilizing, the Metals Economics Group (MEG) found that most mining companies increased their exploration budgets in 2010. In the groups 21st edition of the Corporate Exploration Strategies (CES), MEG found a 44-percent rise in the estimated worldwide exploration total for 2010. MEG found that the estimated total 2010 budget for nonferrous metals exploration reached $12.1 billion, reinstating almost two-thirds of the industry?s $6 billion in cuts to exploration in 2009. Nonferrous exploration refers to expenditures related to precious and base metals, diamonds, uranium and some industrial minerals; it excludes iron ore, aluminum, coal, and oil and gas. In 2008, exploration budgets were at an all-time high of $14.4 billion. This capped a six-year run in which budgets rose. In 2009, nonferrous exploration budgets dropped 42 percent in 2009 as the global economic crisis and declining prices for almost all commodities took their toll on the industry. Metals prices - the primary driver of exploration spending - have improved markedly since bottoming in early 2009, and have traded well above their long-term trends throughout 2010. In response, major, intermediate and junior companies have all increased their aggregate exploration allocations in 2010. In particular, the significant improvement in the availability of equity financings for the juniors over the past 12 to 18 months has allowed this group to account for the largest share of the overall increase in exploration spending this year.

Jan 1, 2011

Energold Drilling Corp. is a leading specialty drilling company servicing the mineral and energy sectors in the Americas, Africa and Asia. Energold specializes in mineral exploration in remote locations with limited infrastructure. Such locations require the smallest footprint possible going in, leaving as little or no evidence on their way out. Energold?s rigs can be transported by helicopter or manually on footpaths as narrow as 1 m (3.3 ft). They set up quickly and then are struck and packed out, with any sign of their presence quickly disappearing behind them. Energold has teamed up with Atlas Copco and its team of engineers in North Bay, Ontario to design small rigs capable of drilling to a variety of depths, as required for each project.

Jan 1, 2013

By Massimo Guarascio

Computer data processing and ore reserve evaluation techniques, mainly based on geostatistical methodologies, have been developed at Agip Mining Division with the assistance of the Department of Mining Engineering of the University of Rome. A number of computer programs are available when facing problems such as optimization of sampling patterns, minable reserve estimation, grade control of output, and so on. In the present paper, the aims and the criteria followed in developing these programs are discussed. Some recent examples of application are also cited.

Jan 1, 1977

Chile, which hosts around 30 per cent of the worldÆs copper resources, is now the largest producer and exporter of copper. Chilean copper output accounts for more than one-quarter of total worldwide production. An increase to around 40 per cent is forecast by the end of the century. In addition, Chile ranks eighth in silver production and 11th in gold output. In Chile, mining generates more than eight per cent of the countryÆs GDP and the total value of mineral exports is more than US $7.85 billion corresponding to more than 25 per cent of South AmericaÆs mineral production. The rate of growth of Chilean mineral production is indeed impressive. Table 1 shows that in the period 1969 - 1998, copper annual production increased 564 per cent from 667 000 t to 3 764 000 t. Gold production went up 27 times from 1827 to 49 770 kg. Silver output grew 1219 per cent from 95 650 kg produced in 1969 to 1 166 380 kg in 1998. Several facts explain this dramatic increase of production, but the most important was the success of exploration sustained over the same period. This resulted in the discovery of several world-class deposits which when developed into mines, account for much of the production increases. Therefore, this summary review shows the success of basic exploration carried out during the last 30 years in the Chilean territory. The review is based on data already published in different specialised mining books or magazines. It only includes those world-class discoveries not the lesser discoveries important at local scale. All figures were calculated using 1998 $US dollar and average estimated metal prices valid for 1999: copper $US 1653 per t ($US 0.75 per pound), gold $US 9452 per kg ($US 294 per ounce) and silver $US 177 per kg ($US 5.5 per ounce).

Jan 1, 1999

By Loris S. Pascoli

The increased pace of globalization in the mining industry has presented more opportunities for Canadian service companies to participate in ventures abroad. However, varying cultures, laws, competitive environments and contracting philosophies in other countries make it impossible to take for granted what is normal in the Canadian context. The author discusses some of his experiences and situations encountered in over 30 years in the diamond drilling industry, the last third of which were primarily focused on projects outside of this country.

May 1, 2001

By Russell Webster

In having maintained production for more than 40 years Arizona's Magma mine is unique in a mineral district that includes several major copper mines. Other past and present producers in this area are Miami and Inspiration at Miami, the Old Dominion in Globe, the Ray mine in Ray, and to the south the new San Manuel mine near Tucson. Magma's production of copper, silver, gold, and some zinc has come from nearly parallel east-west striking mineralized faults, one called the Main or Magma vein and the other the Koerner vein, about 1100 ft to the south. This vein system has been prospected and partially mined for some 9000 ft horizontally and 4800 ft vertically. In ascending order from the deepest exploration level, the Main vein cuts Pre-Cambrian schist, Pre-Cambrian Apache Group, Post-Devonian diabase, and Devonian, Mississippian, and Pennsylvania limestones. Until 1950 very little ore was obtained from replacement mineralization.

Jan 10, 1958

By John S. Cummings

In this paper the phrase "exploration for blind metal deposits" refers to exploration activities geared to the discovery of metal deposits which cannot be located by visual surface inspection. The word "system" refers to all of the components (people, money, corporations, techniques, etc.) which collectively result in an exploration process. The details of the system or systems which I have employed in exploration will not be discussed because of client relationships. However, some of the more severe problems in exploration result from how the system's components interact and our attitudes as to what exploration data is telling us, if anything. It is these items which will be discussed. Exploration for blind metal deposits, which has been relatively intense over the last 2S years compared to rather minor outlays prior to World War II has often been an uncoordinated assortment of various specialists employing various techniques (see Dickerson -1). In a program geared to the location of blind deposits, the lack of outcropping deposits or occurrences should not be a deterrent to a well conceived and well planned program. The severe cyclical swings in exploration activity, although often coinciding with depressed metal prices, by and large result from the failure of exploration operators to present a coherent and realistic program to management. It is my opinion that the stream of complaints criticizing management for cyclical exploration support are mostly unwarranted, as many of the programs and goals are ill defined. Although depressed market conditions may serve as the catalyst for exploration cuts, the underlying cause is that when the "chips are down", the non-directional, non-specific nature of many programs is revealed. Thus management should not be castigated for eliminating such programs during bad times, but rather they should be castigated for supporting them during boom periods.

Jan 1, 1978

By Theodore H. Eyde

The porphyry copper province of the southwestern United States and northern Mexico, is the largest copper producing region in the world. Most of the deposits occur in Arizona which now produces over 54% of the newly mined copper in the United" States. As the many recent discoveries are brought into production, Arizona's share of the nation's copper production will increase. The term "porphyry copper" as used in this paper includes all deposits of generally low grade disseminated copper mineralization amenable to bulk mining techniques. Therefore, copper deposits such as Pima-Mission, Twin Buttes, and Vekol where the copper mineralization occurs principally in the intruded rocks will be considered as "porphyry copper" deposits. Most of the deposits have been discovered since World War II, consequently, the southwest, and particularly southern Arizona is perhaps the most intensively explored area for copper deposits on earth. Most of the major natural resource companies in the United States and Canada maintain exploration offices in southern Arizona. To illustrate the success of exploration efforts, the location of porphyry copper deposits either known or producing prior to World War II are shown on figure 1 and the deposits discovered since World War II which are either in production or in the exploration and development stage are shown on figure 2.

Jan 1, 1973

By Ted H. Eyde

Nearly 17 years ago a major producer of synthetic zeolites started an extensive exploration program for natural zeolite deposits which resulted in the discovery of over 170 occurrences in the western United States. A few years later several of the other producers and consumers of synthetic zeolites also started similar exploration programs. Since then, small quantities of natural zeolite minerals have been produced from at least 12 deposits in the United States. Of these the Bowie deposit, about 13 miles north of Bowie, Arizona, is the most important,having produced over 5,000 tons of vitric tuff zeolitically altered to the mineral chabazite and minor amounts of the minerals erionite and clinoptilolite. Mining Districts and Mineral Deposits of Arizona compiled by Charles A. Mardirosian, Consulting Geologist, estimates the value of the total production from the Bowie deposit at a very conservative $2,000,000. Unfortunately, none of the companies responsible for the discovery and the initial production of natural zeolites made any effort to develop the high volume, low cost applications of this unique mineral raw material. Instead, they developed only the high unit value uses to supplement their existing synthetic molecular sieve product lines. With the producers of synthetic zeolites thinking in pounds and not in tons, further development of natural zeolite deposits stagnated for over a decade.

Jan 1, 1974

By W. Dan Hausel

In previous reports by Hausel et. al., (1979 a, b, and c), Leighton and McCallum (1979), and McCallum (1974;1979), several exploration procedures were examined as to their effectiveness in locating kimberlite intrusives in northern Colorado and southeastern Wyoming, where approximately 90 kimberlites have been recognized within 5 districts (Figure I). Briefly, geological mapping and stream sediment sampling for indic- ative heavy minerals of kimberlite (pyrope garnet, chrome diopside, and magnesian ilmenite) proved to be the two most effective methods in isolating kimberlite occurrences within the granitic terrain of Colorado and Wyoming (Hausel et. al., 1979 a, b, and c; Leighton and McCallum, 1979). Where a kimberlite intrusive is deeply weathered, remote sensing using color and color infrared aerial photography may be a potential reconnaissance tool in kimberlite exploration. The kimberlitic eluvium supports thicker grassy vegetation, and at least one species of grass (the Bluebunch Wheatgrass) is found to grow only within the eluvium. The result is that vegetation in the kimberlitic eluvium is a better infrared reflector than the vegetation in the surrounding granitic soils (Hausel et. al., 1979 b; McCallum, 1974

Jan 1, 1980

The decrepitation technique is a rapid means of measuring abundances, temperatures and to some extent the fluid compositions, of fluid inclusions in transparent and opaque minerals. The method has been used to investigate the hydrothermal fluid systems associated with gold mineralisation in the Tennant Creek, Pine Creek and Halls Creek Goldfields. At the Enterprise Mine, Pine Creek, several different stages of quartz veining are distinguished and within these, gradational changes in fluid temperatures and compositions help to define the centre and nature of the thermal system responsible for the mineralisation. In the surrounding Pine Creek region and at Tennant Creek and Halls Creek, the results were applied on a regional scale to characterize outcrops and aid in the discrimination between potentially mineral- ized and barren outcrops. The decrepitation method involves the heating of a small (lgm) sample of crushed and sized grains up to as high as 800 degrees celsius. During the heating the fluid inclu- sions within the grains develop sufficient internal pressure to physically burst, the temperature of such bursting being dependent on the type of fluid and the prevailing tem- perature at the time the inclusion was originally trapped. The resulting tabulation of the number of inclusion bursts per 10 degree temperature interval is plotted as a histogram of decrepitations versus tempera- ture and called a decrepigram. The decrepi- grams frequently show several distinct peaks at different temperatures which are caused by different populations of inclusions in the sample. The areas of the peaks indicate the abundances of inclusions in each population while the shape and mean temperature of the peak provides a guide to the type of fluids involved. Of particular importance in this study is the presence of decrepitation peaks at fairly low temperatures (around 2000 C. These are characteristic of C02 rich fluids which build up internal pressure very quickly when heated. The Enterprise Gold Mine at Pine Creek comprises a number of overlapping quartz vein systems hosted by Burrell Creek Formation sediments. The geology of this mine has been described at this conference by Dann and Delaney, who have defined several distinct stages of quartz veining based on structural, mineralogical and physical features of the veins. For this decrepitation study, 19 quartz samples from the mine and environs, including some from each stage of veining were collected. These results suggest that there are 4 major vein types, within 3 of which additional small variations can be discerned which are due to gradational changes in the temperatures and fluid compositions in the mine area.

Jan 1, 1984

By Gerald M. Ellis

Exploration for gold .deposits on Hispaniola has taken place sporadically over the years but has expanded in the past decade. There are veintype, disseminated, alluvial and elluvial deposits. Investigations were previously undertaken in Haiti by combined Haitian, Bureau of Mines, and UN geological teams at Grand Bois Limbe(Milot) and Cap Coq areas. Later studies were conducted at the Miches and Moncion districts. Gold occurrences were reported in quartz, silicic-barite veins and gossans. An important deposit ?at Pueblo Viejo is? a disseminated type where extraction is taking place in the oxidized zone. Exploration by Japanese and West German firms with local geologists are described in this paper together with Pueblo Viejo, Miches, Restauracion, Milot, and Meme ?areas where occurrences are known. Copper deposits with associated gold va1ues are also described. These include vein deposits in Central Cordillera and disseminated deposits at Terrier Rouge and Blondin.

Jan 1, 1989

By R. Mittler

Over 100 saprolite samples from Turkey Hill Gold Mine, Lumpkin County, Georgia, were analyzed (-80 mesh) for As, Au, and Sb. Maximum values are 16.2 ppm As, 7.9 ppm Au, and 29.1 ppm Sb. Results show trace element content of saprolite varies with topography: ridge top samples show a pronounced decrease in Au and Sb, and to a lesser degree in As, whereas, slope and valley samples have anomalous Au and Sb concentrations, with no discernable pattern for As. Statistical analysis shows strong correlation between Au and Sb and none between Au and As. This study will serve as a model for gold exploration in deeply weathered terrains with variable relief.

Jan 1, 1987

By William K. Brown

Are the results of an exploration program worth the cost? This is a question I suspect many of you are familiar with and, theoretically at least, it is an easy question to answer. The answer, of course, lies in comparing the future earnings stream the program is expected to generate, to the present value of the cost of carrying it out. While historical costs can be determined without much difficulty, estimating the value of a future earnings stream involves all sorts of assumptions regarding future costs, metal prices, inflation rates and an appropriate discount factor; and in the context in which the question arises, requires additional assumptions about mineral deposits which have yet to be discovered. As a practical matter, this kind of approach isn't likely to produce a very convincing answer; certainly not one convincing enough to satisfy a skeptical audience; nor one likely to temper the illusions of recent converts to mineral exploration, who are convinced that if enough money is spent, profitable discoveries will inevitably follow. Within broad limits, however, I believe it is possible to analyze the costs and results of gold exploration in the U.S.A. over the past 20 odd years in a useful manner. And while such an analysis is imperfect, it will provide some insight into this fascinating subject.

Jan 1, 1983

By Fumio Wada

Kuroko deposit is a stratabound massive sulphide and sulphate deposit associated with Miocene submarine volcanics and has been considered to be a prototype of meta- morphosed Palaeozoic and Precambrian equivalents. Since the discovery of Uchinotai deposit of the Kosaka mine in 1959, Dowa and other mining companies have conducted intensive exploration work in the Hokuroku district of northeastern Japan. Dowa has been placing its first priority on the exploration of Kuroko deposits and made a series of remarkable successes in finding the Kuroko deposits, i.e. Uchinotai, 1959; Matsumine, 1963; Uwamiki, 1966; Fukazawa, 1969 and Ezuri, 1975. It is emphasized that our successes have resulted from the proper application of exploration technologies accumulated through our experiences. Firstly we defined the Kuroko horizon and favourable felsic volcanism based on the detailed structural and volczno-stratigraphic study of the Hokuroku district, and then delineated the promising areas by means of the quantitative evaluation of geophysical, geochemical and mineralogical parameters such as the magnetic susceptibility and contents of alkaline and alkaline earth metals in the foot wall dacites and clay mineral assemblages of both hanging and foot wall pyroclastics and dacites. Practical application of these techniques is essential to our routine Kuroko exploration.

Jan 1, 1982

By Arthur R. Still, Paul A. Bailly

5.1-PURPOSE, PROCEDURE, METHODS, MANAGEMENT Exploration can be technologically defined, with regard to the discovery of new mineral deposits, as all the activities and evaluations necessary before an intelligent decision can be made establishing size, initial flowsheet and annual output of new extractive operations. The purpose of mineral exploration is the discovery and acquisition of new mineral deposits amenable to economic extractive operations now or in the future. A prime objective of mineral exploration, however, is to find and acquire a maximum number of such mineral deposits at a minimum cost and within a minimum time. Immediately upon the heels of a successful ''exploration" discovery follow activities called, first, development, then operation. Under U.S. Internal Revenue Code regulations (Secs. 1.615.1 and 1.616.1) in effect at the time of this writing, which state that the "development stage" has been reached when "deposits of ore or other minerals are shown to exist in sufficient quantity and quality to reasonably justify commercial exploitation by the taxpayer," exploration in the technological sense may well continue after a mineral property has entered the "development stage" as defined for tax purposes. In many instances continued exploration, after reaching the tax defined "development stage," has disclosed additional reserves which justify a much larger, more efficient and more profitable operation than that which would constitute the minimum feasible. Even after a mine goes into production, continued ore search generally will increase the reserves, either justifying expansions in plant capacity or prolonging the life of the operation, but this work (actually "exploration") is normally considered, for bookkeeping and tax purposes, a part of mine development. Each exploration entity defines its own objectives in terms of acceptable mini- mum rate of return on investment for any deposit found and retained, and in terms of which commodities, and markets, are to be involved. For these reasons, exploration programs, and aims, will vary over a wide range, although all have the common objective of endeavouring to create new profit centers for the future. 5.1.2-EXPLORATION METHODS Exploration has evolved in the past several decades into a highly sophisticated and expensive endeavor in which large corporate entities, or subsidaries, normally are directed and staffed by highly trained exploration specialists. In some instances consultants, with expertise in a given field, are utilized to the benefit of such corporate groups. The "grasshopper" approach to exploration-searching only for outcropping minerals and/or investigating only mineral prospects offered by the discoverers of such outcrops has given us most of the past and present mines in the US., but this method is rapidly approaching the point of diminishing returns in areas that have been thoroughly prospected for currently marketable commodities. With

Jan 1, 1973

By E. G. Leonardon

The question of geophysical prospecting is one that is beginning to occupy a pre-eminent place in the minds of those actively concerned in the discovery and exploitation of ore deposits. This is in marked contrast to the reception accorded such ideas when the Junior author, six and a half years ago, began introducing electrical prospectii1g to the mining fraternity on this continent. Happily, the mention of geophysics no longer evokes the sceptical and pitying smiles that it did in those days. A little reflection will show that modern geophysical methods are merely a logical development from pre-existing technique. In the study of geological problems, is it not logical to use all possible physical properties of matter? The study of crystal form and cleavage, the examination of thin sections of minerals by means of polarized light or ordinary light, in fact, utilize physical properties of minerals for the benefit of the geologist. These are, of course, laboratory methods, and the extension of the study of similar properties into field work was inevitable. This began with the magnetometric surveys, used as early as 1760 in New Jersey to locate iron ores. Eighty-four years later, John Locke's work in the United States resulted in pointing out relationships between the terrestrial magnetic field and main tectonic features of the earth's crust.

Jan 1, 1928

By James W. Cooksley

Through the early stages of metamorphism, when diffusion is the predominant mineral forming process. there is a tendency toward homogenization of rock units; but there is also zoning resulting from differing primary lithology and structure. Later stages of metamorphism, when infiltration occurs, tend to intensify zoning within the rock mass. The above concepts have been borne out in exploration of talc deposits and skarns. Initially, geologic mapping and soil sampling are directed to understanding mineralogy and petrology. Later, seismic methods are employed to further define lithology in the subsurface. Magnetometer surveys can also define some metamorphic units efficiently. Then, drilling must ensue to confirm lithology and determine extent of mineralization.

Jan 1, 1992

By Barrie C. Butt

The opportunity for an exploration geologist to follow a successful exploration project through the feasibility, financing, construction, development and exploitation phase is rare. In addition, it is not often that the exploration geologist can be present during the mining of a deposit to explain why certain actions were taken or interpretations made and to find out how these interpretations turned out in actuality. At the Woodsreef chrysotile asbestos mine in New South Wales, Australia, mining has been in progress for six years and the writer has been intimately associated with the project during the five years of exploration and the six years of exploitation. The industry is possibly aware of the fact that the Woodsreef Mine has had major production problems, the majority of which have stemmed from the unique characteristics of the ore body and of the fibre. Because of these unique features, a large volume of research has been undertaken by Woodsreef and by other scientific organisations in Australia, England and Canada on the Woodsreef fibre. The answers to some of the problems have negated some semi-sacred concepts of asbestos ore milling and led to the development of new techniques, such as the adoption of microscopic fibre counts as a routine procedure; the modification of accepted evaluation procedures; the development of new machines for dedusting fibres, and to the recognition of a fibre with a unique milling behaviour pattern and, possibly, properties. The problems experienced can be divided broadly into those associated with the geology and those associated with the physical properties of the fibre. It is possible that the same features may manifest themselves in other deposits around the world, and if they can be recognised during the exploration stages a feasibility evaluation may be just that little closer to the actual.

Jan 1, 1978

By Eric R. Braun

Ore reserves in the Republic mining district were nearly exhausted in 1984 when hole D-54 intersected a vein twenty- eight feet in drill width averaging 1.57 opt gold and 11.95 opt silver below post-mineral lake beds. The discovery area, termed "Golden Promise", has announced proven and probable ore reserves of approximately 372,000 tons averaging 1.0 opt gold and 4.5 opt silver, and drilling indicates another 756,000 tons of mineralized material containing 0.37 opt gold and 1.4 opt silver (Hecla fourth quarter 1986 report). This paper describes new geological interpretations made as part of a district research study sponsored by Hecla Mining Co., which led to the D-54 discovery. Important new geological concepts include: 1) re-interpretation of the volcanic stratigraphy of the district and recognition of a suite of pyroclastic rocks that are unique to the Republic graben, 2) identification of disseminated subaerial mineralization at a paleosurface that corresponds to the newly described upper contact of the Sanpoil Volcanics, 3) recognition that epithermal veins have a maximum productive vertical range of 0-500 meters, measured from the paleosurface, and 4) veins exhibit visual and geochemical vertical zoning within the productive zone with highest gold occurring at an optimal depth, which is interpreted as the average depth of hydrothermal boiling.

Jan 1, 1987