Beruflich Dokumente
Kultur Dokumente
NEWSLETTER
w w w. s e g w e b . o r g
Century (ZnAustralia), Lisheen Cumulative Production Inferred Measured & Indicated Proven & Probable
(ZnIreland), Highlands (coalUSA),
Corresponding author: e-mail, FIGURE 1. Resource growth at the Los Bronces mine and district, Chile. Source: Anglo American plc,
keenan@fwsconsultants.com Annual company reports, 20022014.
TETHYAN TECTONICS
and METALLOGENY
SEG 2016 eme, TURKEY
September 2528, 2016
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seg2016.org
PAID ADVERTISEMENT PAID ADVERTISEMENT
Contents
F E AT U R E A R T I C L E
NEWSLETTER 1 From Mineral Discovery to Project Delivery
n SEG co-sponsored the XXXIII UNES- n SEG provided newsletter advertis- SEG AWARDS AND
CO-SEG-SGA Latin-American Metal- ing support for the short course on LECTURESHIPS
logeny Course at the University of diamonds and their primary and
Campinas (UNICAMP) in Brazil, July secondary sources that was held at the The SEG Awards program and cere-
19, 2015. SEG provided both student University of Pretoria, Pretoria, South mony was held at the SEG-CODES
and promotional support. Andreas Africa, on October 2023, 2015. Course 2015 Conference in Hobart, Tasmania,
Audtat, International Exchange Lec- leaders were M. de Wit and J. Bristow. Australia, on Wednesday, September 30,
turer, was an invited keynote speaker. n SEG sponsored six sessions at the GSA 2015, at the Wrest Point Convention
Prof. R. Xavier was the organizer for 2015, Annual Meeting in Baltimore, Centre as part of the technical pro-
this event. Maryland, USA, November 14, 2015. gram. The following SEG Awards were
n SEG sponsored Chile Explore 2015 Jeffrey Mauk was the SEG Meeting presented: R.A.F. Penrose Gold Medal
in Santiago, Chile, August 1213, Coordinator. SEG held one post-confer- 2014 to James M. Franklin (SF85); SEG
2015. Invited SEG speakers were Hon- ence field trip on November 56, 2015, Silver Medal 2014 to Stuart F. Simmons
orary Lecturers W. X. Chvez and K. entitled, Placer Deposits of the Atlantic (F85); Ralph W. Marsden Award 2014
Heather. The SEG booth was coordi- Coastal Plain: Stratigraphy, Sedimen- to Mark D. Hannington (FL91); Walde-
nated by J. Arce, W. X. Chvez, and C. tology, Mineral Resources, Mining and mar Lindgren Award 2014 to Simon M.
Reclamation. Field trip leaders were R. Jowitt (FL08); Brian J. Skinner Award
Horrigan (SEG staff).
Berquist, A. Karst, and A. Shah. 2014 to Cornel E.J. de Ronde (F93); SEG
n SEG sponsored the SEG-Newmont
n On November 914, 2015, SEG co- Distinguished Lecturer 2015 to Sar-
Workshop, Orogenic Gold, in
sponsored the 10th Annual Workshop, ah-Jane Barnes (F93), SEG International
Sunyani, Ghana on August 15-16,
Ore Deposits Models and Explo- Exchange Lecturer 2015 to Andreas
2015. R. Goldfarb was the presenter.
ration, in Xian, Shaanxi, China. Audtat (F08), SEG Thayer Lindsley Lec-
n SEG held a pre-meeting short course,
Presenters included S. Scott, J. Scott, turer 2015 to Karen D. Kelley (F81); and
The Geology and Geochemistry of
Z. Chang, H. Chen, D. Cooke, R. SEG Regional Vice President Lecturer
Gold Deposits Workshop at the SGA
Goldfarb, D. Leach, C Li, N. White, 2015 to Roy McG. Miller (F15), who
Meeting in Nancy, France on August
and K. Yang. could not attend.
22-23, 2015. R. Goldfarb and S. Sim-
mons presented this course. The SEG n The SEG-WMS (Western Mining
also had an exhibit booth at the SGA Services) four-day Senior Exploration International Exchange Lecturer
Meeting. Several SEG member/fellow Management Course was held at Andreas Audtat, Senior Scientist at the
volunteers handled the booth each the SEG Headquarters Course Cen- Bayerisches Geoinstitut in Bayreuth,
day. J. Gutzmer, SEG Regional VP for ter in Littleton, Colorado, USA, on Germany, gave presentations at the
Europe, and R. Goldfarb, Publications December 14, 2015. WMS presenters following locations: Etvs University
Board Chair, supervised the SEG included B. Suchomel, J. Hronsky, B. in Budapest, Hungary; GSN 2015 Sym-
booth activities. Margeson, S. Bussey, and J. Welborn. posium in Reno, Nevada, USA (Guest
n The SEG 2015 Conference, World- Speaker); XXXIII UNESCO-SEG-SGA
Class Ore Deposits: Discovery to Latin American Metallogeny Course at
Recovery, was held in Hobart, Tasma- EDUCATION the University of Campinas, Sao Paulo,
nia, September 2730, 2015. The con- The SEG Foundation (SEGF) and the SEG Brazil (Invited Keynote Speaker); Uni-
ference was jointly hosted by the SEG Canada Foundation (SEGCF) together versidade de So Paulo (USP), So Paulo,
and the Centre of Excellence in Ore awarded US$365,270 in research grants Brazil; James Cook University, Towns-
Deposits (CODES) at the University of and fellowships to a total of 80 students ville, Australia; Australian National
Tasmania. J. Bruce Gemmell was the in 16 countries. Out of 147 student University, Canberra, Australia; Aristo-
Organizing Committee Chair. This research grant applications received, tle University of Thessaloniki (AUTh),
successful meeting held four pre-con- SEGF and SEGCF awarded 57 grants for Thessaloniki, Greece; University of
ference and two post-conference short a total US$190,270 ($66,400 of this was Bucharest, Bucharest, Romania; and
courses and two pre-conference and disbursed from SEGCF). Research Grant the Technical University Bergakademie
three post-conference field trips. A awardees attend 32 different universities Freiberg, Freiberg, Germany.
total of 742 attended from 43 coun- in 14 countries: United States 17, Aus-
tries. A student mentoring forum tralia 12, Canada 11, China 3, Ger- Thayer Lindsley Lecturer
hosted by BHP Billiton was very well many 2, Switzerland 2, South Africa Karen D. Kelley, U.S. Geological Sur-
attended. 2, United Kingdom 2, and one each vey geologist, traveled extensively on
n SEG sponsored the XIV Chilean from Brazil, France, Greece, Italy, Poland, behalf of the SEG. She gave talks at the
Geological Congress, Geology for and Taiwan. In the Graduate Student Fel- following locations: China University
the XXI Century in La Serena, Chile, lowship program, a total of US$175,000 of Geosciences, Beijing, China; Chinese
October 48, 2015. Jose Arce, Regional was awarded to 23 students and Academy of Geological Sciences, Beijing,
VP for South America, coordinated CDN$30,000 to five students entering China; Chinese Academy of Sciences,
the SEG exhibit booth with W. X. graduate school in 2015, or who were Beijing, China; Chinese Academy of
Chvez and I. Cassidy. currently enrolled as first-year graduate Sciences, Guangzhou, China; Colorado
n SEG provided promotional support students. Graduate Student Fellowship School of Mines, Golden, CO, USA; Uni-
for the 3rd Symposium, Igneous recipients attend 17 different universities versidad Nacional de Colombia, Medel-
Petrology and Ore Deposits in Rio in 6 countries, USA 11, Canada 9, lin, Colombia; Universidad Industrial de
Negro Province, Argentina, held Australia 5, and one each from Ireland, Santander, Bucaramanga,
October 1315, 2015. Philippines, and South Africa. Colombia; Universidad to page 6 . . .
6 SEG NEWSLETTER No 105 APRIL 2016
Nacional de Ingenieria, Lima, Peru; Canada); Chusi Li (Indiana University, (Diamonds) is in production. The publi-
Universidad Nacional Mayor de San Bloomington, Indiana, USA); Jeffrey W. cations catalog was updated for the SEG
Marcos (UNMSM), Lima, Peru; the Wyo- Hedenquist (Hedenquist Consulting 2015 Conference in Hobart and e-books
ming Geological Association in Casper, Inc, Ottawa, Canada); Douglas J. Kirwin started to generate revenue through
Wyoming, USA; University of Adelaide, (Consultant, Bangkok, Thailand); Noel the GeoScienceWorld (GSW) subscriber
Adelaide, South Australia; Monash Uni- C. White (Consultant, Australia); and platform.
versity, Clayton, VIC, Australia; Arizona Kevin B. Heather (Regulus Resources Access to SEG publications was
Geological Society and the University Inc., and Rock Doctor Limitada, reviewed during the year, resulting in
of Arizona, Tucson, Arizona, USA; Chile); Daniel G. Wood, (retired and the availability of Green Open Access
Winnemucca and Elko Chapters of the adjunct professor at The University of but also removal of SEG copyright
Geological Society of Nevada, Elko and Queensland with the W H Bryan Min- material posted illegally on sites such as
Battle Mountain, Nevada, USA; and the ing and Geology Research Centre, Aus- researchgate.net and academia.edu.
University of Nevada Reno (UNR), Reno, tralia); and Cornel E.J. de Ronde (GNS
Nevada, USA. Science, Lower Hutt, New Zealand).
MARKETING
Regional Vice President Lecturer SEG exhibited at fewer events than
Roy McG. Miller, Consultant in Namibia, SEG PUBLICATIONS in 2014 and ran booths at the follow-
gave presentations at the following Sales revenue of SEG publications ing meetings from January through
locations in Africa: Geological Society of decreased significantly relative to 2014 December 2015: AME BC Roundup,
Namibia, Windhoek, Namibia; Rhodes and consisted overwhelmingly of book- Vancouver, Canada; PDAC, Toronto,
University, Grahamstown, South Africa; store orders (84%), the remainder com- Canada; Pacrim, Hong Kong; GSN 2015,
Nelson Mandela Metropolitan Univer- ing from exhibit booth sales. Member Reno, Nevada, USA; IX International
sity, Port Elizabeth in the Eastern Cape, sales accounted for about 78% of total Congress of Prospectors and Explorers
South Africa, University of Cape Town, publication sales. Revenue is attributed (ProExplo), Lima, Peru; Chile Explore,
Cape Town, South Africa; University of to sales from our listing of 51 different Santiago, Chile; SGA 13th Biennial
Witwatersrand in Johannesburg, South Guidebooks, 17 Reviews volumes, 18 Meeting, Nancy, France; XIV Chilean
Africa; and the Geological Society of Special Publications, 11 Monographs, Congress, La Serena, Chile; and SEG
Namibia, Windhoek, Namibia. 10 Compilation Series, 27 Videos, 9 2015 Conference in Hobart, Tasma-
Conference Series volumes, as well as nia. Marketing campaigns focused on
Distinguished Lecturer Economic Geology and SEG Newsletter back "SEG 2015: World-Class Ore Deposits:
Sarah-Jane Barnes, Canada Research issues, the Dummett DVD, 100th Anni- Discovery to Recovery" in Hobart, Tas-
Chair in Magmatic Metallogeny, Uni- versary Volume of Economic Geology, mania as well as courses and field trips
versit du Qubec Chicoutimi, Canada Anniversary Collection DVD (100th, that form part of the Education and
and director of LabMaTer gave her Dis- 75th, and 50th volumes), SEG 75 Years of Training Curriculum. Various advertise-
tinguished Lecture entitled, Trace ele- Progress: 19201995, and the Tables for ments were placed in the SEG Newsletter,
ment contents of magmatic sulfide and Opaque Minerals (CD). The most popu- member e-broadcasts, the SEG website,
oxide mineralshow can we use this lar publication in overall unit sales was and social media sites to promote all
information in ore deposits studies? Special Publication Number 18, Building aspects of the conference. Additionally,
at the SEG 2015 Conference in Hobart, Exploration Capability for the 21st Century, paid advertisements on SEG 2015 were
Tasmania, Australia in September 2015. edited by Kelley and Golden, followed by placed in The Mining Journal, The
Dr. Barnes also gave talks at the follow- Special Publication Number 16, Geology Mining Journal Online Events Website,
ing locations: Commonwealth Scientific and Genesis of Major Copper Deposits and Mineweb and Geospectrum and the
and Industrial Research Organization Districts of the World: A Tribute to Richard conference was further promoted on
(CSIRO), Perth, Western Australia; Uni- H. Sillitoe, edited by Hedenquist, Harris, several associated society websites and
versity of Witwatersrand, Johannesburg, and Camus, and Compilation Volume by organizations that included IAGOD,
South Africa; Cardiff University, Wales, 10, Mineral Deposits of Nevada: A Compi- AMEBC, Mineralogical Association
UK; and the Michigan Technological lation 19062014, edited by T.B. Thomp- of Canada, Geological Association of
University (MTU), Houghton, Michigan, son. Downloads of e-docs was modest Canada, SGA, IUGS, GSA Australia,
USA. and lower than in 2014. GAC, and GSNZ. Flyers, brochures,
Four scheduled issues of the SEG course catalogs, membership/fellowship
Honorary Lecturers Newsletter and eight issues of Economic application forms and publication order
The current list of SEG Honorary Lectur- Geology were released through December forms/catalogs were available at all
ers follows: M. Stephen Enders (Consul- 31, 2015. Three new guidebooks (Chile, events where SEG had an exhibit booth.
tant, Denver, Colorado, USA); Richard J. Skykesville, Atlantic Placer Deposits), Social media marketing continued to
Goldfarb (US Geological Survey, Denver, one compilation (Nevada), and three provide significant visibility for SEG and
Colorado, USA); William X. Chvez, Jr. videos (Neil Williams, Dan Wood, and our programs with increased participa-
(New Mexico Institute of Mining and Karen Kelley) have been released. Work tion on Facebook, LinkedIn (including
Technology, Socorro, New Mexico); continues on Reviews volume 18 (REE a Student Chapters group), Twitter,
Michael C. de Wit (BRC Diamond Core, and critical metals, P. Verplanck, lead Google+, and Instagram. An improved
Irene, South Africa); Mark D. Hanning- editor), with an expected first quarter web page for the combined SEG Foun-
ton (University of Ottawa, Ottawa, ON, 2016 release. Special Publication 19 dations was launched to promote the
No 105 APRIL 2016 S E G N E W S L E T T E R 7
SEG NEWS
organization and search of Society photos.
PRESIDENTIAL PERSPECTIVE
F O U N D AT I O N P R E S I D E N T I A L P E R S P E C T I V E
Contributions 11/1/20151/31/2016
Thank you for your generous contributions to the Society and the SEG Foundation.
SEG General Fund Arauzo, Luis, Peru Shimizu, Toru, Japan Erickson, A., USA Kekana, Sello, South Africa
Bailey, Robert, USA Sicoli Seoane, J. Carlos, Fontbot, Llus, Switzerland Lisenbee, Alvis, USA
$20,000 Banda, Maliro, Zambia Brazil Fournier, Robert, USA Little, Mary, USA
Anonymous Donors Bandrowski, Michael, Spivey, Martin, Australia Hoye, Jonathon, Australia Mancuso, Thomas, USA
Canada Stanton-Cook, Kim, Jacob, Leonard, USA Mango, Helen, USA
$10,000 Beale, Timothy, Canada Australia Laidlaw, Robert, USA McLean, Neil, Australia
Ireland, George, USA Beckley, Richard, Australia Tavora, Flavio, Brazil Noronha, Fernando, Preece, Richard, USA
Bersch, Michael, USA Trappeniers, Geert, Belgium Portugal Rosta, Zsolt, USA
$2,000
Bickel, Jeffrey, USA Udubasa, Sorin, Romania Parker, Harry, USA Schafer, Robert, USA
Reid, William, USA Bookstrom, Arthur, USA van Maastrigt, Peter, Robertson, Jacques, USA Seedorff, Eric, USA
$300$500 Boutes, Georges, France Netherlands Seedorff, Eric, USA Steed, Geoffrey, United
Bowell, Robert, United Villa-Iglesias, Luis, Spain Smith, Shea, USA Kingdom
Cluer, J. Kelly, USA
Kingdom Whiteford, Sean, USA Wallace, Chester, USA Tyrwhitt, David, Australia
Hawkins, Robert, USA
Bradley, Mark, USA Zapana Yanarico, Eddy, Peru Willden, C. Ronald, USA Walsham, Bruce, United
Kesler, Stephen, USA
Bradshaw, Herbert, USA Wire, Jeremy, USA Kingdom
Patton, Thomas, USA
Briones, Jose, Philippines Zohar, Pamela, USA Wurst, Andrew, Canada
SEG Foundation
$100$250 Bryndzia, L. Taras, USA
Burt, Donald, USA General Fund Discovery Fund
Beck, Frederick, USA Hickok-Radford
Belther, Jones, Brazil Canales, Juan, Peru Up to $10,100
Carnier, Alexandre, Brazil
$100$200 Fund
Bernab Evans, Pablo, Chile Bear Creek Mining Corp., Arauz, Alejandro, Costa
Castillo, Boris, Chile Conelea, Radu, USA $100$150
Canada Rica
Cooper, Christopher, Conway, Clay, USA Bundtzen, Thomas, USA
Swarthout, Andrew, USA Bradford, Jack, USA
Scotland Craig, Lindsay, USA Freeman, Lawrence, USA
Davis, Mark, United $9,000 Coppard, James, United
Dail, Christopher, USA Kingdom Galey, John, USA
Davidson, Donald, USA Kingdom Black, John, USA Graham, Garth, USA
Dilles, John, USA Evans, Michael, South Africa
Goryachev, Nikolay, Russia $2,000 Haynes, Douglas, Australia Kurtak, Joseph, USA
Hernandez Pinto, Edmundo, Farmer, Lucian, USA Myers, Russell, USA
Foster, Robert, USA Reid, William, USA Hoye, Jonathon, Australia
Chile Idziszek, Chet, Canada Siron, Chris, USA
Hitzman, Murray, USA Fournier, Robert, USA Ruff, Randall, Italy
Thurston, Peter, USA
Hodkiewicz, Paul, Australia Gendall, Ian, Canada $500 Up to $99
Ilchik, Robert, Australia Gillerman, Virginia, USA Up to $99
Christensen, Odin, USA Beckley, Richard, Australia
Jara Montenegro, Jose, Gostevskikh, Alex, Canada Hall, David, Ireland Cox, Bruce, USA
Graf, Joseph, USA Hawkins, Robert, USA
Chile Hayston, Paul, Brazil Doyle, Elizabeth, USA
Guerrero M., Tomas, Peru Innovest Portfolio Solu-
Large, Duncan, Germany Pierson, John, USA Eng, Tony, USA
Hammarstrom, Jane, USA tions, LLC., USA
Lesher, C. Michael, Canada Smith, Stuart, Chile Hall, Denis, USA
Hinds, D. Mackenzie, USA Suchomel, Barton, USA
Longo, Anthony, USA Hawley, Charles, USA
Montgomery, Joseph, Hoye, Jonathon, Australia $100$250 Hugo T. Dummett Hedderly-Smith, David,
Canada Kalliokoski, Jorma, USA Babcock, Russell, USA Fund USA
Mupande, Jean Felix, Congo Kay, Suzanne, USA Belkin, Harvey, USA Hoye, Jonathon, Australia
Parry, John, USA Komar, Vasily, Russia Belther, Jones, Brazil $100$250 Myers, James, USA
Pop, Nicolae, Canada Koski, Randolph, USA Dail, Christopher, USA Brimhall, George, USA Price, Jason, USA
Potucek, Tony, USA Kozhushko, Gennadiy, USA Davidson, Donald, USA Brown, H. Gassaway, USA van der Stijl, Frank, Sweden
Queen, Lawrence, Australia Li, Yike, China Flawn, Peter, USA Chuwa, Gerald, Tanzania West, Andrew, USA
Quijano Laime, Freddy, Lopez, Leonel, USA Glavinovich, Paul, USA Cocker, Mark, USA
Ecuador Lowenstern, Jacob, USA Hammer, Donald, USA Diallo, Madani, France
Ludington, Stephen, USA Hugh E. McKinstry
Rotert, Joel, USA Hitzman, Murray, USA Hoag, Corolla, USA
McEllen, Andrew, USA Hoye, Jonathon, Australia
Fund
Rusk, Brian, USA Hodkiewicz, Paul, Australia
Rye, Robert, USA Melgar-Pauca, M. Joel, Peru Jennings, Donald, USA Koutz, Fleetwood, USA $1,000
Schulz, Klaus, USA Moore, Jonathan, USA Large, Duncan, Germany Maynard, James, USA
Moore, Stephen, USA Knight, Richard, USA
Simmons, Stuart, USA Lipske, Joanna, USA Pohl, Demetrius, USA
Skinner, Brian, USA Moorhead, Colin, Australia Little, Mary, USA Thomas, Rodney, Canada $300
Stiles, Craig, USA Ogata, Takeyuki, Japan Mauk, Jeffrey, USA Lipske, Joanna, USA
Olmore, Stephen, USA Up to $99
Struhsacker, Eric, USA Myers, Russell, USA
Swarthout, Andrew, USA Ortiz Ramos, Giovanny, Bilenker, Laura, USA $100$200
Postlethwaite, Clay, USA
Taylor, Anthony, USA Colombia Rye, Robert, USA Clements, Brooke, Canada Jones, Richard, USA
Williams, Neil, Australia Postlethwaite, Clay, USA Struhsacker, Eric, USA Danne, Torsten, Peru Kriewaldt, Michael,
Zierenberg, Robert, USA Pride, Douglas, USA Flood, Zachary, Canada Australia
Rosado Zeballos, Pedro, Up to $99 Gosse, Richard, Canada Moncada, Daniel, Chile
Up to $99 Peru Beale, Timothy, Canada Hall, Denis, USA Myers, Harold, USA
Anning, Peter, United Saadat, Saeed, USA Collins, William, USA Hauck, Steven, USA Naden, Jonathan, United
Kingdom Schaffranek, Martin, USA Craig, Lindsay, USA Henderson, Frederick, USA Kingdom
Appold, Martin, USA Scott, Elizabeth, USA Davis, Steven, USA James, Laurence, USA Westervelt, Thomas, USA
No 105 APRIL 2016 S E G N E W S L E T T E R 11
Contributions (continued)
Up to $99 Maynard, Stephen, USA Graduate Student Fonseca, Anna, Canada
Einaudi, Marco, USA Newell, Roger, USA Fellowship Fund Goryachev, Nikolay, Russia
Feinstein, Michael, USA Odette, Jason, USA Hannington, Mark, Canada
Hawley, Charles, USA Poulsen, K. Howard, Canada $10,000 Hattori, Keiko, Canada
Henderson, Frederick, USA Powell, Jon, USA Black, John, USA Hocking, Michael, United Kingdom
Jesus, Ana Patricia, Portugal Price, Barry, Canada Jefferson, Charles, Canada
Riedell, K. Brock, Canada $1,000 Lavoie, Sebastien, USA
Lecumberri Sanchez, Pilar,
Switzerland Rotert, Joel, USA Seavoy, Ronald, USA Lydon, John, Canada
MacIntyre, Timothy, USA Rusk, Brian, USA $100$250 Pearson, William, Canada
Ogungbuyi, Ibiyemi, South Africa Smith, Stuart, Chile Pop, Nicolae, Canada
Underwood, David, South Africa Birak, Donald, USA Poulsen, K. Howard, Canada
Perkin, Donald, Australia Byrne, Kevin, Canada
Phillips, Allison, USA Van Treeck, Christopher, USA Rebagliati, C. Mark, Canada
Wyatt, Christopher, USA Heidrick, Tom, USA Riedell, K. Brock, Canada
Schatz, Oliver, Canada Loayza, Carlos, Peru
Thuy, Pham, Taiwan Robb, Malcolm, Canada
Up to $99 McCutcheon, Timothy, USA Shearer, Johan, Canada
Anning, Peter, United Kingdom Powell, Jon, USA Simpson, Kirstie, Canada
Timothy Nutt Fund Beate, Bernardo, Ecuador Rusk, Brian, USA Stockford, Howard, Canada
Beckley, Richard, Australia Up to $99 Walford, Phillip, Canada
$600 Belkin, Harvey, USA
Thomson, Brian, Brazil Bowell, Robert, United Kingdom Fedortchouk, Yana, Canada Up to $99
Bradley, Mark, USA Hanchar, John, Canada Arauzo, Luis, Peru
Up to $125 Hauck, Steven, USA
Burgoa Videla, Cristian, Chile Bardoux, Marc, Canada
Angus, Raymond, Australia Klyukin, Yury, USA
Canby, Vertrees, USA Chartrand, Francis, Canada
Deane, John, South Africa LeLacheur, Eric, USA
Craig, Lindsay, USA Copeland, David, Canada
Lee, Christopher, South Africa Ogata, Takeyuki, Japan
Daroch, Giancarlo, Chile Dearin, Charles, Canada
Moody, Ian, Australia Ootes, J.J. Luke, Canada
Diaz Unzueta, Raul, USA Fournier, Antoine, Canada
Thamm, Albert, Australia Polozov, Alexander, Russia
Dohms, Peter, USA French, Andrew, Canada
Up to $99 Drieberg, Susan, USA Primaleon, Nick Vily, Philippines Gauthier, Michel, Canada
Dykeman, Candace, USA Randall, Scott, New Zealand Geusebroek, Philip, Canada
Bowell, Robert, United Kingdom Seedorff, Eric, USA
Hall, David, Ireland Erlfeldt, Asa, Sweden Gorzynski, George, Canada
Fellows, Michael, Australia Sheehan, Linda, USA Grywul, Ryan, Canada
Hlabangana, Sitshengiso, Zimbabwe van Oss, Hendrik, USA
McClave, Michael, USA Garcia, Carlos, Mexico Hawley, Charles, USA
Gordon, Paul, Ireland Wicklein, Phillip, USA Jebrak, Michel, Canada
Nowak, Gregory, USA Yecyec, Paul Asthor, Philippines
Ray, Gerald, Canada Gorzynski, George, Canada Lake, John, Canada
Robb, Laurence, United Kingdom Hasselquist, Tyson, USA Alberto Terrones L. Fund Marsden, Henry, Canada
Schafer, Robert, USA Hayston, Paul, Brazil Mersereau, Terry, Canada
Hedderly-Smith, David, USA $100$150 Ootes, J.J. Luke, Canada
Hitzman, Murray, USA Baumgartner, Regina, Peru Rees, Matthew, Canada
Student Field Trip Fund Hughes, Charles, Australia Sharman, Elizabeth, Canada
Enriquez, Erme, Mexico
$5,000 James, Laurence, USA Griffith, David, USA Smith, Scott, Canada
Putnam, Borden, USA Jennings, Keenan, United Kingdom Guerrero M., Tomas, Peru Stewart, Peter, Canada
Koski, Randolph, USA Thurston, Phillips, Canada
$1,000 Leal Machuca, Jorge, Chile Up to $99 Zentilli, Marcos, Canada
Cook, Brent, USA LeLacheur, Eric, USA James, Laurence, USA
Seavoy, Ronald, USA Li, Jian-Wei, China Seedorff, Eric, USA
Madcharo, Michael, USA Tristram, Esme, Chile
$100$300 Mendoza Villero, Fabio, Colombia
Contributions
Bell, Peter, United Kingdom Mezaki, Kent, Japan Canada Foundation in memory of
Brown, H. Gassaway, USA Moran, Patrick, Canada Richard W. Hutchinson
Chevillon, C., USA $1,000
Newell, Roger, USA (SEGF General Fund):
Dail, Christopher, USA Ogata, Takeyuki, Japan Franklin, James, Canada
Doyle, Martin, United Kingdom Paterson, Colin, USA $300$500 Karen D. and
Duncan, David, Canada Polozov, Alexander, Russia David L. Kelley
Brubacher, Scott, Canada
Fletcher, Timothy, United Kingdom Postlethwaite, Clay, USA Reeve, Edward, Canada $500
Fonseca, Anna, Canada Pudack, Claudia, Switzerland Sangster, Donald, Canada
Goryachev, Nikolay, Russia Rapprecht, Rachel, USA
Graf, Joseph, USA Reardon, Nancy, Australia $100$250
Groves, David, USA Rueda, Hernando, Mexico Alldrick, Dani, Canada Checks in memory of
Heidrick, Tom, USA Shaw, Eleanor, United Kingdom Blann, David, Canada Dick can be sent to the
Ihlen, Peter, Norway Sicoli Seoane, J. Carlos, Brazil Brisbin, Daniel, Canada Society of Economic
Kyle, J. Richard, USA Sidder, Gary, USA Collins, Michael, Canada Geologists Foundation,
Lehmann, Jon, USA Taguchi, Sachihiro, Japan Corey, Michael, Canada 7811 Shaffer Parkway,
Lipske, Joanna, USA van Oss, Hendrik, USA Dion, Claude, Canada Littleton, CO 80127.
Loranger, Robert, USA Zohar, Pamela, USA Fischl, Peter, Canada
12 SEG NEWSLETTER No 105 APRIL 2016
Novo Resources
No 105 APRIL 2016 S E G N E W S L E T T E R 13
Views columns are the opinions of the authors and do not necessarily reflect the opinions of the SEG.
VIEWS
Geological Mapping in Exploration:
A View from the Trenches
Nick J. Callan (SEG 2015 F), NJC Geological and Exploration Services EIRL,
Huerfanos 1160, of. 1101, Santiago, Chile
Nick J. Callan
INTRODUCTION be positioned at the very forefront the property-scale
discovery process? target defini-
Kevin Heathers (SEG 1998 F) presen-
A large part of the debate as to tion to detailed
tation at the September 2015 Chile-
the underlying causes for the general deposit-scale studies, ore resource defini-
Explore Congress, entitled The Lost
demise of geological field skills has tion, and geotechnical work. Indeed,
Art of Geological Mapping: Should We
focused on issues at the university they concluded that geological mapping
Care?, regrettably came as no surprise
level (e.g., fieldwork reduction due to would remain an essential part of the
to me, although I have to admit to
funding cuts and increased liability, exploration and discovery process in the
being more than a little disappointed.
changes in undergraduate curricula foreseeable future.
Most senior explorationists, I suspect,
to more closely reflect the broadening Most of us, at some stage of our
would probably share these sentiments.
range of geological disciplines to serve careers, have probably mapped at the
Geological mapping is, after all, the very
wider needs of society, an emphasis on district, property, or deposit scale, where
embodiment of all the basic field skills
rapidly publishable experimental and the concept of visualization in order
we learn as geologists, and the simple
modeling research at the expense of to target mineralization can be most
fact is that the alarm bells have been
more costly field-based studies, etc.). useful. Wood (2006) defines visualiza-
sounding loudly for some time now in
The mining industry has responded by tion (in the context of exploration)
our industry: basic field geological skills
promoting its specific technical and skill as the ability to assemble often rather
have been lost in the emerging genera-
set requirements at university level via disparate observations and exploration
tion of exploration geologists.
collaborative research, student training data in order to create a 3-D mental
As a geologist with some 30 years of
initiatives, and funding programs. image of the perceived target, and thus
experience in the exploration and min-
The focus of this Views contribution vector toward ore. Geological mapping
ing industry, almost entirely in a field-
is to examine several internal industry remains a fundamental first step in this
based technical capacity, I have always
issues which I believe have contributed visualization process, bringing together
maintained that careful geological
to falling standards of geological field- diverse geological observations in their
mapping, based on sound observation,
work, and which have become apparent true spatial (and temporal) context
is one of the cornerstones of successful
to me during extensive time spent in and thus providing initialand often
exploration. Indeed, given that our
the field in a consulting capacity for very significantconstraints on the
industry is founded on combinations
numerous major, mid-tier, and junior architecture of mineralized systems and
of fortuitous geological phenomena in
companies. the likely location of ore within these
a complex framework, why would geo-
systems. Geological maps, as well as
logical mapping and field geology not
interpretive cross sections derived from
THE IMPORTANCE OF them, represent the initial stages of the
Nick graduated with a B.Sc. in geology
GOOD GEOLOGY all-important modeling and targeting
from Oxford University in 1985 and A thorough read of articles such as process. Integration of ancillary data
afterward undertook an M.Sc. at the those by Proffett (2004), Brimhall et al. (e.g., geochemical, geophysical, and
University of Toronto, researching (2006), and Marjoribanks (2010) should spectral data, etc.) adds an essential,
Archean shear zone-hosted gold dispel any doubts that explorationists holistic, multidisciplinary approach
deposits. His broad industry experience might have as to the importance of geo- that further enhances the process.
includes project and senior geologist logical mapping in the exploration and However, without the geology much of
positions with Cominco and AngloGold, mining business. All these authors are this important ancillary data may lose
as well as senior technical positions with seasoned geological mappers and widely value, perhaps be rendered meaningless,
several prominent junior companies. respected explorationists. As discussed or possibly be strikingly misleading.
Since 2001 he has been based in by Brimhall et al. (2006), the value of The geological map thus should be the
Santiago, Chile, providing largely field geological mapping is actually very hard logical starting point for most explora-
oriented geological consulting services to overestimate: geological maps guide tion programs, though, absurdly, this is
throughout Latin America, as well as in strategy and decision-making at virtu- often not the case.
E. Europe, Asia, and Australasia.
ally every stage of the discovery process, There has been a
E-mail: njcallan@yahoo.co.uk
from regional terrain selection through significant shift of to page 14 . . .
14 SEG NEWSLETTER No 105 APRIL 2016
. . . from page 13 VIEWSGeological Mapping in Exploration: A View from the Trenches (continued)
exploration focus recently to partially wherewithal to develop and maintain a management, with the latter recogniz-
or, in some cases, completely covered high standard of in-house, field-based ing the value and importance of time
terrains where indirect methods (prin- training. This needs to be reinstigated spent in the field by their more experi-
cipally geophysical) provide the only either as in-house mentoring using enced geological staff.
realistic means of targeting. Regardless, I company know-how or, particularly in
suspect that the majority of exploration the case of the smaller companies with The right stuff for the job
projects worldwide encompass variable more limited resources, by regularly Human nature dictates that not all geol-
amounts of outcrop where mapping bringing in experienced field-oriented ogists are going to make great field geol-
can still provide significant geological consultant geologists for staff training. ogists and mappers, and colleagues have
insight. Taking advantage of the multitude of recently reminded me that reluctant
economic geology-oriented field trips mappers have, in fact, always existed!
now available can further support these The ever expanding range of increas-
ALLEVIATING THE efforts. ingly sophisticated tools available to the
SITUATION Geological mapping is a very particu- exploration geologist, many of which
lar blend of science and art, but is a skill are developing into quite specialized
A clear message from industry that actually can be taught; however, subjects of their own, has provided
I expect that most senior exploration mapping ability, like any acquired skill, unparalleled scope for career special-
managers would concur to a large will depend on experience and con- ization that caters to all tastes: spectral
degree with the arguments above and, tinual practice. In recent years, I have studies, image analysis, lithogeochemis-
thus, a very clear message that affirms been increasingly called on to undertake try, database management/GIS, and 3-D
the importance of good-quality geolog- applied geological mapping courses data modeling are prime examples. This
ical fieldwork and mapping is needed. for both major and junior companies specialization is likely to increase in the
Some companies promote this message in various jurisdictions. Clients who future with further emerging technol-
very well, others less so. My personal request this training (a) recognize that ogy, and the need for well-coordinated
experience indicates that, quite often, discovery is only going to be made in teamwork, if exploration is to be really
project geologists with several years the field and that geologists, therefore, effective, has never been greater.
experience working for major compa- should be active in the field, (b) show Even though, as geologists, we might
nies are surprisingly deficient in basic an unwavering commitment to techni- aspire to be jacks-of-all-trades, it is
mapping and field geological skills. cal geological excellence, (c) are aware now virtually impossible for individu-
Similarly, many company maps I review of the added value that ongoing field als to master all the multidisciplinary
during consulting assignments and training of their geological teams pro- techniques employed in exploration.
property evaluations (mainly, though by vides, and (d) generally offer long-term Not surprisingly, the highly computer
no means exclusively, in Latin America) job stability and incentives, minimizing literate digital-age generation tends to
seem to lack many of the fundamental the chances that their highly trained gravitate toward activities incorporating
attributes of well-crafted, coherent and, staff will defect to higher bidders in this technology; geological mapping,
most importantly, exploration-oriented the boom times. Most serious mining while, to some extent, also moving with
geological maps. This cannot bode well companies surely would aspire to these the digital age, might seem rather low
for any subsequent exploration efforts. corporate philosophies. tech by comparison. The corollary to
So are senior managers carrying the this tendency is that those geologists
geological flag and is the message The role of senior geologists passionate about field geology and
really getting across? Senior company geologists need to determined to remain active in the field
occupy a position at the technical and are, in effect, also becoming specialists
A return to field-based creative epicenter of their exploration in their own right. The industry needs
mentoring and training groups and adopt a more active role in to recognize these individuals early on
This message of reinforcing the value transferring their knowledge and experi- and keep them motivated in their field-
of high-quality geological fieldwork ence to junior geological staff, including based activities via ongoing training,
requires complementary action on the a prominent supervisory role in the promotion, and rewards on a par with
part of senior management if it is to be field, as was the case when I started out other specialists in the exploration
effective. Valuable in-field mentoring of on my career in the late 1980s. More team, as well as those in senior manage-
junior geologists by more senior staff recently, I have quite often seen junior rial roles. A technical career path should
which characterized many of the larger project geologists ploughing a lonely never be regarded as inferior in any way.
mining companies of yorehas all but furrow and struggling to get to grips
died out, particularly with consolida- with technical aspects of the geology. A Computers and new technology...
tion of the mining business and the healthy balance between office respon- just more tools, really
commensurate reduction in the num- sibilities and the field needs to be agreed My personal perception is that the
ber of large mining houses having the on between senior geologists and higher decline in field geological and mapping
No 105 APRIL 2016 S E G N E W S L E T T E R 15
skills correlates very strongly with the Computers simply organize and shifts of fieldwork are involved, which,
ascendancy of the computer in the arse- display data andwhile of tremendous in some cases, are reduced to a week
nal of tools available to the geologist assistance, particularly with multiple or less, with half of that time spent in
and, understandably, the latter holds data setsthey do not do the hard mobilization. In some jurisdictions (e.g.,
strong appeal to the younger, digi- thinking or drive the imagination. This Chile) these shift restrictions are legally
tal-savvy generation of explorationists. must come from the geologist. As dis- imposed and generally apply to projects
There is clearly a strong temptation to cussed by Wood (2010), geological inter- at high altitudes. Shift length must be
avoid or postpone the rigors of the field, pretation and the thought that goes set to strike a balance between achiev-
deferring instead to computer-based into the accompanying visualization/ ing significant advances in quality
work, with all its high-tech appeal, targeting process foster a very particular fieldwork and what is considered to be
in the comfort of the office. This will form of creativity that is perhaps unique a reasonable time away from home and
be further fuelled, to some extent, by to resource discovery. This capability to family.
emerging technologies under develop- visualize the orebody existed well before
ment in response to the ever-increasing computers came on the scene and will
challenge of finding the remaining become increasingly important in the
CONCLUDING REMARKS
orebodies, many under cover and in next generation of deeper discoveries. The future of geological mapping and
deep-Earth settings. fieldwork applied to mineral explora-
Computing is an increasingly pow- Being effective in the field tion will depend on the capacity of our
erful tool in what we do and invaluable A recurrent issue reported by young industry to find, train, and motivate the
for integrating disparate information, staff and project geologists is the ever next generation of field geologists, who
but this should never be at the expense more limited time available to devote to will, like their predecessors, undoubt-
of the up-front fieldwork and collection technical work in the field. On numer- edly play an important role in deliver-
of hard data that are relevant and reli- ous projects I have been involved with, ing the mines of the future, despite the
able. Much of the data we process still project geologists keen to get out and increasing challenges this will entail.
have to be collected by humans in the map are frequently swamped with other Keeping experienced eyes active in the
field, where the geological context can often nontechnical responsibilities, field is key. As noted by Wood (2010),
be clearly documented. Of course, ever including logistical and organizational discovery cannot be taught as such, as it
more sophisticated in-field technology tasks, as well as data management, requires not only strong technical skills,
for digital data capture is now available monthly reports, and lengthy prepara- but other special personal attributes
for the digitally minded field geologist tion of presentation material. Time-in- which are not always easily defined.
if s/he wishes to go that route. Brimhall tensive geological mapping is thus A comprehensive understanding of
et al. (2006) have even suggested that relegated to the bottom of the pile the nature and field characteristics of
digital field-mapping technology may in and then frequently conducted in very mineralized systems, based to a large
fact help attract the younger generation piecemeal fashion, with all the inherent degree on informed geological map-
of geologists to fieldwork; this might be problems of continuity and consis- ping and careful fieldwork, has served
true, although I suspect most committed tency. The solution here is delegation of the industry well in the past and will
geological mappers are actually driven nonessential tasks and sensible prioriti- remain a crucial step on the pathway to
by other personal motivating factors. zation of essential tasks. It is appreciated discovery.
However, technology should never that the ever-present pressure of finite
become a distraction from the basic resources weighs heavily, particularly on REFERENCES
objectives. Both low-tech geological the juniors, but the use of technical staff Brimhall, G.H., Dilles, J.H., and Proffett, J.M., 2006,
The role of geological mapping in mineral explo-
mapping and, for example, high-tech for nontechnical responsibilities clearly
ration: Society of Economic Geologists, Special
analyses of minerals in distal alteration constitutes very inefficient exploration Publication 12, p. 221241.
halos are simply tools and methods practice. Heather, K., The lost art of geological mapping:
which should be selected or combined Constraints on timeor limited staff Should we care?: ChileExplore Congress, Santiago,
Chile, September 2015, Oral Presentation.
on the basis of which in the end pro- resourcesare one of the major rea- Marjoribanks, R., 2010, Geological methods in
vides the most effective approachi.e., sons geological mapping is increasingly exploration and mining, 2nd ed.: Berlin, Heidel-
gets to the ore deposit quickly and contracted out to specialists. This is berg, Springer-Verlag, 238 p.
Proffett, J.M., 2004, Geologic mapping and its use
efficiently, given the particular scenario. usually a cost- and time-efficient option
in mineral exploration [ext. abs.]: Centre for
It is important that field-based geo- but comes with the disadvantage that Global Metallogeny, University of Western Austra-
logical mapping, where relevant and the unfortunate, office-bound, company lia Publication 33, p. 153157.
feasible, is not unnecessarily eclipsed geologists are not privy to the geological Wood, D., 2010, Mineral resource discoverysci-
ence, art and business: SEG Newsletter, no. 80,
by other tools simply because the latter insight provided by mapping, do not p.1217. 1
are technologically more sophisticated. advance their field skills, and become
Considerable advances can still be less capable of undertaking their own
gained in most exploration situations mapping in the future.
from low-tech mapping, coupled with I often witness low productivity
insightful modeling. in the field, particularly where short
16 SEG NEWSLETTER No 105 APRIL 2016
VIEWS
We Must Change Exploration Thinking
in Order to Discover Future Orebodies
INTRODUCTION employed in mineral exploration need rather than adjust
to shoulder some of the blame for this their local discov-
Many of our Societys members work in
pain, and Burban listed reasons for why ery strategy and Dan Wood, AO
mineral exploration and many stu-
we need to do this, such as spending tactics.
dent members probably hope to find (SEG 2010 F)
hard-to-get funds on projects that are
employment in this or a related field. Decline in
unlikely to be profitable for a very, very
While discovering ore is the primary exploration
long time ... if ever. He also suggested
wealth-creating part of mining, explora-
these projects tend to be concentrated Richard Schodde
tion rarely is seen as crucially important
at relatively shallow depths and are from MinEx Consulting compiles data
by mining company boards and CEOs
being recycled again and again. No on mineral exploration in various
or industry analysts when economic
wonder investors are questioning the regions of the world (Schodde, 2013,
conditions are toughit is inevitably
perennial game of smoke and mirrors 2014), and his data since 1975 led to
the first casualty of hard times. It has
that has been played by the exploration three disturbing observations that are
always been this way and is probably
industry since the relevant to future explora-
never likely to change.
early 1970s, as he While discovering ore is the
tion, particularly in Australia
I recently published a note in the
put it. primary wealth-creating part and North America.
Geological Society of Australia news-
Im not as cynical of mining, exploration rarely is First, while 60% of world
letter (Wood, 2015) responding to a
about the conduct of seen as crucially important by exploration expenditure was
letter by a geologist colleague under the
exploration since the mining company boards and spent collectively in Austra-
heading Resource doldrums (Burban,
early 1970s, although CEOs or industry analysts when lia, Canada, and the United
2015). Burban put forward a number
I believe it started to economic conditions are tough States in 1975, by 2014 this
of reasons for why he thought mineral
lose its way some- figure had fallen to 30%. One
exploration is in its presently parlous
time in the 1990s, as opportunities to of the reasons for this is the increasing
state.
discover shallow orebodies diminished red tape of bureaucracy companies
The following is an expanded ver-
significantly throughout much of the have to deal with in these countries.
sion of my note, which generally agrees
world. Yes, shallow orebodies were still However, there is undoubtedly a strong
with Burbans thesis. I hope it may
discovered in the 1990s, and they were perception that the chance of discov-
assist SEG members trying to make
not necessarily in exotic and difficult ering an orebody has been diminished
sense of the challenging world they
locations. I also do not believe that substantially in the decision by many
presently face in seeking or continuing
every shallow orebody has been dis- companies to significantly reduce explo-
employment in mineral exploration or
covered; they are just likely to be more ration expenditure in Australia, Canada,
mining, and contribute to discussion
difficult to discover in many countries and the USA.
within the Society about the most seri-
because of masking cover material, Second, Schodde shows that world
ous issue members have faced in the
etc. However, I do believe there was a expenditure on base metals plus gold
past 30 years.
need, 20 years ago, for major change in exploration fluctuated in the US$2 to
My comments are focused on por-
how we conducted the search for new 5 billion range (in 2012 dollar terms)
phyry copper and copper-gold deposits
orebodies, particularly in recognizably from 1975 until 2005, when it rose rap-
which are mined on a large scale, but I
mature exploration jurisdictions in Aus- idly to peak at ~US$18 billion in 2012.
suggest from experience in discovering
tralia, Canada, and the USA, and this It then fell quickly to ~US$10 billion in
low-sulfidation epithermal gold depos-
did not happen. 2014, with more reduction probably to
its that some of my suggestions have
I see little evidence that the need follow, possibly returning to the US$2
relevance to the future discovery of this
for change has been recognized and to 5 billion range of 1975 to 2005.
and other types of ore, recovered using
acted upon substantially in any of these Third, many of my generation
a narrow-vein mining technique.
three countries in the past 20 years. of exploration geologists expected a
Exploration geologists have to take a technological (geophysical) revolution
PAST AND PRESENT significant share of the responsibility for would come to dominate discovery,
EXPLORATION APPROACH this lack of action, as only we have the but this hasnt happened. As Schoddes
Burban (2015, p. 8) proposed that much necessary knowledge to argue the need compilations show, generous attribution
of explorations present pain is self-in- for change. Company management would only credit geophysics as the
flicted and, in his words, is partly the and geologists (where they were in a leading factor in selecting suitable base
result of what happens when grandiose position to influence strategy) in these metal exploration projects, for example,
plans based on magical thinking dont countries often elected to basically tilt in at most 30% of cases, and in <50% of
pan out; or, put less critically, is partly at windmills and invariably waste share- cases when deciding where to drill the
the result of ill-considered explora- holders money by riding off to ever first hole. For gold projects, the esti-
tion strategies and tactics. Those of us more exotic and high-risk locations, mates are <20% and <10%, respectively.
No 105 APRIL 2016 S E G N E W S L E T T E R 17
So, what do these observations fore- were seeking ore amenable to open- grade. A small, necessarily higher grade
shadow for the future of exploration, pit mining, and most still are, if their copper-gold orebody, for example, will
as well as employment of our younger present method of exploring is a reliable generally contain in excess of 50million
members? Timing is important in explo- guide. Very few groups tested deep tonnes of ore and will occupy a volume
ration and, while it is no consolation enough to discover ore in the next of more than 20millionm3, with a plan
for those about to graduate, at some 1.7km below surface, down to 2-km area which, ideally, is at least 200m2,
time during the next five years the min- depth, for example. On rare occasions, a and a vertical dimension of 500m or
ing cycle should turn up, provided past deep orebody was discovered. more.
experience is a guide, world demand During the recent boom, from 2005 This is not a small target at any
for metals continues to grow, and the to 2012, ~US$100 billion (in 2012 US$) depth, even at 500 or 1,000m, and is
present imbalances even out. For those was expended on gold plus base metals magnified >tenfold if a typical porphyry
members presently without relevant exploration, roughly at an average rate orebody is being sought. A 500-Mt por-
employment but determined to pursue of ~US$12 billion per year. Given this, it phyry orebody amenable to cave min-
a career in exploration, the challenge is is easy to accuse the exploration sector ing, for example, will have dimensions
to find a productive way of maintain- of squandering shareholders money, that are some variation of 400 500
ing contact with the mining industry as Schodde estimates this expenditure 1,000m. Given that porphyry deposits
during this slow period, however long produced fewer than 13 tier 1 gold almost always are flanked and over-
it lastswhich will not be an easy task and copper discoveries (12 from 2004 lain by barren to variably mineralized
(Wood, 2014). to 2013, where the net present value and altered rock, the plan area of the
The reason for suggesting there of a tier 1 discovery is >US$1 billion). geologic target is very large and is easily
may be opportunity at the end of the No wonder investors began to ques- a square kilometer or more in size for a
downturn is because of explorations tion the value of this expenditure. The 500-Mt deposit. Exploring for a target of
aging geologic workforcemuch of mining industry has a major challenge this scale does not require close-spaced
which probably will leave the industry to convince investors that the return drilling and large expenditure during
over the coming decade. When the from high-risk exploration justifies their the discovery phase.
demographic bubble of older geolo- funding support. Neither does a successful search
gists retires, there may not be adequate Burban (2015, p. 8) proposed that necessarily require an elaborate foren-
numbers of locally trained geologists blind deposits and underground sic approach. It does, however, require
to supply the resulting exploration block-caving mining methods are very geologists conducting exploration to be
demand in many parts of the world. much the way of the future, a forecast aware of what will be encouraging indi-
The value of this proviso depends, I endorse for some large orebodies. cations of ore potential in deep, widely
however, on exploration compa- However, I dont fully accept his related spaced discovery holes, and to have
nies adopting a progressive business comment that finding these non-out- the confidence and opportunity to drill
approach to discovering ore over the cropping deposits is both time-consum- deep follow-up holes to investigate rela-
next decade, thereby restoring investor ing and expensive due to the forensic tively meager or negligible geochemical
confidence in financially supporting nature of the search. Based on my results because of other evidence. They
exploration; neither of these outcomes experience at Newcrest Mining, I sug- need to be guided by the possibilities
is by any means certain. gest there is no compelling reason why that the geology offers up as a guide to
discovery of an orebody mined by cav- ore, and they need to be supported by
ing necessarily has to be greatly more their management to drill the required
EXPLORE DEEPER expensive or time consuming than holes. Above all, success requires geol-
NEAR MINES discovery of one mined by open pit, ogists to be pragmatically creative and
The relative halving of expenditure in particularly if exploration is conducted optimistic in their thinking. There is
Australia, Canada, and the USA started with cave mining in mind. nothing new in this.
in 1995, and this is when I suggest Cave mining is a mass underground A willingness to drill a barren
exploration in these countries should mining technique (Wood et al., 2010) quartz-vein stockwork on the top of
have made the transition to a different and only can be applied economically Mt. Fubilan in Papua New Guinea, for
way of exploring. There was then an to a deposit with a particular geome- example, was the reason for discovery of
obvious and compelling need to largely tryto be such an orebody, the deposit the Ok Tedi orebody at shallow depth in
abandon a predominantly surface has to have a regular geometric shape 1969, nearly 50 years ago. International
to near-surface target approach and and be relatively large. Its shape may be expert discussion about the significance
embrace deep exploration. that of a rectangular block or a solid or of a possible leached capping exposed
The reason for this is simple and annular ore-ring cylinder, for example. on top of Mt. Fubilan had resulted in
apparent if we consider two points: Its size means it will present as a rela- indecision and procrastination up to
(1) the discovery rate of major ore- tively large target, both volumetrically that point. The simple pragmatic obser-
bodies had been falling from the early and in plan area. vation by Ken Phillips was that the only
1970s onward and (2) the depth of A deposit mined using caving will be way to determine what occurred below
discovery was mostly 200 to 300m or measured in the 10s to 100s to 1,000s the barren outcrop was by drilling a
less (Schodde, 2013), and has largely of millions of tonnes of ore. Invariably, hole through it (Hope, 2011). He was
remained the same up to now. The the smaller the tonnage is, the higher rewarded when the hole was drilled and
reason for the relative shallowness of the average grade requirement will be, high-grade supergene copper mineral-
discovery is not geologiccompanies but location will play an important ization was intersected
exploring during this period mostly role in determining required metal only 40m below surface. to page 18 . . .
18 SEG NEWSLETTER No 105 APRIL 2016
. . . from page 17 VIEWSWe Must Change Exploration Thinking in Order to Discover Future Orebodies (continued)
Explorations dismal success record The first change in this thinking is 3. Exploration geologists need to
over the last couple of decades alluded simply to disregard existing wisdom become much less risk-averse when
to by Burban (2015, p. 8) possibly didnt about the orebody potential of previ- it comes to what evidence is required
need to happen, either. Nor should it ously explored mining districts and to before drilling an early and deep
be taken as necessarily predicting the revisit and reevaluate these, wearing a exploratory hole.
outcome of future exploration. Explor- different set of glasses that look deep. 4. In turn, these same geologists need
ing apparently greenfield projects also Evidence of uneconomic mineraliza- to throw off the mental shackle that
does not warrant being labeled as too tion at the surface and previous mining prevents them from using a drilling
expensive by investors, as he suggested should be treated as an indicator of a rig as nothing more than a giant
is the case. There are ways in which districts metal fertility and a possible geological hammer with which
deep exploration can be conducted predictor of deep orebody discovery. to sample rocksdevelopments in
that are cost-effective and efficient, in There is nothing particularly original in coiled tube drilling technology offer
both brownfield and greenfield settings, this suggestion; it is basically common opportunity to significantly reduce
provided the search is conducted in a sense and an approach with a long drilling cost (Giles et al., 2014).
permissive geologic terrane by explo- history and track record of successi.e., 5. Exploration must return to its geo-
ration geologists who understand their the shadow of the headframe logic roots and wean itself of the
target. approach (Meussig, 2014). hope that a black-box technique of
An orebody with its top located 500 some sort will enable it to discover
to 1,000 m below surface is unlikely to deep oretechnology should sup-
SUGGESTION FOR exhibit an obvious sign on the surface port, not drive, exploration.
FUTURE EXPLORATION saying drill here; however, it may
display subtle surface and near-surface Satisfying these conditions will
It should be obvious by now to the min-
indications of ore potential if one has go a long way to rewarding specula-
ing industry that continuing to apply
the skill and good fortune to recognize tive investors who fund junior-sector
shallow-target exploration strategies and
these (Wood, 2010). If discovery is to be exploration. After all, exploration is a
tactics will fail to produce an acceptable
achieved efficiently and cost-effectively, high-risk endeavor and it is better to be
frequency of orebody discovery in the
the ability to manage risk is necessarily spending whatever speculative capital is
future, irrespective of the successes post-
embodied in this skill. available on exploring for ore at depth
1950. These strategies also will fail to
The second necessary change goes to than on continuing to recycle failed
encourage speculative investors to risk
the heart of the way most of us explore. projects that tend to be concentrated
their capital in funding junior-sector
It requires that we drill deep holes early at relatively shallow depths (Burban,
exploration. Companies must capitalize
in a project with the objective of col- 2015, p. 8) and mostly never produce a
on the evolution of mass mining pres-
lecting relevant geologic information, reward. High risk needs to be accompa-
ently underway and move from seeking
rather than in the way we have been nied by the possibility of high reward.
orebodies that will be mined by open
taught mostly to do(hopefully) inter- Applying capital to deep exploration
pit to ones that will be mined using
sect ore. This is not as heretical a pro- means there is a chance high-grade ore
some type of mass underground mining
posal as it may seem. If there is deep ore will be discovered, as occurred with
technique.
to be discovered, building a reliable 4-D Newcrests discovery of the Ridgeway
Deep exploration raises significant
picture of the local geology as quickly orebody at Cadia (Wood, 2012).
challenges for junior companies with
as possible after beginning the search is I believe that if these conditions
limited access to funding; however,
crucial to efficient discovery. become the new norm for how explo-
these challenges may be overcome
I suggest there are five simple ration is conducted, the future for ore
if progressive funding strategies are
requirements that must be adopted to discovery will be improved, as may the
adopted and applied (Sillitoe, 2010;
lead to the discovery of deep ore: chance of our student members gaining
Enders and Saunders, 2011). Some
employment in mineral exploration.
major companies have already started to 1. Exploration geologists must under- Failure to make the necessary changes
focus on deep orebodies, but these com- stand and accept that most of the to exploration strategy and tactics will
panies tend to be the exception rather Earths crust below about 300-m likely delay a resurgence of exploration
than the rule. Other companies were depth is unknown, in an orebody activity until the need to change is
doing this from the mid-1990s onward sense, as was much of the upper finally acknowledged and forced upon
and the success of their foresight was 300m of crust when modern explo- industry. Exploration is a business, not
demonstrated by the discoveries they ration started post-World War 2. a lifestyle, and is no different from any
madeat Cadia, Oyu Tolgoi, Rio Blan- 2. Exploration managers must educate other business where shareholders
co-Los Bronces, Escondida, etc. their company CEO and Board, as
capital is applied; it has to produce an
Although shifting focus from well as investors, about the unreal-
acceptable financial return to investors
near-surface to deep targets may seem a ized ore potential of the 80% of the
or be modified so that it does.
daunting challenge to many exploration Earths crust that is poorly explored
geologists, it is not a radical proposal, in known mining districts and
nor is it one that requires difficult metallogenic provinces, from about ACKNOWLEDGMENTS
changes in the way exploration is con- 300m below surface down to 2-km Dierdre Westblade, Jeff Hedenquist, and
ducted. It does, however, require signifi- depth (and this does not include the John Thompson are thanked for their
cant change in exploration thinking. potential of greenfield regions). constructive reviews of this article.
No 105 APRIL 2016 S E G N E W S L E T T E R 19
Meussig, S., 2014, The ore finders: SEG Newsletter, Wood, D., 2010, Mineral resource discoveryscience,
REFERENCES no. 97, p. 1719. art & business: SEG Newsletter, no. 80, p.1217.
Burban, R., 2015, Resource doldrums: Geological Schodde, R., 2013, Long term outlook for the global 2012, Discovery of the Cadia deposits, NSW,
Society of Australia Inc, TAG Newsletter, no. 175, exploration industry: Geological Society of South Australia (part 2): SEG Newsletter, no. 89, p. 1,
p. 8. Africa, Geo Forum Conference, Gloom or Boom?, 1722.
Enders, S., and Saunders, C., 2011, Discovery, inno- Johannesburg, 25 July 2013, Oral Presentation. 2014, Not for the faint-hearted: SEG Newsletter,
vation, and learning in the mining businessnew 2014, The global shift to undercover explora- no. 97, p. 2021.
ways forward for an old industry: SEG Newsletter, tionHow fast? How effective?: Society of Eco- 2015, Australian explorationa fundamentally
no. 86, p. 1, 1622. nomic Geologists, SEG 2014: Building Exploration changed approach needed: Geological Society of
Giles, D., Hillis, R., and Cleverley, J., 2014, Deep Capability for the 21st Century, Keystone, Colo- Australia Inc, TAG Newsletter, no. 176, p. 3738.
exploration technologies provide the pathway rado, September 2014, Proceedings, Flash Drive. Wood, D., Chitombo, G., and Bryan, S., 2010,
to deep discovery: SEG Newsletter, no. 97, p. 1, Sillitoe, R.H., 2010, Grassroots exploration: Between Mass underground mining and the role of the
2327. a major rock and a junior hard place: SEG News- exploration geologist: SEG Newsletter, no. 83,
Hope, A.R., 2011, The Hope factormineral letter, no. 83, p. 1113. p.1, 2225. 1
discoveries Australia, Papua New Guinea and the
Philippines: Self-published, 536 p.
JOSEPH R. ANZMAN
Exploration Geophysicist
consulting
interpretation PAUL W. KUHN
project management President
geophysical surveys
domestic & foreign paulk@avrupaminerals.com
www.avrupaminerals.com
P.O. Box 370526 303-519-0658
Denver, Colorado 80237 geophjoe@gmail.com Direct: +351-253274070 Portugal mobile: +351-925972240
Fax: +351-253615041 U.S. mobile: +1-509-990-6786
approach in terms of commitment of grade. While this enables the company may also be uncovered. It will also
resources and management time in to grow the resource base, it is usually enable management to better determine
order to be successful. In practice, the accompanied by higher unit operat- opportunities to expand production or,
three sources are, respectively, short-, ing costs. These higher costs make the alternatively and equally importantly,
medium-, or long-term solutions. mine vulnerable to any subsequent fall plan for orderly mine closure.
in commodity price(s). Unless there is However, there may be a darker
a structural change in the commod- side to solely focusing on brownfields
EXPANSIONS AT ity price(s), these are doomed to be exploration. At one extreme, the writers
EXISTING OPERATIONS marginal resources for some consider- are aware of situations where a satellite
ARE HIGHLY SUCCESSFUL able time. Reversing the process and resourcewhich, in a greenfields envi-
Exploration and development in the high-grading the deposit will cause ronment, may be economically viable
shadow of the headframe have long its own fresh set of problems, with the as a stand-alone minehas remained
played a key role in driving growth and most obvious outcome being the drastic undeveloped for several decades because
sustaining the minerals industry in the shortening of the remaining mine life. of the scheduling priorities for the
short to medium term, and in help- This may result in insufficient lead time main mining operation (i.e., there is ore
ing companies get through periods of for near-mine exploration to identify, closer to the mill, although it is not nec-
industry downturn, such as is currently drill out, and deliver additional reserves essarily better). Conversely, the writers
being experienced. to the production schedule. As a result, also know of cases where the imperative
Over the past two decades, brown- the mine cannot sustain its operating to feed a hungry mill causes compa-
fields exploration has been a very cost, has no resource base defined on nies to destroy value by developing mar-
important and successful investment for which to grow, and may be forced to ginal resources (often smaller, deeper,
many established mining companies. close prematurely. lower grade, or of poorer quality). This
In particular, Sillitoe (2010a) reviewed This issue of manufactured is a particular risk for mines nearing the
31 base- and precious-metal discover- resource growth is not limited to exist- end of their economic life. More gener-
ies in the circum-Pacific region for the ing mines. In recent years, many new ally, there is also the risk that mine-site
period 19962008 and found that over projects have also grown in apparent geologists may overlook potentially
60% were spatially linked to existing size through using a lower cutoff grade. attractive alternative exploration targets
or historic mines. This statistic is also Further studies are required to deter- because of entrenched views on the
reflected at the company scale. Brown mine the full impact and consequences local geologic model.
(2013) reported that 60% of discoveries of changing cutoff grades on the size of
made by Anglo American in the decade the mining industrys reserves and mine
19992010 were in mature belts or near lives. Such studies may help to mitigate DEVELOPING
existing operations. Industry wide, this the amplitude of the cyclicity observed NEW PROJECTS
brownfields success has led to resources in the industry in the recent past. In 1556, Georgius Agricola wrote that
being booked to balance sheets at an a miner, before he begins to mine
unprecedented rate (S. McIntosh, pers. the veins, must consider seven things,
commun., 2014). As a result, despite
IS THIS SUSTAINABLE? namely: the situation, the conditions,
the rapid increase in copper and gold This past emphasis on brownfields the water, the roads, the climate, the
production, overall reserves have gen- growth has been highly successful right of ownership, and the neighbours
erally been maintainedthough this is and there is much to commend it as a (Agricola, 1556). Little has changed
heavily reliant on a companys ability short- to medium-term solution. Having in the intervening 450 years. Today,
to convert new resources into mineable an active and effective brownfields mineral development projects remain
inventory. A good example of this is exploration program will result in a focused on challenges associated with
the Los Bronces mining camp in Chile. better understanding of the true size deposit quality, deposit size, location,
Since acquiring the operation in 2002, and quality of the orebody and, indeed, perceived level of development capital
Anglo American has grown the copper of the wider district. The brownfields intensity, perceived sovereign risk, com-
resource there by a factor of five (Figure exploration program carried out by munity relations, and the overall macro-
1). Its defining challenge over the next BHP Billiton centered on the Escon- economic environment (e.g., Crowson,
decade will be to improve the resource dida orebody in Chile extended known 2008; Lenero and Thompson, 2014).
confidence, ultimately leading to min- orebodies and discovered a new one While, individually, these are challeng-
ing of these new resources. (Pampa Escondida) as a direct result of ing aspects of developing any mineral
knowledge gained during initial investi- project, they may often be collectively
gations. While not strictly a brownfields perceived as insurmountable, leading to
QUALITY STILL COUNTS environment, Rio Tinto leveraged its deposit dormancy.
It should be noted, however, that growing understanding of the La Granja As a result, the landscape is littered
some of the recent reported increase in district in Peru to discover a much with projects that have yet to deliver
resources may be an artificial economic broader porphyry belt in the district returns to their shareholders. This is evi-
construct rather than real growth in than previously recognized. The work denced by a study carried out in 2004
potentially mineable ore; namely, it is may also enhance effectiveness; any (by the writers) of 250 base metal and
the result of using higher commodity geotechnical and metallurgical issues gold projects that were then dormant
prices to justify using a lower cutoff associated with mining and processing for various social, technical, economic,
No 105 APRIL 2016 S E G N E W S L E T T E R 21
and/or sovereign risk reasons. More technical, economic, social, and envi- longer-term consequences for discovery
than a decade later, fewer than 10% ronmental issues (e.g., Matheson and and development rates (e.g., Sillitoe,
of these deposits have progressed to Acloque, 2013). Exploration leading to 2010b). It is also a feature of the mining
production. This raises the quite valid discovery is a long-term solution that industry that timing delivery of projects
question of why many or most of the demands resilience, consistency, and to take advantage of market trends is
failed projects were ever considered for improved efficiency. challenging, and an applied effort to
development. improving delivery forecast with price
Schodde (2014) completed a com- alignment would be beneficial.
prehensive survey of 3,500 nonfer- FOCUS ON FOSTERING To further illustrate the challenges
rous metal discoveries in the period EFFECTIVE PROJECT and benefits of achieving good prac-
19502013 and found that (so far) DELIVERY tice in project delivery, an analysis
only 45% have been converted into While much discussion has centered was carried out of the portfolio of 182
producing mines. Moreover, the rate of on the discovery process and how to mineral projects held by a major mining
conversion appears to slow with time. improve success, there appears to have company, spanning greenfields to reve-
When breaking this down into decadal been less focus on how to improve the nue-producing operations. As shown in
blocks, the period 19751984 indicated mining industrys ability to deliver a Figure 2, the companys annual budget
the average lead time from discovery new mining project quickly. This step allocation for geology demonstrated
to delivery for gold projects was five of the process is often overlooked and a clear bias toward in-mine and near-
years. Two decades later (19952004), undervaluedbut is arguably where mine activities (a combined total of
the lead time had grown to nine years. most value leakage occurs. more than 60% in 91 projects). Only
While it could be argued that, given The ability to move a project through 20% of the total geologic expenditure
enough time, most projects will end up the pipeline to commission a revenue- was allocated to advancing orebody
being put into production, this is cold producing asset is a key measure of suc- knowledge for projects at the advanced
comfort for the original shareholders, cess. Assessing expenditure at different exploration and mine-development
who are unlikely to ever see a return on stages of evolution of the mineral proj- stages in order to inform further invest-
their investment. This pointthat the ect may indicate both the efficiency (for ment decisions. The knock-on effect of
lead time from exploration to delivery is example, the speed at which the project this is an inability to find the optimal
simply too long for the attention span moves through the different stages) and configuration for the planned mining
of most investorswas similarly noted the effectiveness (for example, timing operation, resulting in yet more feasibil-
by Sillitoe (2010b). of delivery of an operational mine) of a ity study requirements prior to securing
The last point is of vital importance mining companys growth strategy. At development investment approval from
for building the business case for invest- a global level, SNL Metals and Mining the Board.
ing in exploration: there is no value in (2014) reported an upward trend in the
finding deposits that dont get quickly
developed. In fact, because of the high
allocation of brownfields and opera- FOSTERING EFFECTIVE
tions exploration budgets, rising from
cost of drilling out the resource and 16% of total spend in 2006 to 29% in
PROJECT DELIVERY
completing the various studies (scop- 2013. This trend is attributed to these With the recent market downturn, the
ing, prefeasibility, and feasibility), such activities generally being a less expen- major mining houses have shifted their
activities are value destructive. sive and less risky way to add resources focus from growth to cash preservation.
Where exploration is away from the and replace reserves. This outcome has Ernst and Young (2015) reported cuts in
headframe, project delays are magnified. come at the cost of declining greenfields capital expenditure across the industry
In the above-quoted study by Schodde exploration (down from 40% to 32% of more than US$27
to page 22 . . .
(2014), it was found that, over the over the same period), which may have billion since 2012.
period 19502013, the average delay
between discovery and production for
greenfields copper projects was 18.4
years, versus 15.6 years for brown- No. of
fields projects. Further, the scale of the 25% 25% 50%
projects has dramatically increased.
Projects
Consider the construction costs for the
Alumbrera mine in Argentina of US$1.2
billion in 1998 compared to US$3.85
Budget
billion direct capital costs accrued by
Allocation 17% 20% 63%
Rio Tinto at its Oyu Tolgoi open-pit
mine in Mongolia to 2013 (AMC Con-
sultants, 2013). Adjusting for inflation,
this still represents a 100% increase Greenfields
in costs for a similar project over the
course of 15 years. Mine Development
It should also be recognized that
Brownfields & Operations
a significant proportion of currently
undeveloped projects will remain
indefinitely on the shelf because of FIGURE 2. Number of projects and associated expenditures for a major mining company.
22 SEG NEWSLETTER No 105 APRIL 2016
Yet, in order to meet growth in demand EPCM companies. However, an EPCM 3. Consider continuing
for commodities and maintain produc- company does not own the process. professional development
tion profiles, the industry still requires As design challenges arise, the process The importance of human capital in
investment of more than US$790 billion reverts back to the mining company that any successful business is well recog-
over the next 10 years. Given this rate commissioned it. Without a full integra- nized. Effective and proactive succes-
of expenditure, a strategic framework tion of teams, the underlying technical sion planning leaves an organization
is demanded to ensure both efficient parameters may be called into question, prepared for expansion and able to
and effective use of these funds. The with inevitable delays resulting. Further- cope with the loss of key employees,
increase in shareholder activism with more, with the sheer number of projects and provides a talent pool for new
respect to capital expenditure and the being commissioned in the mid-2000s, roles or internal promotions. Equally,
major mining companies response to the competition for talented and expe- retaining talented individuals requires
this provide further impetus. Indeed, rienced project managers, coupled with an analysis of current skills, identifying
as recently as 2008, Rio Tinto boasted a the pressure to be seen to undertake large appropriate learning experiences (prefer-
project development portfolio valued in capital projects, meant that quality was ably through assignments and special
excess of US$21 billion, which climbed sometimes compromised. projects), and continual engagement
to US$37 billion in 2011. In 2014, Rio Putting the right team in place with the employees concerned. Building
Tinto had slashed this to US$13 bil- might take the form of more flexible, project teams charged with delivering
lion, with a further fall to US$8 billion modular units, such as those seen in new businesses to the entity provides
in 2015. The most obvious knock-on the automotive or high-tech industries outstanding pathways for achieving
effect from this will be a further increase (Hart et al., 2013), and has been part of continued professional development
in the delay between discovery and the ore processing development strat- and succession plans.
delivery. Yet delivery is necessary to egy of Xstrata from 2007 onward. In
demonstrate a return on the investment the automotive and technology indus- 4. Turn governance on its head
and stimulate further growth in the tries, building capabilities (whether When large-scale projects are under-
industry. In order to address this issue, plant or people) into the organization taken, competing interests, poor
we propose that the industry pursue the to deliver standardized, repeatable decision-making processes, and lack
following four (key) factors to improve outcomes (that can be recycled across of accountability are all elements that
effectiveness: many projects) is a central tenet. One of can corrupt the delivery outcome. The
the stumbling blocks in mining project result is an inexorable rise in oversight
1. Build orebody knowledge delivery, exacerbated in the discipline from the head office. While a complex
quickly and thoroughly of geology, is the perception by some subject, it is most widely accepted
For any investment decision, more managers that each project is unique. that governance determines who has
information usually leads to an As a result, standardization is avoided. power, how decisions are made, how
improved outcome. Having more However, there are signs that the min- different actors make their voices heard
options available to the company allows erals industry is adopting modern prac- and, ultimately, how accountability is
it to optimize. In particular, technical tices and building in-house teams, with rendered. The subject of governance
teams need to shift their mindset from a recent example being Antofagasta has grown in importance over the past
What do we have? to How will it per- Minerals, which has announced its decade, with large mining companies
form? Project managers need to then intention to build larger in-house teams grappling with its concepts and oscil-
use this orebody knowledge to identify and thereby reduce reliance on proj- lating between an advisory role and a
and manage key project risk factors. ect management companies in order command-and-control model, neither
As a consequence, the important but to improve capital controls. Similarly, of which provides an optimal outcome.
often overlooked areas of geotechnical First Quantum Minerals announced Ultimately, the project manager in the
engineering and geometallurgy should potential savings of US$1 billion on a field needs to embrace the head-of-
continue to grow in stature. Project US$6.2 billion development cost of its fice governance inputs, but there is a
managers should convey the need to Cobre Panama project in Central Amer- tendency to only do so where there is a
acquire orebody knowledge in terms of ica by employing in-house expertise compelling value proposition available
overall project risk. rather than EPCM firms (Jordan, 2013). for the EPCM.
Another example is the way in which An alternative model may be for an
2. Configure your delivery Glencore is evaluating common-sized EPCM company to act as the gover-
teamand make it yours mills and equipment across its different nance mechanism for the mining com-
As large mining companies increasingly projects in order to lower construction pany, which then builds both capacity
look to trim costs and reduce head costs. This has so far met with mixed and capability as a core competency for
count, large engineering, procurement, outcomes; Xstrata attempted a modu- the delivery on its multibillion dollar
and construction management (EPCM) lar ore-processing design comprising a investment pipeline. Under such a
companies have taken an increasing 40-ft SAG mill and two 28-ft ball mills model, the owner will, through time,
role in overall design, construction, and to process 25 Mtpa of ore per module. develop a high-performance team with
commissioning of major new mines. However, its study of several low-grade familiarity in project execution and an
Senior company staff members are, in porphyry deposits (e.g., Frieda River, intimate understanding of successful
turn, put into oversight roles designed PNG; Tampakan, P hilippines) was not project delivery. Many team mem-
to provide checks and balances on the able to deliver positive study outcomes. bers may migrate into the operations
No 105 APRIL 2016 S E G N E W S L E T T E R 23
on commissioning, giving the added a three-fold increase in the amount of headline and not recognized as a value-
benefits of a smoother transition and drilling since 1985. The end result has adding output.
continuity of management teams. been a corresponding increase in unit The key learning from Figure 3 is
Opportunities are opened up to all discovery costs. that simply spending more money will
levels of the organization to develop A large part of the higher discovery not fix the problem. As a result, efforts
alternative career paths, and senior cost can be attributed to the recent have been placed on identifying and
management has a much clearer line of commodities boom, which drove up the quantifying the critical factors required
sight to cost controls. Provided there is cost (especially in USD terms) of hiring for improving exploration success.
commercial advantage, EPCM compa- geologists, land access, drilling, and The cited factors have a great deal of
nies, through the governance role, are administration. The writers view is that commonality: a well-conceived model,
possibly more likely to be clear eyed these cyclical costs will reverse them- strong leadership, dedicated (and
and objective, and will consequently selves in the current downturn; indeed, often maverick) field teams, resilience,
be well positioned to furnish tangible, there is already anecdotal evidence persistence, and a good dose of luck.
action-oriented observations on how of significantly cheaper drilling rates Less commonly mentioned but possibly
best to advance projects through to being offered in West Africa, Europe, equally important factors are break-
delivery. and Australasia. Notwithstanding this through technologies and/or changes in
fact, the industry still faces a number social, environmental, or infrastructural
of fundamental problems that will only conditions. Recent articles by Muessig
GREENFIELDS get progressively more difficult over (2014), Brown (2013), Sillitoe (2010b),
time. These include the inexorable shift and others have dealt with these in a
EXPLORATION AS to exploring deeper and under cover, comprehensive manner.
A FOUNDATION and the costs associated with meeting
Ultimately, the best solution is to find rising community and environmental
new, high-quality deposits. It is fair to concerns. CONCLUSIONS
say that a strong greenfields exploration It seems that spending money is not The ability to rationally allocate
program is central to the long-term the key issue in discovery, but we define resources to those projects most likely
growth of the industry, as this is the it in those terms. Put another way, the to deliver value to shareholders is a
only way of delivering the next major industry appears to have fallen into a defining challenge. Near-mine explo-
new mining camp. However, as shown trap of focusing on inputs (i.e., what ration has been highly successful in
in Figure 3, the rate of discovery has we spent) rather than outputs (i.e., booking new resources to company
stagnated, if not declined, over the last what value we generated). Adding to accounts, but may not necessarily
decade. (A caveat on this is that any this diffuse picture is the fact that these create new revenue streams, as a
discoveries in the last 18 to 36 months outputs may often be hidden within linear approach to development and
may be unannounced or have yet to the company. This situation is especially marginal resources can delay delivery
be shown to be significant.) This is in true around existing operations, where unnecessarily or, indeed, deliver the
spite (up until recently) of a five-fold additional defined resources are rap- wrong project. There is an abundance
increase in the level of expenditure and idly absorbed into the overall resource of resource projects of varying quality
known globally, many of which are
dormant and have been for some time.
Overcoming sovereign risk, technical
1985 = 100% viability, and social or environmental
600% hurdles will take time, patience, and
innovative ways of doing business.
500% Unfortunately, not all of these dormant
Exploration projects will end up being developed
400% Expenditures and, given their holding cost, it may be
(in constant 2015 US$)
more beneficial to shareholders to sell
300% them off or close them down. Genu-
ine greenfields discovery focused on
200% Metres Drilled high-quality targets remains the best
(Estimated) long-term option to grow a company.
100% Number of Exploration in the future would benefit
Deposits Found from moving away from purely finan-
cial metrics and focusing on the quali-
0%
1985 1995 2005 2015 ties of the team and how it delivers.
Finally, it should be recognized
Note: Excludes bulk minerals (coal, iron ore and bauxite)
Number of discoveries is based on deposits >=Moderate in size
that success is not measured simply in
(ie >100 koz Au, >10kt Ni, >100 kt Cu equiv, >250 kt Mt Zn+Pb, >5kt U3O8 ) terms of the number of deposits found,
Figures include an adjustment for unreported discoveries in recent years
but rather the number of high-quality
mines built, the resulting amount of
revenue generated, and its timing. The
FIGURE 3. Exploration expenditures, drilling rates, and number of mineral discoveries in the Western science of discovery is
World from 1985 to 2014. Source: MinEx Consulting data, 2016, as generated by Richard Schodde. a difficult one and few to page 24 . . .
24 SEG NEWSLETTER No 105 APRIL 2016
projects will ever reach the stage of a Lenero, P.O., and Thompson, F., 2014, Riding
maiden resource, let alone conversion REFERENCES the resource wave: How extractive companies
can succeed in the new resource era: McKinsey
to a revenue stream. However, for those Agricola, G., 1556, De re metallica, translation by Insights, McKinsey & Company website, http://
projects that result in discovery, there H.C. Hoover and L.H. Hoover, 1950, accessed www.mckinsey.com/business-functions/sustain-
remains a raft of challenges to confront through Project Gutenberg, http://www.guten- ability-and-resource-productivity/our-insights/
in order to successfully deliver. This berg.org/files/38015/38015-h/38015-h.htm. riding-the-resource-wave.
AMC Consultants, 2013, 2013 Oyu Tolgoi Technical Matheson, J., and Acloque, P., eds., 2013, Mine
appears to be an area that the industry a confidence crisis: Beijing, Mine Series of
Report: Turquoise Hill Resources Ltd., http://www.
has not focused on sufficiently, and turquoisehill.com/i/pdf/2013-Oyu-Tolgoi-Techni- Publications, PwC, 60 p.
the result is long delays and erosion cal-Report-March-25-2013.pdf, 493 p. Muessig, S., 2014, The ore finders: SEG Newletter,
of value. To prevent this loss in value, Brown, G.M., 2013, Anglo American exploration no. 99, p. 1719.
companies need to focus on the early decade of discovery: London, Anglo American Schodde, R., 2014, Key issues affecting the time
plc, Internal Company Report, 102 p. delay between discovery and developmentis
acquisition of orebody knowledge, Crowson, P., 2008, Mining unearthed: London, it getting harder and longer?: Prospectors and
building in-house capabilities for Aspermont UK, 423 p. Developers Association of Canada, PDAC 2014,
project delivery, and allowing external Ernst and Young, 2015, Business risks facing mining Toronto, Canada, March 2014, Proceedings, 38 p.,
critical reviews at key stages of project and metals, 20142015: Ernst and Young Global http://www.minexconsulting.com/publications/
Limited, http://www.ey.com/GL/en/Industries/ Schodde%20presentation%20to%20PDAC%20
development. This approach will help
Mining---Metals, 56 p. March%202014.pdf.
in informing and improving future Hart, J., Phaf, N., and Vermeltfoort, K., Sillitoe, R.H., 2010a, Exploration and discovery
investment decisions. 2013, Saving time and money on major of base- and precious-metal deposits in the cir-
projects: McKinsey Insights, McKinsey & cum-Pacific regiona 2010 perspective: Resource
Company website, http://www.mckinsey. Geology, Special Issue, no. 22, 129 p.
ACKNOWLEDGMENTS com/industries/oil-and-gas/our-insights/
saving-time-and-money-on-major-projects.
2010b, Grassroots exploration: Between a major
rock and a junior hard place: SEG Newletter, no.
While the views in this article are the Jordan, P., 2013, First Quantum severs mine 83, p. 1113.
opinion of the authors, the text bene- contract with SNC-Lavalin: The Globe and Mail, SNL Metals and Mining, 2014, World and Brazilian
http://www.theglobeandmail.com/report-on-busi- exploration trends: SimeXmin, Symposium on
fited from the critical comments of Dick
ness/industry-news/energy-and-resources/first- Mineral Exploration, Brazil, May 2014, Proceed-
Sillitoe, Stephen McIntosh, Dan Wood, quantum-severs-mine-contract-with-snc-lavalin/ ings, http://www.adimb.com.br/simexmin2014/
and Graham Brown. article10755610/. pdfs/13/17H30%20DAVID%20COX.pdf, 35 p. 1
The next in the series of international Ni-Cu-PGE conferences comes to Perth, the
centre of the Australian metal mining industry and dynamic centre of Earth Science research
www.nicupgesymposium.com
No 105 APRIL 2016 S E G N E W S L E T T E R 25
The State of the IndustryThe View from the Smaller End of Town
Summarizing the Industry Outlook Dinner Talk*
Having spent my 30-year career evolv- als that are mined, processed, and sold food chain. The
ing from a technically focused geologist to generate revenue. At the other end of clever, well-re-
SEG NEWS
in large mining companies into a com- the scale, those in junior companies are sourced majors are
mercially focused CEO in junior explo- probably much closer to the commercial the apex predators
ration companies, I used the speaking realities of business and see the purpose and undertake lon-
opportunity to present a view from the of mining as the process of making ger-term, system-
perspective of the junior explorers . . . moneythrough finding, trading, atic exploration in
or exploiting resources, or simply by the search for large Mark Bennett
To begin my talk, I posed three ques- creating wealth for shareholders (their orebodies capable (SEG 2016)
tions: What is an economic geologist? owners) on equity markets. They are of satisfying their
What is the industry? What is its future? entrepreneurial, with a focus on quality, increasingly de-
not quantity, and on reward, not risk. manding minimum
What is an economic geologist? Big company boards occupy the size and life criteria for so-called tier 1
To purists, an economic geologist is interface between the company and the assets, or failing that, just buy them.
anyone involved in any sort of geolog- rest of the world and understand that Mid-tier producers have the dual
ical science that is applied in a practi- the business of mining is no different advantage of being able to catch the
cal, commercial, or industrial context. from any other business. For some, the crumbs falling from the tables of the
To others, an economic geologist is act of mining is simply a means to an majors and being able to hoover up the
someone who studies ore deposits. But endmoney. The background and skill small junior companies. These small to
understanding the science of how and set of the CEO determines more than medium-sized companies, which pos-
where ore deposits form, their signa- anything else the culture of the com- sess both the hunger to grow through
tures, and how to find them is a far pany, the degree of importance placed discovery and also the revenue from
cry from applying that knowledge in a on geologists and exploration within producing mines to fund this growth,
broader commercial context. An eco- the organization, and the way these are are close to extinction, having been
nomic geologist, then, is not necessarily treated by others. consumed by the majors.
a commercial geologist. Operational personnel such as engi- Junior explorers have proliferated,
I know many executives and direc- neers see their job as one in which they partly driven by the voluntary or forced
tors who cynically define an economic make sure things work well, get things exodus of many explorationists from
geologist as one whose value exceeds done, and meet budget. To them, metal- the major and mid-tier companies.
cost, or put another way, one who is a lurgists and geologists are mere tech- Most, however, dont reach adulthood
net asset rather than a net liability to nicians, and exploration geologists in because they either fail to make a dis-
the company, who through success in particular are crazy scientists who dont covery or they become victims of their
discovery or extraction of the product obey rules, tend to spend all the money, own success and are consumed. This
generates value. This might sound like and usually have nothing to show for it. exodus has created a brain drain.
heresy to some, but exploration and Despite the differences between these Juniors, who have the smarts and the
mining is a business, not a processit is groups, all technical professions view opportunity to do so, now undertake
about making money, not just digging the purpose of their industry through a disproportionately large share of ex-
holes. an entirely different lens from that of ploration. The only flaw is that juniors
the commercial professions. Unfor- lack cash flow and need equity funding.
What is the industry? tunately, the operators call the shots In recurring cyclic bear markets, equity
Those in large companies see the indus- and the commercial guys are usually funding for junior explorers contracts
try as something that produces materi- in charge. And shareholders, those massively, and in the current super
who invest in the industry to get the bust has all but disappeared. As a result,
best return on their money, regard the those with the ability, opportunity, and
*Delivered at the SEG 2015 Conference, company as a commodity in its own motive no longer have the means to
Hobart, Tasmania, September 29, 2015. right that can be traded for short-term explore, and the rate and quality of new
gain irrespective of longer-term strategic discoveries is diminishing.
Mark Bennett is Managing Director and ramifications and outcomes. Where do exploration geologists fit
CEO of S2 Resources Ltd. Mark worked What is the structure of the industry? in the industry? Unfortunately, most
for 10 years with Western Mining Ser- Most people would be familiar with mining company executives tend to
vices, first as an exploration geologist, the conventional model of the indus- undervalue geologists because they
then as mine geologist, finally holding the try structure, namely, a food chain of are perceived as being somewhat odd,
position of Manager for West Africa. Mov- juniors, mid-tiers, and majors. Small, unworldly scientists. In good times they
ing to Australia, he then held the position opportunistic junior explorers, being are tolerated and indulged in the hope
of exploration manager and chief geolo- entrepreneurial, nimble, and risk-tol- of a eureka moment, but in bad times
gist with LionOre for 9 years, followed by erant, spearhead exploration in new they are the first to go. The function
three years as director of exploration and areas, make discoveries, grow through undertaken by explora-
geology for Apex Minerals NL. exploration, and form the base of the tion geologists tends to to page 26 . . .
26 SEG NEWSLETTER No 105 APRIL 2016
be regarded as a skill that can be bought tion company, because this alone can and research over the past few decades,
and sold as required, just like any other make the difference between success universities and other research institu-
commodity, rather than as a collection and failure. Often this is not recognized tions have had to turn to industry for
of knowledge and skills honed over a by juniors that are managed by people sponsorship. In the old world order,
lifetime that cannot be simply turned whose expertise is in the technical side when major companies were still
SEG NEWS
off and on. rather than business, and consequently significant explorers, the knowledge
Exploration requires the spending there are many that fail for reasons other generated from sponsored research had
of other peoples money. In the case of than there being no ore found. a better chance of being used to make a
junior explorers relying on equity fund- To acknowledge that commercial difference to the industry as a whole. In
ing, their ability to exist and to fund acumen, salesmanship, and psychol- the new world order, most exploration
and execute a plan to discovery is very ogy are as important as science in the is undertaken by smaller companies
dependent on the ability of the CEO discovery process may seem outrageous without the luxury of time or money to
to convince investors. This, in turn, to some, but this represents the eco- sponsor or access this research. Conse-
depends on the ability of the CEO to nomic in economic geology. We need quently, academia has become a slave
straddle technical and financial worlds to break out of our self-created straight to the wishes of corporations rather
in order to translate the technical com- jacket and embrace and master these than the broader industry. This needs to
plexity of an exploration proposition to skills and become the leaders, not the change.
the investors. The advantage junior ex- followers, in our industry.
plorers have is that this process is done My advice to students
face-to-face with the company and its What is the future for I became a geologist because as a
backers. In a large company, the explor- our industry? youngster, I had a love of the landscape,
ers asking for money usually have their There is much lamenting about the dire an interest in what shaped it, and its
ideas and budget proposals screened by state of the industry. Almost without hidden treasures, and what other job
multiple layers of middle management fail, the divide between management would take you out of an office and into
before they reach the decision maker. and the individuals or teams that want all sorts of exotic and exciting places? It
Then, too, in all companies, irre- to discover is tacitly accepted, and man- was only much later in my exploration
spective of size, decision-making is also agement has control. It will stay this career that I learned that everyone
very much dependent on two things way unless we geologists become more knows the science and it is the non-sci-
that have nothing to do with science or business-oriented and gain the commer- entific things that give you the edgea
geological prowess. First, the extent to cial credibility to become management, raft of things relating to commercial
which the decision-maker is a supporter take charge, and force our way into the savvy, organizational structure, culture,
of exploration is profoundly important. boardroom. and the importance of driven individu-
Secondly, the personality of the propo- This is far easier in a small organiza- als as much as teams.
nent, that persons credibility with the tion. There are fewer silos, fewer layers Then, too, being a greenfields explor-
decision maker(s), ability to be heard, of management, fewer self-interested er is at the highest risk end of the explo-
and the strength of personality weigh in filters in that management communica- ration geology. I have been fortunate to
strongly. These factors provide an edge. tion chain, and less need to over-utilize be involved in greenfields discoveries.
Finally, this business is not simply the elaborate management tools that try This was partly an accident of being in
a matter of money, but also a matter to wrap what is essentially an art in an the right place at the right time, but
of time. Investors tend not to invest in impressive-looking array of statistics. also partly due to sheer bloody-minded
juniors with a long-term horizon; they Future world economic conditions, persistence, stubbornly enduring often
put up high-risk money and expect a markets, and geopolitical events are unpleasant circumstances and living
quick return. This, together with the fact unpredictable. Availability of funding is with risk.
that juniors rely on a strong share price unpredictable. There will be more cycles My advice to those starting out is
as their main currency to raise more and maybe another super boomand that you take the time to identify what
money, forces the juniors into a short- super bust. One unfortunate side effect you want from your career. Aside from
term mentality to meet the short-term of the recent super boom, in addition, knowledge, being a successful geologist
demands of the insatiable beast that was the rapid inflation of salaries for requires passion and patience. Commit
is the marketexactly the opposite of geologists and the rapid promotion of to a long apprenticeship. Leave your
what they need to be doing if they are inexperienced geologists into positions comfort zone and experience different
to execute a longer-term plan to make a of responsibility. This created both an roles and companies to gain a broader
meaningful discovery. There are very few incentive and a vacuum which encour- perspective. Seek out mentors. Stay
junior explorers that are able to main- aged a whole new demographic into general, stay hands-on, and embrace the
tain a balance between such short-term the industrya generation of geologists learning and practice of those non-tech-
gratification and long-term reward, and containing some people who are in it nical skills that will give you greater
fewer still who are fortunate enough primarily for the money, not the love. credibility and currency, and never ever
to have a shareholder base that is truly give up, so that you can end up in the
aligned with their purpose. Ensuring that What is the future for board room ensuring the right people
the shareholder base is a thing of design academia and research? are heard and the best decisions are
rather than accident should therefore With the gradual withering of govern- made. 1
be a major priority in a junior explora- ment funding for geological education
No 105 APRIL 2016 S E G N E W S L E T T E R 27
Attention Students: Cash prizes will be awarded to the best oral and poster presentations by students.
Winners will be announced at the SEG Awards Ceremony at the Sheraton esme Hotel.
No 105 APRIL 2016 S E G N E W S L E T T E R 29
Short Courses
The number of places is limited for the following events. Preference will be given to SEG 2016 Conference registrants.
Visit the SEG 2016 Conference website for short course and eld trip updates (www.seg2016.org).
SC 2
PRE-CONFERENCE COURSES sions. No prior volcanology training is
Exploration Geologists
required.
Porphyry Copper Deposits
SC 1
DATES SaturdaySunday
from Magmas to Ore September 2425, 2016 n EARLY REGISTRATION
(until July 31, 2016):
Minerals LOCATION Sheraton esme Hotel
Members ($595)
PRESENTER Jocelyn McPhie
DATES SaturdaySunday Non-members ($695)
September 2425, 2016 Description Student members ($295)
LOCATION Sheraton esme Hotel This short course will help partici- Non-member students ($345)
PRESENTERS John Dilles pants acquire the knowledge and skills n LATE REGISTRATION
Kalin Kouzmanov needed for exploring, mining, and (August 1, 2016):
researching in volcanic terranes. It com- Members ($695)
Description bines fundamental information on how Non-members ($795)
Porphyry-type deposits are the prin- volcanoes work and what they produce Student members ($345)
cipal world sources of copper and with practical information on how to Non-member students ($395)
molybdenum, and important sources of name, describe, and log volcanic facies
gold and silver. This short course is an in the eld and in drill core. Lectures
introduction to magmatic, hydrother- will cover kinds of volcanoes, eruption
Exploration Geochemistry:
SC 3
mal, and ore-forming processes, with styles and products on land and under
examples of the geology of important water, effects of hydrothermal alter- Putting Principles into
and well-studied deposits. The goal is ation on volcanic rocks, and breccias Practices
to provide participants with knowledge
of the basic characteristics of host DATE Sunday
rocks, styles of alteration and mineral- September 25, 2016
ization, and present-day understanding LOCATION Sheraton esme Hotel
of ore-forming processes in porphyry PRESENTER Peter Winterburn
systems, based on recent scientic
advances using modern analytical stud- Description
ies from the kilometer to micron scale. An understanding of the fundamen-
tal geochemical concepts of element
n EARLY REGISTRATION distributions and relationships from a
(until July 31, 2016): global level to a mineral deposit scale
Members ($795) will be combined with sampling theory
Non-members ($895) and practices to provide a model-based
Student members ($395) geochemical exploration workshop.
Non-member students ($445) Sampling strategies, sample types, and
n LATE REGISTRATION key analytical methodologies will be
(August 1, 2016): discussed, leading into multi-element
Members ($895) strategies for data interpretation and
Non-members ($995)
Student members ($445) in mineralized volcanic environments.
Non-member students ($495) The relationships between volcanic and
ore-forming processes will be reviewed
for important volcanic-associated ore
deposit types (VMS, epithermal Au-Ag,
porphyry Cu, komatiite-hosted Ni, kim-
berlite-hosted diamonds). This course
is intended for geologists engaged in
regional- or deposit-scale mapping or
in drilling programs in volcanic suc-
cessions for the purpose of mineral
exploration (especially VMS, epithermal
Au-Ag, porphyry Cu) and for geolog-
ical survey geologists embarking on
30 SEG NEWSLETTER No 105 APRIL 2016
Short Courses
target selection and prioritization. The geophysics for all common mining
course will focus on porphyry-style exploration methods as well as some of
mineralization, although other non- the whole-earth geophysical methods
porphyry examples will be discussed. that are important for understanding
larger scale tectonics and geoscience.
n EARLY REGISTRATION
This is both an introductory applied
(until July 31, 2016):
course as well as an update for those
Members ($495)
that may have studied geophysics some
Non-members ($595)
time ago.
Student members ($245)
Non-member students ($295) n EARLY REGISTRATION
(until July 31, 2016):
n LATE REGISTRATION geophysical characteristics that have
Members ($495)
(August 1, 2016): been found to be successful in the
Non-members ($595)
Members ($595) exploration for and discovery of a
Student members ($245)
Non-members ($695) variety of epithermal deposits.
Non-member students ($295)
Student members ($295)
n EARLY REGISTRATION
Non-member students ($345) n LATE REGISTRATION
(until July 31, 2016):
(August 1, 2016):
Members ($795)
Members ($595)
Non-members ($895)
Exploration Geophysics Non-members ($695)
SC 4
Short Courses
Targeting in Tough Times: in terms of required geologic and
SC 7
Economic and Geologic economic characteristics for new
discoveries?
Aspects of Copper and Gold
Exploration Course materials will draw on a broad
DATES ThursdayFriday range of international case studies with
September 2930, 2016 emphasis placed on the copper and
LOCATION Sheraton esme Hotel gold sectors.
PRESENTER Michael Doggett n EARLY REGISTRATION
(until July 31, 2016):
Description Members ($595)
This two-day course will address the Non-members ($695)
issues that face exploration groups Student members ($295)
in a changing and challenging global Non-member students ($345)
systems, as these are common deposits environment for the mineral industry.
present within the Tethyan orogen. n LATE REGISTRATION
These issues include uctuating com- (August 1, 2016):
n EARLY REGISTRATION modity prices and exchange rates, the Members ($695)
(until July 31, 2016): capital crisis facing many junior explor- Non-members ($795)
Members ($795) ers and developers, and the refocus of Student members ($345)
Non-members ($895) senior companies on quality rather than Non-member students ($395)
Student members ($395) size of assets. We will examine how
Non-member students ($445) these topics impact on the minimum
tonnage-grade conditions required to
n LATE REGISTRATION justify the cost and time of discovering
(August 1, 2016): new economic deposits. A number of
Members ($895) questions will be addressed:
Non-members ($995)
c Is the current downturn just another
Student members ($445)
trough in the cycle or indicative of a
Non-member students ($495)
more prolonged period of slowing of
growth in the commodities market?
c Will we go back to looking for the
same deposit types in the same
places when the market improves?
c What can we learn from the pipeline
of known undeveloped deposits
Field Trips
The number of places is limited for the following events. Preference will be given to SEG 2016 Conference registrants.
Visit the SEG 2016 Conference website for short course and eld trip updates (www.seg2016.org).
LED
magmatism and include the economi-
EL
Pre-conference eld trip n EARLY REGISTRATION
CANC
cally most important deposits. We will (until July 31, 2016):
visit Ovack (Au), Tepeoba (Cu, Mo, Au), departure and return site: Izmir
Members ($995)
Balya (Pb, Zn) active operations and September 2124, 2016 Non-members ($1095)
Kestanelik (Au), TV Tower (Au, Ag, Cu), Student members ($495)
and Halilaa (Au, Cu, Mo) deposits. Dis- Field Trip Leader
Non-member students ($545)
cussions on the current understanding n Cengiz Demirci, Ph.D., M.Sc., SAIMM;
General Manager, Asia Minor Mining n LATE REGISTRATION
(August 1, 2016):
Description Members ($1095)
This excursion will examine the dep- Non-members ($1195)
ositional mechanism, mineralogical Student members ($545)
setting, and operational characteristics Non-member students ($595)
of borate deposits in the Western Tur-
key district. The largest global borate Balkans I: Tour of
FT 3
Field Trips
n ATTENDEE MAXIMUM: 20
POST-CONFERENCE FIELD TRIPS
n EARLY REGISTRATION
(until July 31, 2016):
Tour of Western Turkey
FT 4
Members ($695)
with a Mix of Porphyry- Non-members ($795)
Epithermal Deposits Student members ($345)
Non-member students ($395)
Post-conference eld trip depar-
ture and return site: Izmir n LATE REGISTRATION
(August 1, 2016):
September 2930, 2016
Members ($795)
Field Trip Leaders Non-members ($895)
Student members ($395)
n Ycel ztas, Chief Geologist
Non-member students ($445)
(Ksladag) TUPRAG Metal
Bor Open Pit Madencilik San. Tic. A.S. (subsidiary of
Eldorado Gold Corporation) Central Anatolian Au
FT 5
n Nadir Aslan, Chief Geologist
metallogeny related to the Timok Mag- (Efemukuru) TUPRAG Metal Maden-
Deposits and Volcanism
matic Complex (TMC), located in the cilik San. Tic. A.S. (subsidiary of Eldo- Post-conference eld trip
Timok Mountains of eastern Serbia, rado Gold Corporation) departing from Izmir and
~150 km SE of the capital, Belgrade. returning to stanbul/Ankara
The TMC itself is an approximately Description
September 29October 2, 2016
north-south, lozenge-shaped belt of The Eldorados Ksladag porphyry and
extrusive and intrusive units emplaced Efemukuru epithermal vein gold Field Trip Leader
during the late Cretaceous. deposits are two of main gold mines n Prof. Vedat Toprak, Energy Projects
The trip will help us build a geo- located in western Turkey. This trip will Manager, Asia Minor Mining
logic framework in which to place the visit their agship Ksladag open pit n Bahri Yldz, General Manager, Stratex
many varied mineral deposits of the and Efemukuru underground oper- Madencilik Sanayi ve Ticaret ltd. Sti.
district. Bor Region, has been mined ations, and through a combination of (subsidiary of the Stratex Internation-
for over a century, has a total of over presentations and inspections of the al Plc, UK)
23 Moz gold and 14 Mt copper endow- selected drill core, the current under-
ment. The trip will include overview standing of the geology and genesis of Description
of RTBs Bor and Veliki Krivelj open pit the deposits will be discussed. Partici- Central Anatolia is part of the Tauride-
Cu-Au porphyry deposits and opera- pants will also have an opportunity to Anatolide block. There are two types
tions, Freeports Cukaru Peki JV deposit examine details of Sardes historical site of Au deposits in the district. The rst
(Cu-Au epithermal and porphyry) and on the way to Ksladag. All trip partic- includes the high suldation-type
Avalas sediment-hosted Bigar Hill and ipants will be guests of Eldorado and Au-Ag and high level Au porphyry
Korkan epithermal gold deposits. There will need to abide by the occupational deposits related to a stratovolcano
will be also opportunity to review health and safety requirements of the that occurred in the Miocene-Pliocene
the drill cores from Cukaru Peki and operations while on site. volcanic belt, including the Central
sediment-hosted gold deposits. Anatolian Volcanic Province, observed
n AT TENDEE MAXIMUM: 20 between Tauride on the south and
Anatolide on the north. The other type
n EARLY REGISTRATION
(until July Not
ion2016):
t31,
includes the thrust-related, structurally
i s t r a controlled gold deposits (Kaymaz and
Reg
Members ailable
Y e t A v($1595) Himmetdede) occurring in the Anato-
Non-members ($1695) lian block. The Kaymaz gold deposit,
No student rates associated with the listwanite in the
n LATE REGISTRATION serpentinite, and Himmetdede gold
(August 1, 2016): deposits, hosted in the limestone, will
Members ($1695) be visited. In addition to these, we
Non-members ($1795) will see the kst high suldation
No student rates epithermal deposit and study the Dev-
elidag eroded stratovolcano, HS type
Ksladag Mine alteration and mineralization, diatreme
and phreatic breccia in the Upper
34 SEG NEWSLETTER No 105 APRIL 2016
Field Trips
VMS Deposits of of varying sizes and reserves, with fairly
FT 6
Kaymaz Open Pit
Eastern Pontides similar geochemical and mineralogical
characteristics.
Post-conference eld trip All trip participants will be guests
departing from Izmir and of First Quantum and Eti Bakir during
returning to stanbul ayeli and Murgul-Lahanos visits respec-
September 29October 2, 2016 tively and will need to abide by the
occupational health and safety require-
Field Trip Leaders ments of the operation while on site.
n Kemal Revan, Ph.D., General Director- n ATTENDEE MAXIMUM: 20
ate of Mineral Research and Explora-
tion (MTATrabzon) n EARLY REGISTRATION
n Deniz G, Ph.D., General Directorate (until July 31, 2016):
of Mineral Research and Exploration Members ($1295)
(MTATrabzon) Non-members ($1395)
Student members ($645)
Description Non-member students ($695)
The Eastern Pontides district is richly n LATE REGISTRATION
endowed in world-class Kuroko-type (August 1, 2016):
volcanogenic massive sulde (VMS) Members ($1395)
base metal mineralization and related Non-members ($1495)
deposit styles. Key examples of these Student members ($695)
systems will be examined, including Non-member students ($745)
Murgul, ayeli and Lahanos-Kzlkaya
Cappadocia deposits. The Murgul, Lahanos-Kzlkaya
and ayeli VMS deposits occur in the
Eastern Turkey: pler
FT 7
Eastern Pontide tectonic belt, one of
Miocene-Pliocene age andesitic volca- the major tectonic units comprising Porphyry-Epithermal
nics. Participants will examine drill core Anatolia. They are hosted by Late Cre- Deposits
from the deposit. In addition, we will taceous dacitic to rhyolitic rocks over-
Post-conference eld trip
visit the Miocene-Quaternary Central lain by thin layers of pelitic sediments.
departing from Izmir and
Anatolia Volcanic Province, which is ayeli is currently being mined by First
returning to stanbul
composed of ignimbrite and lava ows. Quantum for zinc and copper. Murgul
Finally, old cave houses and churches and Lahanos deposits are operated September 29October 2, 2016
that were dug at about 300BC by the by Eti Bakir for base metals. Although
Lahanos and Kzlkaya deposits were Field Trip Leaders
rst Christians around the Cappadocia
mined out in the past for zinc and n Serge Smolonogov, Geology
will be examined.
copper, both are now subject to new Manager, Alacer Gold Corp.
All trip participants will be guests
drillings to develop new reserves. The n Devrimer Yavuz, Chief Geologist,
of Koza and Centerra and will need to
region is considered to be one of the Alacer Gold Corp.
abide by the occupational health and
safety requirements of the operations major metallogenic districts since it is a
host to numerous Kuroko VMS deposits Description
while on each site.
The eld tour provides an overview
n AT TENDEE MAXIMUM: 20 of Paleogene pler epithermal and
porphyry deposit of Eastern Turkey. The
n EARLY REGISTRATION
trip will include pler gold operations
(until July 31, 2016):
and prospects in the district. Partici-
Members ($1095)
pants will have a chance to observe
Non-members ($1195)
some of the characteristic geology and
Student members ($545)
mineralization of Paleogene magmatic
Non-member students ($595)
complex within the Western Tethys.
n LATE REGISTRATION The pler epithermal Au deposit and
(August 1, 2016): related subeconomic porphyry Cu-Au
Members ($1195) deposit is hosted by the middle Eocene
Non-members ($1295) pler-Kabatas magmatic complex in
Student members ($595) ayeli central eastern Anatolia. The intrusive
Non-member students ($645) rocks of the complex were emplaced
No 105 APRIL 2016 S E G N E W S L E T T E R 35
Field Trips
gneisses within the Serbo-Macedonian
massif. The Olympias and Stratoni
orebodies are Au-Pb-Zn-Ag-Cu carbon-
ate replacement deposits hosted in
marbles of the southern Rhodope core
complex. Sapes Au-Cu-Te deposit is a
telescoped porphyry-epithermal system
with spectacular outcrops of advanced
argillic alteration within an eroded
Oligocene volcanic edice. Perama Hill
pler Mine
is an epithermal high suldation gold
deposit hosted within sandstone, con-
into Late PaleozoicMesozoic metamor- Balkans II: Tour of Greece glomerate, and andesite of the Petrota
FT 8
phosed sedimentary basement rocks and Bulgaria with a Mix of graben. Dundees Adatepe development
near the northeastern margin of the project located in south of the town of
Tauride-Anatolide block. The deposit Porphyry-Epithermal Depos-
Krumovgrad in southeastern Bulgaria
is located along the northern anks of its and Recent Discoveries is an epithermal low suldation adu-
the Munzur Mountains, roughly 3 km Post-conference eld trip laria-sericite gold-silver deposit hosted
southeast of the Euphrates River. departure site: Izmir within Paleocene sedimentary rocks
All trip participants will be guests of overlying the Kessebir core complex.
Alacer (Anagold) and will need to abide September 29October 3, 2016
Kavala is a newly-recognized intru-
by the occupational health and safety Field Trip Leader sion-related gold system (IRGS) with
requirements of the operations while gold-rich sheeted veins hosted within
on site. n Dr. Panagiotis Voudouris, Associate
the Miocene Kavala granodiorite. The
Professor, National and Kapodistrian
n AT TENDEE MAXIMUM: 20 eld tour will also include tourist-type
University of Athens
site visits in both countries.
n Chris Siron, Eldorado Gold Corporation
n EARLY REGISTRATION All trip participants will be guests of
(until July 31, 2016): Description Eldorado and Dundee and will need to
Members ($1195) abide by the occupational health and
This eld trip will introduce participants
Non-members ($1295) safety requirements of the operations
to the geology and mineralization that
Student members ($595) while on site.
characterizes selected gold deposits in
Non-member students ($645)
Greece and Bulgaria. It will include site n ATTENDEE MAXIMUM: 20
n LATE REGISTRATION visits to Eldorados gold operations and
(August 1, 2016): development projects in Greece and n EARLY REGISTRATION
Members ($1295) Dundees gold deposit in Bulgaria. (until July 31, 2016):
Non-members ($1395) The Skouries porphyry gold-copper Members ($1695)
Student members ($645) deposit is a Miocene pencil-porphyry Non-members ($1795)
Non-member students ($695) stock that intruded into schists and No student rates
Guest Activities
viewing the wine-production process and and monasteries are located. Free time is fol-
GA 1 One-Day
wine-tasting are part of the tour. lowed by a trip to anakkale. On the second day,
Ephesus and irince Tour the tour visits the ancient city of Troy, the Tem-
From Seluk, the group travels to the ancient ple of Athena, and Bergama (Pergamum), which
city of Ephesus and the House of the Virgin is the site of the Red Basilica, a temple to the
Mary. The tour visits the Temple of Artemis Egyptian god Osiris converted to a basilica by
(Diana), Ephesus, which is known to be the early Christians.
commercial, religious, and social center of
antiquity, and the Isa Bey Mosque. The village
of Sirince, an Aegean village of 600 inhabi- GA 6 Two-Day, One Night
tants, follows, with a wine house visit.
Ephesus and Pamukkale Tours
A visit to the ancient city of Ephesus, House
of the Virgin Mary, and the temple of Artemis
Urla Vineyard (Diana) on the rst day are followed on day two
by a trip to Pamukkale Travertines, the center
of natural thermal spring waters, with pure,
GA 4 One-Day
white-colored travertines and stepped water
zmir City and Sardes Tour terraces on the mountain slope. The ancient
The zmir tour starts with a drive to the top of city of Hierapolis is also visited, as well as the
Mount Pagus for panoramic views of the city Anatolia necropolis, with 1,200 gravestones.
and Bay of zmir from the walls of Kadifekale,
an ancient fortress built by Alexander the
Great. Visits to zmirs museums of archaeology
and ethnography, the Ottoman clock tower, and
extensive bazaar follow. The tour then visits
Ancient City of Ephesus the ancient city of Sardes.
GA 2 One-Day
eme and Alaat Tour
In zmir, this tour visits eme and Alaat.
Starting from esme Castle, an example of
Ottoman architecture, the group will visit
Pamukkale Travertenies
esme Museum, followed by tours of Alaat
and its harbor, a paradise for yachting enthusi- GA 7 Two-Day, One Night
asts. Alaat, with its narrow cobbled streets and
whitewashed houses and shutters of blue and Cappadocia Tour (airfare included)
green, features upscale shops and restaurants. zmir The tour starts from Devrent Valley, with its
unique geological formations. Visits are to
less frequently toured places such as Paaba
GA 5 Two-Day, One Night and the fairy chimneys of Cappadocia. There
Ayvalk, Cunda Island, Pergamon, Troy, will also be an opportunity to see Avanos, as
and anakkale Tour well as Byzantine art at the Goreme Open-Air
Museum. Uhisar Castle is the highest point in
Examples of neoclassical architecture in Ayvalk
the region, with a panoramic view over Cappa-
houses and Cunda Island as well as amlk are
docia and hiking trails to Rose Valley, Pigeons
tour highlights. Devils Table (eytan Sofras) is
Valley, and Kaymakli underground city.
a stop, and Lale Island, where many churches
eme
GA 3 One-Day
Urla City and Wine-Tasting Tour
Urla dates back to 3000 BC and is rich in
archaeological nds and ruins. The town was
ruled by the Persians, Greeks, Romans, Byz-
antines, Seljuks, and Ottomans. In addition,
Troia Horse, anakkale Cappadocia
Sponsors
PATRON Invitation to Sponsors
SEG invites all prospective
sponsors to review the
opportunities listed below
and contact us should you
PREMIER have any questions or sug-
gestions. We thank those
sponsors who have already
risen to the occasion and
are listed on this page and
GOLD on the conference website
www.seg2016.org.
Thank you for your consid-
eration and support!
/ is a subsidiary of Eldorado Gold Corp.
BRONZE
Dawn Zhou
SPONSORSHIP OPPORTUNITIES
Sponsorship funds will directly support student attendance and related costs
PATRON PREMIER GOLD SILVER BRONZE
CATEGORY/COST (US$) 30,000 20,000 15,000 10,000 5,000
Complimentary Meeting Registrations 5 4 3 2 1
Complimentary Exhibit Booth Double Booth Single Booth Single Booth n/a n/a
Front/Back, 1 Ad Large 1 Ad Medium 1 Ad Small
Pocket Program Advertising Color Full Page Half Page Quarter Page n/a
Flyer in Attendee Bag n/a n/a
Special Invitation to Student Mentoring Forum
Logo Projection at all Sessions & Exhibit
Logo Recognition on Special Publication
& All Printed Materials
Logo on Conference Home Page
Logo on Sponsors Page with link to
Company Website
Logo Recognition on all
SEG e-Communications
Sponsor Logos will be tiered
For information on conference sponsorship opportunities, contact Nikki Morrison, Marketing and Fundraising Coordinator
Society of Economic Geologists, Inc. 7811 Shaffer Parkway Littleton, Colorado, USA 80127-3732
E-mail: nikkimorrison@segweb.org Tel: +1 (720) 981-7213 Fax: +1 (720) 981-7874
38 SEG NEWSLETTER No 105 APRIL 2016
Exhibition
15
28
16
29
17
30
1 2 3 4 5 6 7 8 9 10 11 12 13 14
18
31
19
32
20 21 22 23 Coffee 24 25 26 27
33 34 35 36 Station 37 38 39 40
Reserved
General
Available
41 42 43 44 45
Complimentary Reserved
(Patron, Premier,
For exhibitor list, visit www.seg2016.org/ and Gold sponsors) Available
exhibiting-opportunities.html#oorplan
41 42
ID
ERNE
M D
Wednesday, September 28
AD
9:30 am3:30 pm
M
2011
Tear down from 3:30 pm
No 105 APRIL 2016 S E G N E W S L E T T E R 39
The 10th annual Ore Deposits Models Royal Society of Canada, lectured on
and Exploration Workshop was held ore deposit models and exploration
SEG NEWS
at Changan University, Xian, China, for VMS and sea-floor massive sulfide
on November 1114, 2015, for the deposits;
purpose of communicating the latest n David Leach (SEG 1979 SF): Former
achievements in ore deposits research senior research geologist at the U.S.
around the world and for enhancing the Geological Survey, former President of
exploration level for mineral resources the SGA, lectured on MVT and Sedex
in China. deposits;
This popular workshop was spon- n Noel White (SEG 1993 F): Former
sored by the Society of Economic Geolo- chief geologist of the giant Austra-
gists (SEG), Society for Geology Applied lian company BHP, Professor of Hefei
to Mineral Deposits (SGA), Changan University of Technology, lectured on
University, and the Xian Center of the ore deposit models and their use in
Geological Survey, China Geological exploration with case histories as well
Survey (CGS). Changan University, as on iron ores; At the opening ceremonies, Chairman Steve
the chief organizer, is a key university n Richard Goldfarb (SEG 1989 F): Scott delivers his final welcoming speech, mark-
administered by the Chinese Ministry of Senior research geologist at the U.S. ing his 10 years as organizer of the workshop.
Education and is supported by Project Geological Survey and former Pres- Prof. Huayong Chen will take over as organizer
211. It focuses on educating profes- beginning this year.
ident of the SEG, lectured on gold
sionals in road traffic engineering, land deposits;
resources and the environment, and n David Cooke (SEG 1992 F): Deputy n Huayong Chen (SEG 2010 F): Pro-
urban and rural construction. Professor Director of CODES, the Australian Re- fessor at the Guangzhou Institute of
Jiangang Jiao of the School of Earth Sci- search Councils Centre for Excellence Geochemistry, Chinese Academic of
ence and Resources, Changan Univer- in Ore Deposits, and a Professor at Sciences, lectured on iron-oxide Cu-
sity, Professor Steven Scott of the Earth the University of Tasmania, lectured Au (IOCG) deposits.
Sciences department at the University on porphyry and intermediate/low There were 176 delegates registered
of Toronto, and his wife, Joan Scott, sulfidation epithermal deposits; for this workshop. They came from four
directed the affairs of the workshop, n Chusi Li (SEG 1997 F): Senior scien- countries and 53 organizations, includ-
including daily laboratory sessions. tist at Indiana University, lectured on ing 8 universities, 11 research centers
Nine economic geologists from four magmatic Ni-Cu-PGE sulfide deposits; and institutes, and 34 geological teams
countries introduced the metallogenic n Kaihui Yang (SEG 2002 F): Former and mining companies.
models of world-class deposits and their president of Asia Now Resources and Steve Scott and Joan Scott have
applications in exploration, and dis- now a consultant to the Zijin Mining organized this annual workshop during
played in the lab suites of typical sam- Group, lectured on Chinese mineral the past 10 years and have now retired.
ples from important deposits around exploration; The next workshop will be organized
the world. Instructors were as follows:
n Zhaoshan Chang (SEG 2004 F): by Professor Huayong Chen (huayong-
n Steven Scott (SEG 1974 FL): Emer- Professor at the James Cook Uni- chen@gig.ac.cn), and held in Haikou,
itus Professor at the University of versity, lectured on high-sulfidation Hainan Province, China, on November
Toronto, Fellow (Academician) of the epithermal deposits and on skarns; 712, 2016. 1
A group photo of workshop attendees, instructors, and organizers on the campus of Changan University.
40 SEG NEWSLETTER No 105 APRIL 2016
must have submitted an updated Student Chapter Membership Information Form with the
students
Annual Report.
must meet ALL other eligibility requirements as outlined in the Student Chapter Guidelines.
Applications that are organized and detailed may be successful in receiving up to US$1,500.00 SEG Welcomes New
(possibly more, for exceptional applications). The 2016 budget will be comparable to 2015 for Student Chapters:
those student chapters submitting successful applications. We encourage all chapters to seriously University of Portsmouth,
consider the assessment criteria used by the Student Affairs Committee in planning your activ- United Kingdom
ities to ensure the best chance of receiving the highest level of funding. The assessment criteria Middle East Technical
are clearly stated on the Student Chapter Funding Form. Prompt and complete applications University (METU),
are appreciated by Student Programs. Turkey
s Through T i
r g in me
Ma
Whitehorse, YT
GAC R
-MAC 20 16
STUDENT NEWS
and differences, ore reserves, mining methods, metallurgy, economics, and environmental considerations will be discussed.
Further information will be announced in the April 2016 SEG Newsletter and posted on the SEG website.
Active SEG Student Members enrolled at an accredited university are eligible to apply and must submit the Student
Application Form by May 31, 2016. Acceptance is competitive and limited to 16 students per trip. Selected students will
be notified between June 8 and 15, 2016, and will be awarded travel grants to attend the trip. Selected students must confirm
participation within two days of the notification date. The Student Application Form and further information on the field
trip will be posted at www.segweb.org/StudentFieldTripProgramplease check frequently for updates. If you are considering
applying for this trip, we recommend you also apply for a passport now or ensure you have a current passport and travel visa
into Canada (if required).
CALL FOR MENTORS
Student Field Trip No. 15 seeks up to four professional geologists to participate as mentors. These mentors will share their
industry experiences and perspectives with the students and discuss career opportunities in economic geology. Professionals
selected for this trip will pay a modest fee that covers their travel during the field trip (by charter motor coach), accommoda-
tions, all breakfasts and lunches, and the closing dinner; travel to and from the trip is the responsibility of the mentor.
Interested professionals should email their current rsum, together with a statement of interest, to Borden R. Putnam,
Chair SEGF Student Field Trip Program, at bputnam@mionecapital.com.
General inquiries should be directed to Vicky Sternicki, Student Programs, at studentprograms@segweb.org.
PAID ADVERTISEMENT
42 SEG NEWSLETTER No 105 APRIL 2016
STUDENT NEWS
The course provided participants the opportunity to visit operating
mines and prospects, get an overview of mine geology, and review drill
cores, with emphasis on the geochemistry of mineral deposits and their
Course participants with Nick Lindsay and Gabril Irusta at Parque
economic geology. Visits included the La Candelaria deposit, the Nue- Nacional Nevado Tres Cruces and the Salar de Maricunga.
va Esperanza district, the Pompeya high-sulfidation epithermal system
in the La Coipa district, the Antucoya porphyry system, the Sierra Gorda Cu-Mo porphyry system, and the artisanal Comahue
mine. The group also visited Chiles famous Parque Nacional Nevado Tres Cruces, the Salar de Maricunga, and the orbicular
granite outcrop near Caldera, Chile.
The Student Chapter would like to thank the Stewart R. Wallace Fund award committee for its critical support of our field
course, and Dr. William X. Chvez, Jr. for leading an exceptional and informative trip.
Rodrigo F. Embile Jr. MSc FGS
University of Leicester
Field Trip to North Wales
In November 2015, the Student Chapter ran a three-
day field trip to Porthmadog, Wales. The group of 30
visited Minffordd Quarry, owned and run by Tarmac
Ltd. The quarry extracts microgabbro for use in asphalt
production. An introductory talk was given on quarry
processes, including extraction, crushing, grading and
material transport with aggregate being used for road
chipping, rip-rap, 8-mm asphalt chipping, and MOT
The group gathers for a photo in front of the quarry workings at Minffordd. building stone. This was followed by a trip to a pelite
and psammite exposure. A visit to the Llechwedd Slate
Caverns followed. This visitor attraction near Blaenau Ffestiniog consisted of an exhibition on the history of local mining and
Bounce Below. The latter is a network of trampolines and slides mounted to the walls of an abandoned slate mine at heights
up to 180 ft. The trip gave students an opportunity to see how old mines can be reinvented after their geological use, to still be
an economic income for locals.
We thank our hosts, Tarmac Ltd, Ffestiniog Railways, and Llechwedd Slate Caverns.
Miles Orton (20152016 Field Trip Secretary) and Rosalind Walker (20152016 President)
AUGUST 2015
SEG Newsletter
Advancing Science and Lake Superior
Quetico
Discovery
Kitto
Lak
e Hur
on
Fault Nipigon
Lake Michigan
Zone Plate
Disraeli Hele
Seagull e Erie
0
N E W S LbNeEr T10100
Lak
TER
Industry favorite packed with articles, news,
Coldwell
Complex UMBER
w w w.Nsuemg w e b . o r g
Current Lake Complex Olser
Thunder Bay Volcanic
group Michipicoten Island
Formation
and activities.
Lake Superior
Powder Mill Sault Ste Marie
00
Eagle
r 1 100
Tamarack Volcanic Group
Footprints: Hydrothermal Ne
Intrusion
N u mb
Intrusion UMBER
Member Directory
Lake
Mile
trapped in altered and
Au in Pyrite, Golden rocks. Of particular Grass Valley Orogenic chl-fspar
use are alka-
Foster River, Saskatchewan Deposit, China
-ma
N u mber
As, andVMS
Sb, which
Deposit, Newfoundland Bi,
Whalesback form stable oxides that remain NUMBER
ti
SEG Publications
Cu
deposits are zoned, with
a central to page ... 12 FIGURE 1. a.) Vertical
cross
Corresponding author: of hydrothermal alteration section of a typical porphyry Cu deposit showing
e-mail, rtosdal@gmail.co and
m the 2,200-nm peak measured sulfide minerals. Also shown are generalized distribution
in SWIR instruments. contours of
Se SEG
e 2
www.seg2015.org
publications at the SEG Store.
Student Benefits
Receive all member benefits; apply for research grants, graduate fellowships,
and travel grants; join a student chapter. Deep discounts for most events.
Membership Requirements
Membership in the Society is open to all geoscience graduates holding a
bachelors degree. Student Members must be enrolled full-time in earth
science at a degree-granting college or university at the undergraduate or
graduate level.
Professionals with a minimum of eight years experience and three years in a
position of responsibility are encouraged to apply for Fellowship.
To see if you qualify and which membership category is best for you,
read more at www.segweb.org.
EXPLORATION REVIEWS
Notice: Views expressed in the Exploration Reviews do not necessarily reflect those of the Society of Economic
Geologists, Inc., and columnists are solely responsible for ascertaining that information in this section is correct.
To read additional Exploration Reviews for individual countries, please log in at www.segweb.org/newsletter.
center inside Alaska State government? to several entities that are considering
ALASKA Yes, the mining industry costs the state it for the near term. I think it is safe to
Regional Correspondent: about $15 million per year to adminis- say that, if it has not already happened,
Curtis J. Freeman (SEG 1996) ter, while it contributes over $96 million crowdfunding of an Alaska mineral
Avalon Development Corp. per year in revenue to the state coffers. project will happen in the near future.
P.O. Box 80268 Compare that to almost $97 million Sounds pretty out there to me, but who
Fairbanks, AK 99708 and $55 million in costs to adminis- knows, maybe we should follow Mae
Phone: 907-457-5159, Fax: 907-455-8069 ter the fishing and tourism industries, Wests advice when choosing between
E-mail: avalon@avalonalaska.com respectively, versus revenue generation the lesser of two evils: pick the one we
Website: www.avalonalaska.com of $70 million and $54 million for havent tried before?
Over the last quarter, the winds of those same industries. And, finally,
change have buffeted Alaskas mining from both a global and Alaska-centric
industry, as they have buffeted the point of view comes the recent round- AUSTRALASIA
industry in every other jursidiction on table discussion hosted by the Northern Regional Correspondent:
the planet. Most of the news has been Miner, sponsored by PearTree Securities Russell Meares (SEG 1996)
negative, but, from a global perspec- and entitled New Frontiers in Mining Malachite Resources Limited
tive, the big dog in the pen was the Finance. The roundtable discussions Sydney, Australia
EXPLORATION REVIEWS
dramatic and unexpected run-up in were focused on a survey conducted E-mail: rmeares@malachite.com.au
the price of gold, which moved from by the host where 450 industry leaders Website: www.malachite.com.au
a low of $1,078 per ounce to a high were asked a series of mining finance With contributions from:
of $1,246, most of which occurred questions. In some cases, the responses Roger Thomson (SEG 1983)
after February1. Although profit-tak- told us more about human nature than Western Australia
ing and other factors have pushed the about global mineral trends. For exam- Lucy Chapman (SEG 2000) Queensland
price down a bit, the move was both ple, only 58% of those polled had a Andrew McNeill (SEG 2007) Tasmania
dramatic and unforeseenemphasis bullish or neutral outlook for the min- Tony Christie (SEG 1992) New Zealand
on the latter! As you might guess, the ing sector. Not surprising at all, given Andrew Rowett South Australia
ether is full of talking heads telling us the depressed markets and commod- Steve Russell (SEG 2009) NT
why it went up, why it either wont stay ities prices over the last several years. Brigitte Crowe NSW
up or will stay up, and what the price However, a whopping 74% of the same Tyler Lamb Victoria
increase means for the mining indus- respondents said they had a bullish or
try, for bullion speculators, and for our neutral outlook for their own company. SUMMARY
solar system. But all of this explanatory Wait, what? So the other companys While the Archean and Proterozoic ter-
noise came after the fact. What I want future is dismal, but the future for our ranes of Western Australia have been
to know is who, if anyone, accurately company is so bright we have to wear the powerhouse driving the Australian
predicted the gold price run-upthats sun glasses? Really? And then there are gold sector for many years, the Paleo-
the Nostradamus I want to buy a cou- mining deals financed via crowdfund- zoic orogens of eastern Australia have
ple of beers! On the Alaska-centric side ing. Yes, Dorothy, crowdfunding. As it hosted a number of significant gold-rich
a recent publication by University of turns out, some $65 billion was raised polymetallic deposits, with many hav-
Alaska Anchorages Institute of Social last year via this financial mechanism ing VHMS affinities. Recent exploration
and Economic Research brought to light and its use is growing in the mining successes in the Lachlan Orogen of NSW
some surprisingly bright news regarding finance sector. Unfortunately, almost (detailed below) are building on this
the costs and benefits of administering one-third of the mining respondents mineral inventory with the discovery of
the mining industry here in Alaska. polled considered themselves unfamiliar new deposits and lenses of high-grade
Authored by Bob Leoffler and Steve Colt with crowdfunding, while only 6% said massive sulfides in old mining camps.
and entitled Fiscal Effects of Commer- they were familiar with it. In addition, Downhole geophysics is playing a major
cial Fishing, Mining and Tourism, the a full 34% of those polled said crowd- role in these discoveries.
publication reviewed the states costs funding was the method that inspired New Gold operates five underground
of administering these three economic the least amount of confidence for mines in the Cobar district, where the
engines, as well as the revenue gener- funding in the mining industry. And deposits typically consist of clusters
ated for state coffers by these industries. confidence in the mining industry is of parallel lenses within cigar-shaped
The mining industry is the only one of currently at millennium-level lows. I envelopes with over 1 km of vertical
the three industries studied that gener- am not aware of any mining activity in extent. The companys recent explora-
ates more revenue to the state than it Alaska that has been financed by crowd- tion efforts have resulted
costs to administer. Wait, what, a profit funding in the past, but I have spoken in the discovery of two to page 46 . . .
46 SEG NEWSLETTER No 105 APRIL 2016
new zones of mineralization, Chronos Also see the online version for more MAG Silver Corp. announced
and Anjea, both located immediately exciting exploration news from Down that it has completed its previously
adjacent to current and past-producing Under. announced bought deal financing and
ore deposits within the main 9-km-long has issued 8,905,000 common shares at
mine corridor. Chronos is a zone of US$7.30 per share, for gross proceeds of
Au-Ag-Cu-Pb-Zn mineralization located US$65,006,500. The company intends
directly above the Perseverance orebody, MEXICO to use the net proceeds of the offering
which is currently in production and Regional Correspondent: (1) to fund development and explo-
is adjacent to the Peak mill. Anjea is a Erme Enriquez (SEG 1984 F) ration expenditures at the Juanicipio
zone of Cu-Au-Ag-Pb-Zn mineralization E-mail: ermegeo@gmail.com project and (2) for working capital and
located adjacent to the historic Great general corporate purposes.
Cobar mine. With recent intersections MEXICO EXPLORATION
of 9 m at 310 g/t Au at Chronos and 43 In recent months, exploration activity
m at 2.75% Cu at Anjea, these deposits has risen due to significant discoveries NORTHERN
will no doubt extend the life of the
Cobar operations.
in Mexico. News about exploration
activity ranges from financing compa-
EURASIA
Regional Correspondent:
A further 100 km south in the same nies to companies performing diamond
Alexander Yakubchuk (SEG 1999 F)
belt, while Peel Minings Cobar-style drilling. Below is a brief history of a few. Orsu Metals Corp, London, UK
Mallee Bull Cu-Ag-Au discovery is advan- Canarc Resource Corp. acquired El E-mail: ayakubchuk@orsumetals.com
cing through the resource definition Compas mine in Zacatecas with 173 koz
stage with recent intersections including Au and 1.8 Moz Ag combined indicated Detailed information can be found at
34 m at 4.60% Cu, the company has dis- and inferred resources. Ore grades are http://gold.prime-tass.ru
covered a new copper zone at its nearby on the order of 6.5 for indicated and
Wirlong prospect with intersections 4.2 g/t Au for inferred resources. Hecla NORTHERN EURASIA
EXPLORATION REVIEWS
and 17,000 m at Elkinskoye. The explo- Pilot Gold announced positive drill northeast of Ely. What caught my
ration work is scheduled for comple- results from its initial program at the attention was the statement that the
tion in 2016. Beginning of mining is Goldstrike property in Washington property was within the prolific Carlin
expected in 2022. Initial resource esti- County, Utah. Goldstrike is a past pro- trend. Really? That is a long projection,
mates for Elanskoye included 500 kt Ni, ducer (about 200,000 ounces of gold), including a dogleg left.
50 kt Cu, and 10 kt Co. and Pilots program emphasizes several A couple of other brief notes: Otis
Kopy Goldfields prepared resource points that are becoming a common Gold is planning a drill program at
estimates for the GKZ on the Krasnoye theme in Great Basin gold exploration. Kilgore in Idaho, and NuLegacy Gold
gold deposit in the Bodaibo area, Irkutsk Pilot used the extensive historic data- has acquired Barricks 30% interest in
region, Russia. The C1 + C2 categories base and current knowledge of Carlin- Iceberg and now owns 100% of the
include 305 koz Au, whereas total type gold systems to focus drilling that property.
resources (including P category) are 598 expands the mineralized footprint. Gol- The big boys have gotten into the
koz. drush and Iceberg are other examples act of reporting significant exploration
In Magadan, Polymetal acquired a of this approach. This is also another news. Newmont is projecting commer-
Nizhniy Birkachan prospect near its example showing that Carlin-type sys- cial production from Long Canyon
existing mine with P resources of 14 t tems can be discovered in Paleozoic (Elko County, NV) in the first half of
gold and 34 t silver at an auction, pay- platform rocks, outside of the known 2017 and, in a newly released presenta-
ing about $120,000 to the government. gold trends. Other examples are Long tion, shows significant drill results from
In Kyrgyzstan, Chaarat Gold Hold- Canyon and Kinsley. outside the defined deposit.
ings Ltd estimated an initial CAPEX The Carlin trend continues to reveal Barrick announced noteworthy
of $684 million for construction of the its treasures. Premier Gold Mines, with results from three Nevada properties:
mine at Chaarat. The AISC is estimated its JV partner Barrick Gold, has dis- Cortez Hills, Goldrush, and Turquoise
to be $635.2/oz. The mine would pro- covered deep high-grade gold at South Ridge. At Cortez Hill the Deep South
duce 211 koz annually during 18 years. Arturo. At the Northeast Button Hill tar- zone is moving forward with a reported
The mineral resources are 53 Mt at get, a recent drill hole encountered 90 ft reserve of 1.7 million ounces of gold
2.79 g/t Au for 4.7 Moz Au contained. (27.4 m) of 0.75 opt Au (25.7 g/tonne). averaging 11 g/tonne Au within a
EXPLORATION REVIEWS
The principal shareholders of Chaarat Rye Patch continues to expand resource that is still open to south. Tur-
Gold are Labro Investments (25.2%), known gold mineralization along the quoise Ridge is still open to the north-
China Nonferrous Intl Mining Co Oreana trend (Pershing County, NV) east and apparently has great potential
Ltd (8.23%), and First State Stewart with the announcement of significant for expansion. At Goldrush the size of
(7.23%), with 11.81% held by directors. gold and silver assays from drilling the potentially economic deposit has
Stans Energy Corp filed another along a north-south structural zone at been reduced to better fit the economics
complaint to the UN Arbitration against Gold Ridge. of the times. The new resource is 8.6
Kyrgyzstan to dispute a license revoca- Quattera Resources released results million ounces with an average grade
tion on its Kutessay REE project. from two additional holes that are part of 10.58 g/tonne, with initial produc-
of the Bear copper deposit exploration tion from the planned underground
program in the Yerington district (Lyon mine anticipated in 2021. Drilling on
CONTIGUOUS County, NV). Both holes expanded the the Fourmile target, about 3 km north
UNITED STATES area of known mineralization to the
north, but the intercepts were below
of Goldrush, has identified significant
thickness with average grades at and
Regional Correspondent:
1,500 feet and the average copper grades above one ounce per ton gold. Both
Roger C. Steininger (SEG 1978)
COO & Director, Acquisitions & Exploration were 0.26% and 0.36%. Fourmile and Goldrush are open in
NuLegacy Gold Corp. Columbus Golds partner Carnavale many directions. 1
4790 Caughlin Parkway, #765 Resources encountered anomalous
Reno, NV 89519-0907 gold, silver, lead, and zinc in drill holes
Phone: (775) 742-6333 along the Rattler shear zone at the Red
E-mail: audoctor@aol.com Hill project in extreme eastern Nevada,
GEOLOGY
GEOGRAPHY
GEOPHYSICS
CULTURE Au
POLITICAL
website: www.greatbasingis.com
email: jlaravie@frontiernet.net
phone: 775-777-8223
PAID ADVERTISEMENT PAID ADVERTISEMENT
48 SEG NEWSLETTER No 105 APRIL 2016
PRELIMINARY
2016 Education and Training Curriculum
The following is a preliminary list of short courses (SC) and field trips (FT) scheduled for 2016.
SEG reserves the right to cancel courses or modify speakers, topics, and locations.
Official registration information will be available about three months prior to the courses.
Visit segweb.org/events for the latest updates on courses and events!
SEG Short Course/Field Trip SEG SC/FT Dates Conference Dates Venue/Location Presenter(s)/Leader(s)
FT SEGF Student Field Trip to August 1725 N/A Central and Schroeter, Logan
Porphyry Deposits of BC, Canada Southern BC
SC Gold Deposits: Their Geology, August 2728 35th IGC Cape Town, Goldfarb, Simmons
Geochemistry, and Genesis August 27 South Africa
September 4
SC Economic Geology 101 August 28 35th IGC Cape Town, Robb, Kinnaird
EDUCATION & TRAINING
FT1 Biga Peninsula: September 2024 SEG 2016 Departs from Ceyhan
Au-Cu-Mo-Pb-Zn Deposits September 2528 and returns to
zmir, Turkey
FT2 Borate Deposits of September 2124 SEG 2016 Departs from Demirci
CAN
Western Turkey CELLED September 2528 and returns to
zmir, Turkey
FT3 Balkans I: Tour of September 2124 SEG 2016 Departs from Livesey
Timok Complex, Serbia September 2528 Belgrade, Serbia and
returns to zmir, Turkey
SC1 Porphyry Copper Deposits September 2425 SEG 2016 Sheraton Hotel, Dilles, Kouzmanov
from Magmas to Ore Minerals September 2528 esme, Turkey
SC2 Volcanology for Exploration September 2425 SEG 2016 Sheraton Hotel, McPhie
Geologists September 2528 esme, Turkey
SC5 Epithermal Au-Ag Deposits: September 2930 SEG 2016 Sheraton Hotel, Simmons, Enders
Geological Characteristics, September 2528 esme, Turkey
Ore-Forming Processes,
Exploration Methods, and Discoveries
SC6 Structural Geology in September 2930 SEG 2016 Sheraton Hotel, Davis, Tosdal
Hydrothermal Deposits: September 2528 esme, Turkey
From Drill Core to Arcs
SC7 Targeting in Tough Times: September 2930 SEG 2016 Sheraton Hotel, Doggett
Economic and Geologic Aspects September 2528 esme, Turkey
of Copper and Gold Exploration
FT4 Tour of Western Turkey with a September 2930 SEG 2016 Departs from zta, Aslan
Mix of Porphyry-Epithermal September 2528 and returns to
Deposits zmir, Turkey
FT5 Central Anatolian Au Deposits September 29 SEG 2016 Departs from Toprak, Yldz
and Volcanism October 2 September 2528 zmir and returns
to stanbul/
Ankara, Turkey
FT7 Eastern Turkey: pler September 29 SEG 2016 Departs from and Simolonogov, Yavuz
Porphyry-Epithermal Deposits October 2 September 2528 returns to zmir-
stanbul, Turkey
FT8 Balkans II: Tour of Greece September 29 SEG 2016 Departs from Voudouris, Siron
and Bulgaria with a Mix of October 3 September 2528 and returns to
Porphyry-Epithermal Deposits zmir, Turkey
and Recent Discoveries
FT Silver City Mining District September 2024 GSA Silver City, Idaho Saunders, Brueseke,
Field Trip September 2528 USA Gillerman
35TH
INTERNATIONAL
GEOLOGICAL
CONGRESS
27 AUGUST - 4 SEPTEMBER 2016 I CAPE TOWN, SOUTH AFRICA
The IInternational Geological Congress (IGC) is the principal event of the International
U of Geological Sciences (IUGS) the 35th congress will be held in Cape Town,
So Africa between 27 August and 4 September 2016.
The GEOSCIENCE
IN THE ECONOMY strand currently covers 13 major themes and
offers some 46 symposia selected for their relevance and topicality to the resource
industry at the present me (see hp://www.35igc.org/Themes) . A large number of
indus
workshops
work and short courses are currently also on offer, including 2 offered specifically
by the
th SEG, namely Gold Deposits: Their Geology, Geochemistry and Genesis and a
new offering
o Economic Geology 101. Other relevant workshops include Infrared Core
Imaging:
Imag An Emerging Technology For Geological and Mining Applicaons, Geological
Mapping
Mapp Techniques and GIS-based Mineral Prospecvity Modelling. Two of the
themes
them aracng most aenon are:
1. Mineral
Mi Exploraon; and
EDUCATION & TRAINING
2. Mineral
Mi Deposits and Ore Forming Processes
See the
t website hp://www.35igc.org/Themes for all themes.
A fascinang
fasc field-trip programme is currently being rolled out across the length and
breadth
bread of the Connent. See hp://www.35igc.org/Verso/173/Field-Trips.
AAb
b act submission will close on 29 February 2016; Early-Bird registration rates are
ccu
u ntly available and will close on 31st May 2016.
www.35igc.org
Description: Description:
This two-day work- This one-day course
shop is for those will introduce partici-
who want to improve pants to the discipline
their understanding of economic geology in
about the geology terms of opportunities for
and genesis of gold career paths and for aca-
deposits. The course demic research. A series
will provide a com- of short modules on ore
prehensive overview deposit topics, prepared
of all aspects of the by experts in the field,
geology of gold ores will range from global metallogeny to deposit scale analysis.
in arc environments
and metamorphic terranes. Geology, geochemistry, mineralogy, Presenters:
alteration, structure, tectonics, and exploration approaches will Laurence Robb was Professor of Economic
be covered for the main gold deposit types. Geology at the University of the Witwatersrand
(Wits), South Africa, 2001-2005, and Director
Presenters: of its Economic Geology Research Institute
Richard J. Goldfarb was senior research (EGRI). He is currently Visiting Professor in the
geologist with the Minerals Program of the U.S. Department of Earth Sciences at the University
Geological Survey, where he was employed of Oxford. He has worked for over 30 years on
for more than 32 years. His expertise is in the many the great mineral districts of the African
geochemistry and geology of ore deposits, with continent and is currently involved in research
emphasis on Phanerozoic orogenic gold. Earlier on the metallogeny of Myanmar/Burma and
career work concentrated on the Tertiary oro- Western Sahara. He served as a technical consultant with The
genic gold deposits of southern Alaska. Results Mineral Corporation and remains directly involved with various
were used to develop ore genesis models for exploration ventures in Africa.
giant gold deposits. In recent years, Rich has conducted detailed Judith A. Kinnaird has spent most of her career
studies on the distribution of orogenic gold deposits through space as a University lecturer and has taught at Univer-
and time. He has senior- and co-authored more than 195 refereed sity College Cork in Ireland as a distance tutor for
publications in economic geology.
Early Registration Rates: Standard Registration Rates: Early Registration Rates: Standard Registration Rates:
until May 31, 2016 June 1, 2016 until May 31, 2016 June 1, 2016
Members (R6,000); (US$400) Members (R7,000); (US$467) Members (R2,000); (US$133) Members (R3,000); (US$200)
Non-Members (R7,000); (US$467) Non-Members (R8,000); (US$533) Non-Members (R3,000); (US$200) Non-Members (R4,000); (US$267)
SEG Students (R3,000); (US$200) SEG Students (R3,500); (US$233) SEG Students (R1,000); (US$67) SEG Students (R1,500); (US$100)
Non-member Students Non-member Students Non-member Students Non-member Students
(R3,500); (US$233) (R4,000); (US$267) (R1,500); (US$100) (R2,000); (US$133)
Approximately R15 = US$1
Register online at www.35igc.org
52 SEG NEWSLETTER No 105 APRIL 2016
Description
The Silver City district, located in the in the Owyhee Mountains of southwestern Idaho, lies ~80 km SSW of Boise. It is best known for
the world-class modern (1977-1998) open-pit low-sulfidation DeLamar Ag-Au deposit at DeLamar Mountain. However, similar ores
from War Eagle and Florida Mountains in the district were just as important as DeLamar in the early mining history of the district. The
most extensive study of the ores in the district was done by Waldemar Lindgren in the 1890s, where he apparently formulated his
early ideas about the nature of epithermal deposits. Lindgren documented the selenium-rich nature of the epithermal ores in the Silver
City district, and described for the first time the origin and significance of adularia in these ores. The geology of the Silver City area
consists of a basement of Cretaceous granitoid correlative with the Idaho batholith, which is unconformably overlain by Miocene mafic
lavas, that are in turn overlain by Miocene rhyolite ows and tuffs. The paleosurface in the district is preserved locally and consists of
hot-spring sinter. During the early underground mining period (1860-1920), principal veins mined were the Orofino and Poorman veins
on War Eagle Mountain, the Black Jack-Trade Dollar vein on Florida Mountain, and a suite of smaller veins on DeLamar Mountain.
Principal ore minerals include: aguilarite, Se-rich acanthite, naumannite, and electrum, which precipitated from dilute solutions at
~180-280C. High-precision 40Ar-39Ar geochronology on adularia in the veins indicates that they formed almost synchronously with host
volcanic rocks at 15.4-16.3 Ma.
Visit www.segweb.org/events#16RGSAPRE for additional information
Please note that SEG reserves the right to cancel these events should minimum attendance numbers not be met.
For further information on cancellation policy, event photography, and dietary restrictions, visit www.segweb.org/tc.
No 105 APRIL 2016 S E G N E W S L E T T E R 53
PAID ADVERTISEMENT
54 SEG NEWSLETTER No 105 APRIL 2016
Address Comments To
Chair, SEG Fellowship Admissions Committee
SOCIETY OF ECONOMIC GEOLOGISTS 7811 Shaffer Parkway Littleton, CO 80127-3732 USA
Esterio, Harry E-Mining Technology S.A., Via del Mar, Ridley, John R. Colorado State University, Fort Collins, Colo-
Chile: Eduardo Campos, Jos Perell; rado: Roger C. Steininger, Jean Cline;
Kingsley, Timothy Trevali Mining Corporation, Bellingham, Yang, Liqiang China University of Geosciences, Beijing, Chi-
Washington: Daniel Marinov, Brian Rusk; na: Richard J. Goldfarb, David Ian Groves;
Kutluoglu, Rory A. Kaminak Gold Corporation, North Van- Yang, Zhiming Chinese Academy of Geological Sciences,
couver, Canada: Alan Wainwright, Daniel Marinov; Beijing, China: Zhaoshan Chang, Noel C. White;
Richardson, Jean M. University of Waterloo, Waterloo, Cana- Zrcher, Lukas United States Geological Survey, Tucson,
da: Marcos Zentilli, A. James Macdonald; Arizona: Eric Seedorff, Timothy S. Hayes.
South Africa; Asri Arifin, PT Agincourt San. Ve Tic. A.S, Ili, Turkey; Sarah E. Mines Limited, Delhi, India; Monica
Resources, Kendari, N. Sumatra, Indo- Heard, Stawell Gold Mines, Willaura, Nordling, Yukon Geological Survey,
nesia; William F. Arteaga Chango, Sr., Australia; Richard C. Histed, Greeley, Whitehorse, Canada; Daryl Glen Nunn,
Gran Nacional Minera Mariscal Sucre, Colorado; Anna A. Hoffmann, Gonza- Global Ore Discovery, Albion, Australia;
Quito, Ecuador; Tenley J. Banik, Illi- les, Louisiana; David Stephen Holder, Tansy A.J. OConnor-Parsons, Kingston
nois State University, Normal, Illinois; AMTEL, London, Canada; Johnmark Upon Thames, United
Mark Bennett, S2 Resources Ltd, Perth, Homu, Mineral Resources Authority, Kingdom; Andrew Olson, to page 56 . . .
56 SEG NEWSLETTER No 105 APRIL 2016
Southwest Exploration Services, San Tan Boris Baca, University of Bratislava, Clement, Institut Polytechnique LaSalle
Valley, Arizona; Marcela R. Oyarzun, Zarnovica, Slovakia; Taufiq Bakhtiar, Beauvais, Conflans St. Honore, France;
Codelco, Santiago, Chile; Julio C. Palo- Gadjah Mada University, Semarang, Lauren Corlett, University of Western
mino, Georesolution, S.C., Hermosillo, Central Java, Indonesia; Abram Barker, Ontario, Mulmur, Canada; Giovanny A.
Mexico; Andrew T. Pearce, Fremantle, University of Arkansas, Fayetteville, Cuervo Londono, Universidad Nacional
Australia; Steven J. Polkowski, Sum- Arkansas; Mary C. Barlow, University of de Colombia Sede Bogota, Bogota,
itomo Metal Mining Pogo LLC, Delta Utah, South Weber, Utah; Frederic Colombia; Kai Cui, University of
Junction, Alaska; Nicholas Poznik, Bequet, Institut Polytechnique LaSalle Science and Technology Beijing, Beijing,
Roxby Downs, Australia; David Rainey, Beauvais, Asnieres sur Seine, France; Ana China; Philip Dalhof, Colorado State
BHP Billiton, Houston, Texas; Mark Marie E. Binuya, National Institute of University, Fort Collins, Colorado;
Rollog, University of Adelaide, Ade- Geological Sciences, Quezon City, Jessica A. Daniel, Laurentian University,
laide, Australia; Michael Roper, Agnico Philippines; Christian E. Blanco, Jr., Vancouver, Canada; Michael Day, South
Eagle, Vancouver, Canada; Prabodha R. Universidad Nacional Mayor de San Dakota School of Mines and Technology,
Sahoo, Indian School of Mines, Dhan- Marcos, Lima, Peru; Ivan Borisenko, Rapid City, South Dakota; Elvis Diaz
bad, India; Dermot Smyth, Lonmin Plc, V.S. Sobolev Institute of Geology and Muiz, Universidad Mayor de San
Castledawson, Northern Ireland; Mat- Mineralogy, Novosibirsk, Russia; Emma Marcos, Lima, Peru; Yeline Lal Dik-
thew W. Stone, The Doe Run Resource Bouarouk, Institut Polytechnique menli, Middle East Technical University,
Corporation, Salem, Missouri; Taija LaSalle Beauvais, Luzancy, France; Ankara, Turkey; Cameron R. Drever,
Torvela, University of Leeds, Leeds, Christopher E. Brus, University of University of Waterloo, Belwood,
United Kingdom; Jiro Uesugi, Sumi- Arizona, Tucson, Arizona; Andres Canada; Dana Drew, University of
tomo Metal Mining, Santiago, Chile; Buitrago Burgos, Universidad Industrial TexasAustin, Austin, Texas; Justin B.R.
Richard Unitt, University College Cork, de Santander, Floridablanca, Colombia; Drummond, Queens University,
Cork, Ireland; Fredrik von Weisz, Pyry Nathaly Burbano Munoz, Universidad Kingston, Canada; Renelle Dubosq,
Sweden AB, Stockholm, Sweden; Jason Nacional de Colombia Sede Bogota, San University of Ottawa, Kapuskasing,
Weber, Alianza Minerals Corporation, Juan de Pasto, Colombia; Jordan S. Canada; Alban Duvernois, Institut
Vancouver, Canada; Paul Weedon, New- Burke, Saint Marys University, Halifax, Polytechnique LaSalle Beauvais, Saint
mont Mining Ltd, Accra, Ghana; Todd Canada; Jason Burwell, University of Galmier, France; Corinna Eicke, TU
Williams, Adelaide, Australia. Arizona, Tucson, Arizona; Tuvshintogs Bergakademie Freiberg, Freiberg, Ger-
Buyanbayar, Mongolian University of many; Alonso Encina, University of
Science and Technology, Ulanbator, Chile, Santiago, Chile; Emily Fallon,
Mongolia; Enrico Cacciatore, TU University of Bristol, Bristol, United
The Society Welcomes Bergakademie Freiberg, Freiberg, Ger- Kingdom; Lorrana Roriz Faria, UFRJ,
The Following many; Beatriz G. Caetano, Universidade Rio de Janeiro, Brazil; Tomas Flegr,
NEW1STUDENT MEMBERS: Federal do Rio de Janeiro, Rio de Janeiro,
Brazil; Mehmet Cam, Mugla Sitki
Masarykova Univerzita, Brno, Czech
Republic; Felix Furgut, Ludwig-Maximil-
Logan Adams, University of Louisiana, Kocman University, Mugla, Turkey; ians Universitat Munchen, Oberstaufen,
Lafayette, Louisiana; Yuly J. Aguilar Delia Cangelosi, University of Leeds, Germany; Alyssa Charlotte Galtier,
Avila, Universidad Nacional de Colom- Leeds, United Kingdom; Matthew Ian Institut Polytechnique LaSalle Beauvais,
bia Sede Bogota, Bogota, Colombia; Cannon, University of Waterloo, Castillon du Gard, France; Nicolas
Genesis Aguirre, Universidad de Sonora, Hamilton, Canada; Ricardo A. Carta- Garcia Ospina, Universidad Nacional de
Hermosillo, Mexico; Labdan Alqahtani, gena, Jr., Escuela Poitecnica Nacional, Colombia Sede Bogota, Bogota, Colom-
University of Texas at El Paso, El Paso, Quito, Ecuador; Luisa Casadiegos bia; Chad Jack Gardner, University of
Texas; Kelly G. Alvarado, Escuela Agudelo, Universidad Industrial de New South Wales, Sydney, Australia;
Politecnica Nacional, Quito, Ecuador; Santander, Bucaramanga, Colombia; Alejandro Luis Garrone, Sr., Camborne
Bernardita Alvear, University of Chile, Carolina Castano Uribe, Escuela de School of Mines, Penryn, United
Santiago, Chile; Courtney Anders, Ingenieria de Antioquia, Envigado, Kingdom; Gaelle Gatellier, Universit
University of Melbourne, Koroit, Colombia; Houzze K. Castrejon, Unidad dOrlans, Orlans-La Source, France;
Australia; Benjamin S. Andrew, Univer- Academica de Ciencias de la Tierra, Julian E. Giraldo Zuluaga, Sr., Universi-
sity of Waikato, Hamilton, New Zealand; Iguala de la Indepencia, Mexico; Carlos dad EAFIT, Medellin, Colombia; Begum
Virginia P. Andrews, Texas Christian A. Castro Munoz, Universidad Indus- Girgin, Mugla Sitki Kocman University,
University, Fort Worth, Texas; Elena trial de Santander, Bucaramanga, Mugla, Turkey; James H. Glass, Trinity
Angulo Romero, Escuela Politcnica Colombia; Matthieu Cedou, Institut College Dublin, Dublin, Ireland; David
Nacional, Quito, Ecuador; Cloix Polytechnique LaSalle Beauvais, Ville S. Gomez, Fusagasuga, Colombia; Eric
Anthony, Universit de Montpellier, d-Avray, France; C. Gabriela Chancusig B. Goncalves Prado, Rio de Janeiro,
MEMBERSHIP
Montpellier, France; Giovanni A. Espinoza, Escuela Politcnica Nacional, Brazil; Benjamin M. Guerin, Institut
Aranibar, Universidad Mayor de San Quito, Ecuador; James Chapman, Polytechnique LaSalle Beauvais, Beau-
Andres, La Paz, Bolivia; Daniel F. Ayala, University of Arizona, Tucson, Arizona; vais, France; Carlos E. Guerrero,
Universidad Industrial de Santander, Ian Chappell, Laurentian University, Universidad Industrial de Santander,
Floridablanca, Colombia; Gendenjamts Sudbury, Canada; Annock G. Chiwona, Bucaramanga, Colombia; Floriane
Baatar, Mongolian University of Science Newcastle University, Newcastle Upon Guillevic, Institut Polytechnique LaSalle
and Technology, Ulanbator, Mongolia; Tyne, United Kingdom; Gaetan Beauvais, St. Sebastien Sur Loire, France;
No 105 APRIL 2016 S E G N E W S L E T T E R 57
Xian Zheng Guo, China University of Riverside, California; Victoria Lefebvre, Germany; Bastian Munoz, Universidad
Geosciences, Wuhan, China; Stephen Institut Polytechnique LaSalle Beauvais, de Chile, Santiago, Chile; Akshaya
Harris, University of New South Wales, St. Martin du Manoir, France; Katelyn Rajan Nambiar, Cornell University,
Glen Alpine, Australia; Hugo Hedin M. Lehman, Texas Christian University, Ithaca, New York; Ronald B. Ndzelen,
Baastrup, Lulea University of Technol- Fort Worth, Texas; Marie Ltourneau, RWTH Aachen, Koeln, Germany; Adrian
ogy, Lule, Sweden; Christoffer Hem- Laurentian University, Sudbury, Canada; M. Oberland, Laurentian University,
mingsson, Stockholm University, Lamei Li, University of Science and Sudbury, Canada; William T. Ogilvie,
Stockholm, Sweden; Michael Herzog, Technology, Beijing, China; Xuanxuan Laurentian University, Sudbury, Canada;
Ludwig-Maximilians Universitat, Li, Hefei University of Technology, Fiorella Ojeda Rondan, Universidad
Klagenfurt, Austria; Catherine Mary Hefei, China; Andrew Lilley, University Mayor de San Marcos, Lima, Peru;
Hill, University of the Witwatersrand, College Cork, Cork, Ireland; Brian Natalia Ovalle Romero, Universidad
Johannesburg, South Africa; Jacqueline Longstreth, Colorado State University, Nacional de Colombia Sede Bogota,
Huggins, Laurentian University, Johnstown, Colorado; Maria C. Lopez Madrid, Colombia; Juan P. Oviedo Diaz,
Mississauga, Canada; Jacob M. Hughes, Suarez, Universidad Nacional de Universidad Industrial de Santander,
Kansas State University, Manhattan, Colombia Sede Bogota, Bogota, Colom- Bucaramanga, Colombia; Anil Ozturk,
Kansas; Julien A. Huguet, Institut bia; Jhonny A. Lozada, Escuela University of the Witwatersrand,
Polytechnique LaSalle Beauvais, Politecnica Nacional, Quito, Ecuador; Johannesburg, South Africa; Luis
Etampes, France; Scott Hutchinson, Erin Anne Lynch, University of Michi- Palomino, Universidad Nacional
University of Western Ontario, Whitby, gan, Ann Arbor, Michigan; Leah R. Autonoma de Mexico, Hermosillo,
Canada; David Greig Hutton, Univer- Macey, Colorado School of Mines, Mexico; Jacqueline J. Pechuga, Univer-
sity of Western Ontario, London, Denver, Colorado; Baptiste Madon, sidad Nacional Mayor de San Marcos,
Canada; Korhan Huylu, Mugla Sitki Institut Polytechnique LaSalle Beauvais, Lima, Peru; Ana Milena Penaherrera,
Kocman University, Ankara, Turkey; Beauvais, France; Alexandra Malygina, Escuela Politecnica Nacional, Quito,
Manuel A. Jaimes Baez, Universidad Geological Institute of Kola Science Ecuador; Eric Pilles, University of
Industrial de Santander, Colombia; Centre, Apatity, Russia; Zahira L. Western Ontario, London, Canada;
Dylan Jamison, University of Waterloo, Martnez Roca, Universidad Mayor de Thomas Poitrenaud, Universit
Waterloo, Canada; Jorge A. Jora, San Andres, La Paz, Bolivia; Karl dOrlans, Orleans, France; Lucia
Universidad Mayor de San Andres, La Masson, Institut Polytechnique LaSalle Profeta, University of Arizona, Tucson,
Paz, Bolivia; Reka Fruzsina Kaldos, Beauvais, Troissereux, France; Camie Arizona; Yunwei Qu, University of
University of Johannesburg, Budapest, Mathey, Institut Polytechnique LaSalle Science and Technology, Beijing, China;
Hungary; Ian Kallio, Oregon State Beauvais, Provins, France; Matthew W. Segolene Rabin, Institut Polytechnique
University, Corvallis, Oregon; Silvestar Matko, University of Minnesota Duluth, LaSalle Beauvais, Noyon, France; Declan
E. Kanev, IV, Sofia University, Montana, Duluth, Minnesota; Jose Henrique da Radford, University of Tasmania, Yolla,
Bulgaria; Deniz Ekin Karabulut, Middle Silva Nogueira de Matos, Universidade Australia; Rezha Ramadhika, Gadjah
East Technical University, Ankara; Estadual de Campinas, Campinas, Brazil; Mada University, Yogyakarta, Indonesia;
Aleksandar Karakolev, University of Konstantinos Mavrogonatos, Univer- Carmen N. Ramirez Ordonez, Universi-
Sofia, Sofia, Bulgaria; Christopher Kelly, sity of Athens, Athens, Greece; Duncan dad Nacional de Colombia Sede Bogota,
Laurentian University, Sudbury, Canada; S. McIntosh, Jr., University of Louisi- Bogota, Colombia; William Reith,
William M. Keyser, University of ana, New Orleans, Louisiana; Natalie Queens University, Kingston, Canada;
Adelaide, Adelaide, Australia; Bat-erdene McIver, James Cook University, Con- Julian M. Reyes Alvarez, Universidad
Khurelbaatar, Mongolian University of don, Australia; Jacob Mehlenbacher, de los Andes, Bogota, Colombia;
Science and Technology, Ulanbator, Western University, London, Canada; Macarena Roca Benedek, UFRJ, Rio de
Mongolia; Marie A. Kieffer, Institut Julian D. Melo Gomez, Universidad Janeiro, Brazil; Julio C. Rojas, Universi-
Polytechnique LaSalle Beauvais, Per- Nacional de Colombia Sede Bogota, dad de los Andes, Bogota, Colombia;
ros-Guirec, France; Robert King, Bogota, Colombia; Hector Armando Stan Roozen, ETH Zurich, Zurich,
Memorial University, Portugal Cove-St. Meneses Carvajal, Universidad Indus- Switzerland; Behnam Sadeghi, James
Phillips, Canada; Kim Klausen, Carleton trial de Santander, Bucaramanga, Cook University, Townsville, Australia;
University, Ottawa, Canada; Christo- Colombia; John Mering, University of Angel F. Salazar Alvarez, Universidad
pher Kobylinski, University of Ottawa, Waikato, Hamilton, New Zealand; Industrial de Santander, Bucaramanga,
Ottawa, Canada; Kresna Kustrianu- Hctor Wilmer Merino Flores, Escuela Colombia; Carlos a. Salcedo Nunez,
groho, Gadjah Mada University, Jakarta Politcnica Nacional, Quito, Ecuador; Pontifica Universidad Catolica del Peru,
Timur, Indonesia; George Kyritsis, Clare Miller, Queens University, Lima, Peru; Lizeth J. Sanabria Ruiz,
National and Kapodistrian University, Kingston, Canada; Nkhupetseng Universidad Industrial de Santander,
Athens, Greece; Juergen Lang, Univer- Mohlahlana, University of Pretoria, Bucaramanga, Colombia; Oyungerel
sity College Cork (UCC), Ohmden, Pretoria, South Africa; Carlos A. Moreno Sarantuya, Kyushu University, Fukuoka,
Germany; Eric Ian Larson, Eastern Jimenez, Universidad Industrial de Japan; Loraine Faye O. Sarmiento,
MEMBERSHIP
Washington University, Otis Orchards, Santander, Bucaramanga, Colombia; University of the Phillippines, Quezon
Washington; Valentine Le Grand de Cristian D. Moreno Villamizar, City, Philippines; Callum Scott, Univer-
Mercey, Institut Polytechnique LaSalle Universidad Industrial de Santander, sity of Exeter, Hereford, United King-
Beauvais, Paris, France; Gaetan Le Lait, Bucaramanga, Colombia; Christopher dom; Sean R. Scott, University of
Institut Polytechnique LaSalle Beauvais, A. Morgan, University of Waterloo, Wyoming, Laramie, Wyoming; Henning
Saint Quay Perros, France; Bridget K. Waterloo, Canada; Matthias Mueller, Seibel, TU Bergakademie
Lee, University of California Riverside, Technische Universitat, Freiberg, Freiberg, Freiberg, to page 58 . . .
58 SEG NEWSLETTER No 105 APRIL 2016
Germany; Yaroslav Shelepov, Sobolev Tourneur, Observatoire des Sciences de of Exeter, Penryn, United Kingdom; Sam
Institute of Geology and Mineralogy, lUnivers en Rgion Centre, Orleans, Woodcock, University of Exeter, Penryn
Novosibirsk, Russia; Josia Tulongeni France; Matthew L. Trenkler, Carleton Campus, Dereham, United Kingdom;
Shilunga, University of Witwatersrand, University, Ottawa, Canada; Corwin Qingling Xiao, Hefei University of
Ohangwena, Namibia; Victor Silva, Trottier, St. Marys University, Cole Technology, Hefei, China; Chenghan
Universidade Federal do Rio de Janeiro, Harbour, Canada; Usukhbayar Tsend, Xu, Jilin University, Jilin, China;
Niteri, Brazil; Peter Skoda, Eotvos IV, Mongolian University of Science and Jiaming jiaming Yan, Ji Lin University,
Lorand University, Budapest, Hungary; Technology, Ulanbator, Mongolia; Maria Changchun, China; Kejun Yang,
Pedro F. Solis, Pontifica Universidad Tsivilika, Aristotle University of Thessa- University of Science and Technology
Catolica del Peru, San Miguel, Lima, lonki, Thessaloniki, Greece; Mara Paz Beijing, Beijing, China; Lu Yu, Ji Lin
Peru; Tamas Spranitz, Eotvos Lorand Urdaneta, Universidad de los Andes, University, Changchun, China; Nataly
University, Budapest, Hungary; Keaton Bogota, Colombia; Diego D. Uribe A. Zabala, Universidad Mayor de San
Strongman, Laurentian University, Lozano, Western University, St. Catha- Andres, La Paz, Murillo, Bolivia; Nail
Burlington, Canada; Jakob Sturm, rines, Canada; Alyzee Viey-Chevalier, Zagrtdenov, Universit Toulouse,
Montanuniversitat Leoben, Leoben, Institut Polytechnique LaSalle Beauvais, Toulouse, France; Liz A. Zambrano
Austria; Neera Sundaralingam, Univer- Bussy St. Georges, France; Sariel Ville- Bonilla, Universidad Eafit, Medellin,
sity of Western Ontario, Brampton, gas, Universidad Tomas Frias, Potosi, Colombia; Hui Chao Zhang, Peking
Canada; Katie Swinden, University of Bolivia; Shawna Waberi, Queens University, Beijing, China; Lei Zhang,
Exeter, Sheffield, United Kingdom; University, Kingston, Canada; Corey J. Changan University, Xian, China;
Thomas Tabary, Institut Polytechnique Wall, University of British Columbia, Nestor R. Zipamoncha Garcia, Univer-
LaSalle Beauvais, Tille, France; Samuel Vancouver, Canada; Min Wang, North sidad Industrial de Santander, Bucara-
Terrazas, Universidad Autonoma Tomas Western University, Xian, China; Yang manga, Colombia; Jan Zubo, Comenius
Frias, Potosi, Bolivia; Maude Thollon, Wang, Ji Lin University, Changchun, University, Lucenec, Slovak Republic;
Institut Polytechnique LaSalle Beauvais, China; Yujian Wang, Laurentian Nicolas Zuluaga, Universidad de los
Beauvais, France; Siti Zaniza Tohar, University, Sudbury, Canada; Benjamin Andes, Bogota, Colombia; Grant S.
University of Exeter, Falmouth, United Wernette, Indiana University, Bloom- Zwiefelhofer, Kansas State University,
Kingdom; Oscar D. Torres Alarcon, ington, Indiana; Anggara Widyastanto, Manhattan, Kansas. 1
Universidad Nacional de Colombia Sede Gadjah Mada University, Depok,
Bogota, Bogota, Colombia; Enora Indonesia; Andrew Wilson, University
MEMBERSHIP
No 105 APRIL 2016 S E G N E W S L E T T E R 59
Announcements
& Deadlines
Call for Nominations SEG Awards and Lecturers
Call for Nominations R.A.F. Penrose Gold Medal, Call for Nominations 2017 SEG Traveling Lecturers
SEG Silver Medal, and Ralph W. Marsden Award for 2016 International Exchange Lecturer
Nominations and letters of support for the Societys Awards are Thayer Lindsley Visiting Lecturer
due by July 15, 2016. The SEG awards and nomination form
may be downloaded from the SEG website at segweb.org/forms International Exchange lecturers speak at sites selected for great-
or you may request a copy of the nomination form from SEG est involvement of industry, academic, and government geol-
headquarters. ogists. Thayer Lindsley lecturers visit colleges and universities.
Travel support is provided by the SEG Foundation for those who
Call for Nominations Waldemar Lindgren Award for 2016 are chosen. To be selected, nominees must (1) have widely recog-
The Lindgren Award is offered annually to a geologist whose nized expertise in a field of economic geology; (2) have known
published research represents an outstanding contribution competence as a public speaker; and (3) be able to represent SEG
to economic geology. The contribution shall be measured by as an enthusiastic and effective ambassador. The deadline for
consideration of one to three papers published by age 35. The submitting nominations is July 15, 2016.
recipient must be less than 37 years of age on January 1 of the
year in which the award is presented. The award shall not be
restricted as to the candidates nationality, place of employment, Please send all nominations and supporting documen-
or membership in the Society. The deadline for submitting nom- tation via the following options:
inations is July 15, 2016. Mail: Society of Economic Geologists, Inc.
Attn: Alison Cronk
Call for Nominations SEG Distinguished Lecturer for 2017
7811 Shaffer Parkway
The 2017 nominee will be selected on the basis of his/her preem- Littleton, CO 80127-3732, U.S.A.
inence in economic geology in some phase of scientific research
or application of the science to minerals exploration and/or E-mail preferred: seg@segweb.org
development. Please include the following information with
Please include type of award or lecturer category in the
your nomination: name of nominee, reason for nomination,
email subject line.
brief CV/resum of nominee, and confirmation that nominee is
willing to be proposed. The deadline for submitting nominations Fax: +1 (720) 981-7874 Attention: Alison Cronk
is July 15, 2016.
720-890-2628
plhansley@gmail.com
545 W. Fir Way Seminar and Field Trip Announcement
Louisville, CO 80027 Bolivian Polymetallic Vein Ag-Sn-W-Pb-Zn-Bi-(Au) Deposits
and Porphyry Tin Deposits of the Quechisla District,
Southern Bolivia
PAID ADVERTISEMENT
April 2328, 2016 Telamayu, Atocha, Bolivia
Leaders and Mentors:
Stewart D. Redwood, Consulting Geologist, Panam (SEG 1992 F)
Kevin B. Heather, Regulus Resources Inc., Chile (SEG 1998 F)
STRATEGIC MINERALS ADVISORY
Osvaldo Arce, Colegio de Gelogos de Bolivia, La Paz (SEG 2008 F)
Experse in: and Au epithermal and porphyry deposits of the polymetallic vein
Critical metals - graphite/Nb/Ta/Sn/W/Li/Sb and porphyry tin types in the Quechisla District of southern Bolivia.
Following a two-day seminar (presentations in Spanish), visits
Project due diligence, validation and
evaluation, Competent Person Reporting mvphenter@gmail.com will be paid to the following deposits: Choroma, Animas and Siete
+27 83 384 5985 Suyos, Chorolque, and Tasna.
Historical data review/compilation and Skype: phenter
incorporation into 2D/3D models
Cape Town, South Africa Visit www.segweb.org/studentevents for additional details
PAID ADVERTISEMENT
and registration information.
60 SEG NEWSLETTER No 105 APRIL 2016
MAY 1518 SIMEXMIN 2016 VII Brazilian Symposium on Mineral MARCH 58 PDAC Toronto, Canada. www.pdac.ca
Exploration, Ouro Preto, Minas Gerais, Brazil.
JUNE 47 FUTORES II (Future Understanding of Tectonics, Ores,
http://www.adimb.com.br/simexmin2016/. See p. 53.
Resources, Environment and Sustainability), Townsville,
JUNE 1924 2016 Gordon Research ConferenceGeochemistry of Australia
Mineral Deposits, From Deep Earth to Surface: Metals for
SEPTEMBER 1720 SEG 2017 Conference: Ore Deposits of Asia:
Society, Les Diablerets, S
witzerland.
China and Beyond in Beijing, China.
AUGUST 711 IVth International Conference Modern Information www.seg2017.org
Technologies in the Earth Sciences, ITES 2016 Yuzhno-
OCTOBER 2225 GSA 2017 Annual Meeting, Seattle, Washington, USA.
Sakhalinsk, Russia. See p. 19.
http://www.geosociety.org/
AUGUST 1725 SEG Foundation Student Field Trip No. 15Porphyry
DECEMBER 39 American Exploration and Mining Association Meeting
Systems of Central and Southern British Columbia, BC,
2017, Spokane, Washington, USA. www.miningamerica.org
Canada. See p. 41.
AUGUST 27 35th International Geological Congress (IGC), Cape Town, Date Other Events
SEPTEMBER 4 South Africa and two SEG workshops. See p. 5051.
Year 2016
SEPTEMBER 59 13th International Ni-Cu-(PGE) Symposium, Perth/Freman-
MAY 2426 Edwin W. Roedder Pan-American Current Research on
tle, WA, Australia. nicupgesymposium.com. See p. 24.
Fluid Inclusions Conference, Columbia, Missouri.
SEPTEMBER 2528 SEG 2016 Conference: Tethyan Tectonics http://muconf.missouri.edu/Pacrofi/.
and Metallogeny, in esme, Turkey.
JUNE 13 Margins Through TimeWhitehorse 2016GAC-MAC
www.seg2016.org. See p. 2738.
Joint Annual Meeting, Whitehorse, Yukon, Canada.
SEPTEMBER 2528 GSA 2016 Annual Meeting, Denver, CO, USA. http://whitehorse2016.ca/. See p. 40.
www.geosociety.org. See p. 52.
JUNE 26JULY 1 Goldschmidt 2016, Yokohama, Japan.
NOVEMBER 712 11th Ore Deposits Models and Exploration Workshop http://goldschmidt.info/2016/
Haikou, Hainan Province, China.
SEPTEMBER 79 Argentina Mining 2016 XI International Convention on
NOVEMBER 29 SEG-WMS Senior Exploration Management Course Business Opportunities in Exploration, Geology and Min-
DECEMBER 2 Littleton, Colorado, USA ing. XI Economic Geology Congress of Argentina, Conven-
tion Center Salta, Salta, Argentina. www.argentinamining.
DECEMBER 410 American Exploration and Mining Association Meeting, com. See p. 58.
Reno, NV, USA. www.miningamerica.org
PAID ADVERTISEMENT
SEG April 2016 - User Meeting & Training FINAL.indd 1 26/02/2016 14:20:42
SEG
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00
NUMBER 97 NUMBER 99 NUMBER 101
er 1 100
bNUMBER
APRIL 2014 See SEG
OCTOBER 2014
p. Confe 201 See Call
SEGAPRIL 2015 S JANUARY 2015
See EG Num
ogies Provide orld Economics of
the Uranium 20
ian Shield: 20
on and
Deep Exploration Technol
32 p. for P 15:
Western Arabian-NubProvince Hydrothermal Alterati
4 for p. 24 15
4 rence
0Real-W
Basin, Northern
5 fo The ap detFootprin ts: Copper Deposits
Discovery ion Around Porphyry John H. Dilles, Oregon State
3
s of the Athabasca
for
the Pathway to Deep
r d ers ing Gold ails 5
Deposit
det
Always King! AetailsRapidly Emerg Geochemical Dispers
Why Grade Is Not
Technologies CRC; ails
of Adelaide, Deep Exploration Commonwealth Scientifi
c SF), Centre for Street, Rossmoyne, WA
6148, Australia,
Saskatchewan: Corvallis, OR 97331,
University Groves (SEG 1973
David Giles (SEG 1981F), CRC; and James Cleverley, Mapping Pty Ltd., 24 Webb Administrative Building,
and Allan Trench and David Scott Halley, Mineral Sciences,104 CEOAS
e
mineral explo- to 0.7% having at least with short-wave infrared -relic fspar topaz spec. he
The long-term global 2013). Growth in production declining from 1.0% discoveries (defined as Arabia, has Egypt, commencing Eritrea EASTERN method for pros-
2003), particularly Saudi provide a rapid and cost-effective
104W
by strongly EAST ARGILLIC
ration challenge is framed (SNL Metals Economics
Group, equivalent to Northwest Territories 106W ANS musc
one drill intersection
m, Table 1) been extensively explored
since the 3000 BC, through to WEST hydrothermal systems.
increasing demand (Northey
et
2013). With regard to gold, O over 1 108W
WESTERN GONDWANA pecting for porphyry-type
greater than 1% U3 8 discoveries of the Roman period Yemen trace metals to average
60N PyCp
GONDWANA ANS
al., 2014), reduced reserve
inven- dis-
after the bull run of gold have been located in the Athabasca U O
Rae Subprovince 1970s, with numerous Lithogeochemistry detects via SlGa PROPYLITIC
rocks
Hearne Subprovince of commodities and thereafter, with Ethiopia and allows vectoring
deposits of a variety crustal abundance levels
Predominantly Archean
ly contained 14 depos- pounds 3 8 phengitic
tories (overwhelming coveries in the 1970s, Basin, totaling 2.18 billion
reworked by
copper, molyb- 0.5 and lithophile elements chl-fspar
0
Predominantly
silver, approximately musc-chl-
er 10100
Early Paleoproterozoicincluding gold, gradients of chalcophile
Tectonism
no
more were Some have Hudsonian rocks calc/epid-hem
within deposits discovered its of 20 Moz or more in all resource categories. tantalum, to 0.6 Moz of high- othermal ore and relic fspar
n
strongly affected by
denum, zinc, tin, tungsten, transported by magmatic-hydr are dispersed and
-m
N u mb
2010), 1980s, with up Beaverlodge
NUMBER
than 20 years ago; Schodde, made worldwide in the
Hudsonian Tectonism
extremely high grades,
Nisto
By contrast, the western grade gold produced
agm
Camp
rates had
the at
Map Area
uranium. circulating fluids that
fi ve in grade and CONGO PAKISTAN external
and decreasing discovery 11 in the 1990s, and to 24.6% U3O8 initial
reserve here defined as (Klemm et al., 2001). Of particular use are
alka-
atic
Arabian-Nubian Shield,
Maurice Bay Cp-Py
trapped in altered rocks.
CRATON
of huge size,
Middle
(Schodde,
ult
fluids
in that segment west and lis in sericite and metals
many are at
Lake
coun-
tion productivity, defi
on
ck
Roughrider
in weathered rocks and 2210 nm CpBn
discoveries easy- m below tion
tries reflect the fact that shallow depths (<250
Alberta
number of world-class
ni
absorption feature
Mesoproterozoic Dawn
relatively Late Paleoproterozoic to sediments Eagle
until recently, sufficient 2205 nm
to
Lake
including that, afforded INDIA 2,200-nm Al-OH
cost per dis- mines the
Tec
with shifts in
clastic
four large JEB Point
factors,
pH gradients useful for
undeformed
and the exploration to-find mineral deposits surface). However, only and mining legislation certainty to attract
Mozambique 2200 nm
rd
over the last Lake, Key Lake, Belt in sericite define paleofluid
J Zone
largely exploration Cover rocks
bi
Collins SODIC-
covery, has declined surface expression have (McArthur River, Cigar a geologic exploration to Egypt, metal-
ow
we are required
20 years (Schodde, 2013).
Midwest
been discovered, and and Eagle Point at 650,
Camp Rabbit
Unconformity Hosted
Total Tamarack
Nubian Shield Sudan, Eritrea, othermal plume. granite plag-actepid
the average tech- respectively)
Sue
standpoint, the western Older Precambrian crustbearing magmatic-hydr
now faced with the more 155 million pounds U3O8, 1,680 M lbs U3O8
Maybelle
the 1980s and 2000s, 1000 km porphyry
gold oppor- and Ethiopia, with
River Cigar
is a high-impact frontier
POTASSIC dikes
per dis- task Lake,
nically difficult and costly and three mining camps (Cluff
Shea
global exploration cost
Total Raven/
Creek Basement Hosted West Horseshoe
of >45 Moz discovery biotKspar
in real M lbs U O8 Bear
tunity, with discoveries accelerated Shield in
41.0, and 49.9 million and out- resources in both oro- terms of adjacent cratonic epithermal Au-Ag ores
e
magmatic smectIllitekaolchl
She in Riv
2011). pounds
as much as 260% (Schodde, tys response to the challenge
Phoenix
While 75% of the discovered developed, to be extensive the emerging giant produce most of the
Patterson
N has been and continues iron and aluminum mines,
Lake
copper been to
Legend
Cu > 0.2wt% (MoAu)
In 1975, the world had of deep exploration has Potash and
Key Lake
been of Au
either are being or have
South
Mines
(probably several Sukari deposit in companies such as Allana the largest producers
61 years giant mining of alluvial gold massive sulfide Cu and Mo, and are
reserves equivalent to . . .percentage is skewed by theRiver, Mines at Colluli
Deposits/Prospects
(1) divert explo- to page 23this in Ethiopia (e.g., Egypt, and volcanogenic known for over a cen-
100
also by South Boulder
80
at its launch during
60