Do you know the risks?
If you’re a mineral exploration or mining company, how aware are you of your geological risks?
Mineral deposits are complicated, and your investment funds may be at risk if you don’t understand the geological complications sufficiently.
You can drastically lower the risk of losing multimillions of dollars using an efficient and cost-effective solution that’s readily available and uses the drilling data you already own. Most companies and industry experts don’t know how to unlock all the valuable information hidden in their drilling databases.
This is my area of expertise which I developed over my career.
The solution and benefits
If the critical structural geological controls of the mineral deposit can be deciphered quickly from your drilling data, the exploration and mining risk is lowered substantially. My critical analysis will:
- reveal unidentified extensions to mineral deposits
- help establish a reliable and sustainable resource model
- build investor confidence
What happens if you fail to know the risks?
In 2016, a publicly listed mining company devalued the Mineral Resource and Reserves of their gold deposit by nearly 90%. US$700 million of investors’ funds were lost as a result.
Why? Because the company and their consultants did not conduct Deposit-scale Structural Analysis using their own drilling data, a process that would have cost them almost nothing in comparison to their losses. They would have had a much better idea of the gold continuity, had they done so. They simply failed to truly understand the structural controls of their own mineral deposit.
Every mineral deposit has an underlying structural control. Failure to know this control may mean repeating the same mistake this company made. Don’t let that happen to your company.