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Overview of Exploration Geology Example
Overview of Exploration Geology Example
Exploration geology is the process and science of locating valuable mineral or petroleum
deposits, ie, those which have commercial value. The term “prospecting” is almost synonymous
with the term “exploration”. Mineral deposits of commercial value are called “ore bodies”
(compared to commercially viable deposits of oil which are called “oil fields”). This course will be
focused largely on mineral exploration, although many of the same techniques are used in
petroleum exploration.
4 Determining the value of an ore body (or “deposit”) requires determining two main features: 1)
“tonnage” (or volume), and 2) “grade” (or concentration). The volume is determined by using drill
data to outline the deposit in the subsurface, and by using a geometric models to calculate the
volume. If the ore body is exposed at the surface, then the dimensions of length and width can
be gathered at the surface, possibly with the aid of some trenching or blasting methods.
However, most of the volume which must be defined is typically located at depth and requires the
use of extensive drilling or underground excavation methods to define. The volume is difficult to
delineate because ore deposits often have irregular shapes. The “grade” is the average
concentration determined from numerous assays of drill samples. The grade can vary
considerably within different parts of the same ore body.
5 Development usually consists of extensive, close-spaced drilling which outlines the geometry
of the deposit in great detail. The development stage will also conduct extensive testing, with
some preliminary metallurgical testing, to precisely determine grade of the deposit and the
“recovery” (the amount of metal possible to extract, compared to the total amount of metal
present in the ore body). The final stage before actual mining or extraction is called “feasibility”.
During this stage, the actual mining or extraction method is proposed, taking into consideration
all of the economic variables which effect the bottom-line profit (commodity price, milling cost,
transportation cost, labor cost, etc...). At this stage, a decision is made whether to mine the
deposit from the surface (called “open-pit mining”), or to mine the deposit by tunneling (called
“underground mining”).
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