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Project Generation from Mineral Potential Target Analysis Emory Beck [email protected] www.kenex.co.nz

Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck [email protected]. . What are targets? How are targets

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Page 1: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Project Generation from Mineral Potential Target Analysis

Emory [email protected]

www.kenex.co.nz

Page 2: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

What are targets?

How are targets created?

What attribute information can be assigned to a target?

How are targets ranked?Why conduct additional target

analyses?

Key Questions

Page 3: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Geochemistry

Geology GeophysicsMineral System

Page 4: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

From Turnbull et al, 2018

Page 5: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets
Page 6: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

What are Targets?

Defined as:• Areas of highest mineral potential• Best combination of predictive variables that

map the mineral system

Used to:• Focus exploration• Acquire new ground• Guide land planning and management• Plan drilling

Page 7: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Lithium pprb reclassified. 10 highest; 1 lowest post

probability

Lithium pprb grid (from model)

How are Targets Created?

1. Post probability of producing mines.

2. Specifying a percentage reduction of the study area.

3. Using natural breaks in the post probability values.

Cut-off methods

Page 8: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets
Page 9: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Attributing Targets with Model Data

Page 10: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Approximately 486 Lithium targets have been identified in the Taupo Volcanic Zone

Ranked by maximum and mean post probability

How are Targets Ranked?

Page 11: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

• Model Name, year and type• Commodity• Mineralisation style• Country• Datum/Projection• Unit Cell• Success Rate• Conditional Dependence• Geochemical data (drill, rock, stream and

soil sample numbers, max assays)• Geology – lithology and age• Faults• Geophysical surveys• Tenement status• Ownership information• Cadastral and cultural data (proximity to

urban areas...) • Environmental restrictions

Attributing Targets with Additional Information

Page 12: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Why Analyse Targets?

Page 13: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets
Page 14: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Our Business Is To Help Companies Discover New Opportunities

www.kenex.co.nz

Page 15: Project Generation from Mineral Potential Target Analysis...Project Generation from Mineral Potential Target Analysis Emory Beck emory@kenex.co.nz. . What are targets? How are targets

Acknowledgements