The South Australian Opportunity

Martin Reid

Director Mining Projects

South Australian Department for Energy and Mining

IMARC

30 October 2018

Deliver affordable, reliable and secure energy supplies in a transitioning national energy market while responsibly unlocking the value and opportunities of our mineral and energy resources.

Department for Energy and Mining

South Australia is resource richwith many opportunities across key commodities

Paris

The South Australian Opportunity

South Australia’s Mineral Production and Exports

Recent SuccessesMining

• BHP: Olympic Dam copper-gold-uranium mine

• OZ Minerals: Prominent Hill copper-gold mine

• SIMEC Mining: Middleback Ranges iron ore mines

• Iluka Resources: Jacinth – Ambrosia HMS mine

• Hillgrove Resources: Kanmantoo copper Mine

Development

• OZ Minerals: Carrapateena copper-gold mine

• Renascor Resources: Siviour graphite project

• Archer Exploration: Campoona Graphite project

• Boss Resources: Honeymoon uranium mine

• Havilah Resources: Kalkaroo copper – gold – cobalt project

Exploration

• Alliance Resources JV: Wilcherry Hill project

• Havilah Resources: Mutooroo cobalt project

• Marmota: Aurora Tank gold project

• Archer Exploration: Blue Hills copper project

• Tyranna Resources JV: Jumbuck gold project

• Investigator Resources: Paris silver project

Paris

• Energy

• Copper

• Iron Ore and Steel

South Australian Initiatives

South Australian government energy policy

Key Initiatives

• $200m Interconnection Fund

• $100m Home Storage Subsidy Scheme

• $50m Grid Scale Storage Fund

• $20m Demand response and Demand Aggregation Trials

AFFORDABLE, SECUREand RELIABLE ENERGY

SUPPLY

EV demand and Battery Supply

Cobalt and Graphite

Developing Projects

• Renascor Resources: Siviour graphite project

• Havilah Resources: Kalkaroo copper – gold – cobalt project

• Archer Exploration: Campoona Graphite project

• Lincoln Minerals: Kookaburra Gully Graphite Project

Recent Exploration Successes

• Gindalbie Metals/Torrens Mining: Mt Gunson copper – cobalt

• Havilah Resources: Mutooroo cobalt project

• Ausmex Mining: Princess Royal cobalt prospect

• Oakdale Resources: Oakdale graphite deposit

• Archer Exploration: Pollinga cobalt and Ketchowla cobalt-manganese projects

Cooper Basin Oil and Gas

• SA and Qld Cooper-Eromanga basins remain

Australia’s largest onshore oil and gas producer

• Huge potential for gas in unconventional reservoirs,

including the world’s deepest coal seam gas

• Geoscience Australia and DEM 2016 assessment of in-

place unconventional reservoirs in the Cooper Basin:

o 669 TCF C1-C5 Sales Gas-in-Place

o 80 billion C6+ Bbls Gas Liquids / Oil-in-Place

• Moomba is a hub for onshore oil and gas production

Western Flank

Oil play trend

Gas plays

If you want to know more please register for the

next meeting of the Roundtable for Oil & Gas in

SA: 23 November 2018, Adelaide Oval.http://www.energymining.sa.gov.au/petroleum/roundtable_for_oil_and_gas

Copper to the World

• Accelerate exploration, discovery and information

• Develop innovative infrastructure, services and research

• Engage to build industry and community capacity

Copper to the World – filling discovery gap

Carrapateena

South Australia’s Copper Resources

Gawler Craton Airborne Survey

• The world’s largest contiguous airborne Mag/Rad survey (1.66M line km.)

• 91% of Acquisition Complete to October 2018• Tranche 1 and 2 data acquisition complete

• Tranche 3 over 50% complete

• Data & info available: Gawler Craton Airborne Survey Community Information Web Page

• New benchmarks on community engagement

• New benchmarks in value added data releases

Accelerating Exploration, Discovery, Information

Accelerating Exploration, Discovery, Information

AusLAMP Magnetotellurics (30 km depth slice) and tenements in South Australia

(image from Kate Robertson, GSSA)AusLAMP Magnetotellurics (30 km depth slice) and copper occurrences in

South Australia (image from Kate Robertson, GSSA)

South Australia’s Lithospheric Architecture

New Geoscience Frontier –CoompanaA precompetitive initiative to support discovery

through technical innovation and data

• Drilling• Testing new technology• Down Hole gamma – Tru Probe• Wireline and autonomous• Real time XRF core scanning – Tru Scan• Down Hole Temperature

MinEx CRC

• Launched by Minister for Energy and Mining in Adelaide

October 2018

• SA Government commitment $5 million in funding and lend

a further $10 million in kind support by way of leading

expertise to advance the success of exploration under

cover.

• Faster problem solving, meeting risks and challenges

through collaboration

• A new era for the National Drilling Initiative.

• Combined expertise from state Geological Surveys.

• Builds on the highly successful DET-CRC - RoXplorer

coiled tubing rig is under licence and will be a step change

in exploration under cover

SARIG is a secure digital

map based portal that

delivers state wide

geological and geospatial

data

Information delivered by

SARIG is Open file and

FREE

SARIG – South Australian Resources Information Gateway

South Australia Drill Core Reference LibraryDelivering quality, accessible geological and environmental data

South Australia Drill Core Reference LibraryDelivering quality, accessible geological and environmental data

Contacts

Department for Energy and Mining

11 Waymouth StreetAdelaide, South Australia 5000

GPO Box 320Adelaide, South Australia 5001

T: +61 8 8463 3000

E: demreception@sa.gov.au

Disclaimer• The information contained in this presentation has been compiled by the Department for

Energy and Mining (DEM) and originates from a variety of sources. Although all

reasonable care has been taken in the preparation and compilation of the information, it

has been provided in good faith for general information only and does not purport to be

professional advice. No warranty, express or implied, is given as to the completeness,

correctness, accuracy, reliability or currency of the materials.

• DEM and the Crown in the right of the State of South Australia does not accept

responsibility for and will not be held liable to any recipient of the information for any loss

or damage however caused (including negligence) which may be directly or indirectly

suffered as a consequence of use of these materials. DEM reserves the right to update,

amend or supplement the information from time to time at its discretion.