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Assisting exploration under cover Dr John Greenfield Director Resources Investment Symposium, Broken Hill May 25-28, 2013

Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

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Geological Survey of NSW - Industry presentation delivered at the 4th annual Resources Investment Symposium held in Broken Hill NSW Australia, 26-28 May 2014.

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Page 1: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Assisting exploration

under cover

Dr John Greenfield

Director

Resources Investment Symposium, Broken Hill May 25-28, 2013

Page 2: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

New discoveries: the deep challenge

530 km of drilling needed to

discover a moderate-sized

deposit in the last 10 years

Average depth of discovery

is now 83m

“The value of NSW Juniors”

report coming soon

Richard Schodde

Resources Investment Symposium, Broken Hill May 25-28, 2013

Page 3: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

New Frontiers revenue: A proxy to title area, and health of the industry

$A

UD

ML

EL

AL

Rental fee

introduced

Resources Investment Symposium, Broken Hill May 25-28, 2013

Page 4: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Tracking vital signs

GSNSW now monitors title, expenditure and drilling data to guide new projects and policy advice

More drilling needed, esp. in greenfields areas

Resources Investment Symposium, Broken Hill May 25-28, 2013

Page 5: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

GSNSW: laying the platform for discovery

• Seamless best-available basement geology

• Depth to basement 3D models

• Refined tectonic and exploration models

• Support drilling and new drill rigs

Resources Investment Symposium, Broken Hill May 25-28, 2013

Basement

Prospectivity

mapping

Page 6: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

GSNSW: laying the platform for discovery

• Seamless best-available basement geology

• Depth to basement 3D models

• Refined tectonic and exploration models

• Support drilling and new drill rigs

Resources Investment Symposium, Broken Hill May 25-28, 2013

Cover Thickness

Page 7: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

GSNSW: laying the platform for discovery

• Seamless best-available basement geology

• Depth to basement 3D models

• Refined tectonic and exploration models

• Support drilling and new drill rigs

Resources Investment Symposium, Broken Hill May 25-28, 2013

Page 8: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

GSNSW: laying the platform for discovery

• Seamless best-available basement geology

• Depth to basement 3D models

• Refined tectonic and exploration models

• Support drilling and new drill rigs

Resources Investment Symposium, Broken Hill May 25-28, 2013

Cooperative Drilling

applications close May 30th

Page 9: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Resources Investment Symposium, Broken Hill May 25-28, 2013

South Australia – NSW: MOU signed Oct 2013

Broken Hill Conference 2015

New Western Division Senior Geologist

REE pegmatites MinSys study

U palaeochannel mapping

Extending basement geology

Applying the program out west

Page 10: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Resources Investment Symposium, Broken Hill May 25-28, 2013

Out Now

Page 11: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Resources Investment Symposium, Broken Hill May 25-28, 2013

Broken Hill 2nd Ed. Metallogenic Map

Due May 2015

Page 12: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Resources Investment Symposium, Broken Hill May 25-28, 2013

Southern Thomson Orogen

150°E145°E140°E135°E

10°S

15°S

20°S

25°S

30°S

0 500250 km

Thomson Orogen

Southern ThomsonOrogen Project

Queensland

Northern Territory

South Australia

New South Wales

SA

QLD

NSW

Page 13: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

Resources Investment Symposium, Broken Hill May 25-28, 2013

Summary

• NSW, like the rest of the world, needs more drilling of targets that are either deeper or in regions under cover

• The big challenge for GSNSW is to encouraging exploration in new frontiers

• The main game for GSNSW is helping industry discover ore bodies

Page 14: Geological Survey of NSW | RIS2014 Broken Hill Industry Presentation

THEMES

Newcastle, NSW 7 – 10 JULY 2014

SYMPOSIA • 39th Sydney Basin

Symposium

• Comparison & Contrasts in Circum-Pacific Orogens

• Energy

• Resources

• Environment

• Infrastructure, Service & Community

• Dynamic Planet

• Living Earth

IMPORTANT DEADLINES Accommodation released by 30 May 2014

Registration for workshops and field trips ends 30 May 2014 Late registration fee starts after 30 June 2014

PLENARY SPEAKERS • Prof Iain Stewart, Plymouth

University (UK)

• Prof Mike Archer, UNSW

• Dr Chris Pigram, Geoscience Australia

• Prof Craig Simmons, Flinders University

PLUS NUMEROUS FIELD TRIPS AND WORKSHOPS