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Abstract
Discussion Forum (0)
Much of British Columbia, Canada, is prospective for base and precious metal porphyry deposits, although the 'Golden Triangle' appears to have caught the bulk of attention in the last couple of years. This part of the province is relatively rugged and remote compared to the rest of the Province and, because of this, the cost of exploration is significantly higher. Analysis of publicly filed assessment reports indicates that for every 80-130 m that can be drilled in the Golden Triangle, the same expenditure would produce 150-210 m of drilling in other parts of the province. Similar trends are seen in surface geochemical and ground geophysical surveys, collectively comprising the bulk of methods typically used to make mineral discoveries. Exploration companies interested in BC may want to weigh the cost of exploring certain parts of the province against the potential, and recognize that areas outside the Golden Triangle offer better prospects for lower cost exploration work.
Much of British Columbia, Canada, is prospective for base and precious metal porphyry deposits, although the 'Golden Triangle' appears to have caught the bulk of attention in the last couple of years. This part of the province is relatively rugged and remote compared to the rest of the Province and, because of this, the cost of exploration is significantly higher. Analysis of publicly filed assessment reports indicates that for every 80-130 m that can be drilled in the Golden Triangle, the same expenditure would produce 150-210 m of drilling in other parts of the province. Similar trends are seen in surface geochemical and ground geophysical surveys, collectively comprising the bulk of methods typically used to make mineral discoveries. Exploration companies interested in BC may want to weigh the cost of exploring certain parts of the province against the potential, and recognize that areas outside the Golden Triangle offer better prospects for lower cost exploration work.
Balancing Exploration Cost and Geological Risk in British Columbia, Canada
Disclosure(s): n/a
Ron Voordouw
Abstract
Discussion Forum (0)
Much of British Columbia, Canada, is prospective for base and precious metal porphyry deposits, although the 'Golden Triangle' appears to have caught the bulk of attention in the last couple of years. This part of the province is relatively rugged and remote compared to the rest of the Province and, because of this, the cost of exploration is significantly higher. Analysis of publicly filed assessment reports indicates that for every 80-130 m that can be drilled in the Golden Triangle, the same expenditure would produce 150-210 m of drilling in other parts of the province. Similar trends are seen in surface geochemical and ground geophysical surveys, collectively comprising the bulk of methods typically used to make mineral discoveries. Exploration companies interested in BC may want to weigh the cost of exploring certain parts of the province against the potential, and recognize that areas outside the Golden Triangle offer better prospects for lower cost exploration work.
Much of British Columbia, Canada, is prospective for base and precious metal porphyry deposits, although the 'Golden Triangle' appears to have caught the bulk of attention in the last couple of years. This part of the province is relatively rugged and remote compared to the rest of the Province and, because of this, the cost of exploration is significantly higher. Analysis of publicly filed assessment reports indicates that for every 80-130 m that can be drilled in the Golden Triangle, the same expenditure would produce 150-210 m of drilling in other parts of the province. Similar trends are seen in surface geochemical and ground geophysical surveys, collectively comprising the bulk of methods typically used to make mineral discoveries. Exploration companies interested in BC may want to weigh the cost of exploring certain parts of the province against the potential, and recognize that areas outside the Golden Triangle offer better prospects for lower cost exploration work.
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