Page 69 - Introduction to Mineral Exploration
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52   C.J. MOON & M.K.G. WHATELEY
                                                          4




                                   Reconnaissance

                                         Exploration




                       Charles J. Moon and Michael K.G. Whateley








                  Exploration can be divided into a number of in-  phases cover the stages leading to the selection
                  terlinked and sequential stages which involve  of an area for detailed ground work; this is usu-
                  increasing expenditure and decreasing risk (Fig.  ally the point at which land is acquired. The
                  4.1). The terminology used to describe these  planning stage covers the selection of commod-
                  stages is highly varied. The widely accepted  ity, type of deposit, exploration methods, and
                  terms used for the early stages of exploration  the setting up of an exploration organization.
                  are planning and reconnaissance phases. These  The process of selecting drill targets within




                             Key decision node                     Feasibility
                                                                     Study         Mine
                    EXPENDITURE – LOGARITHMIC SCALE  Regional  Selection  Prefeasibility  production
                             Rate of expenditure


                                                                                 initiation
                                                            Study
                              HIGH RISK

                                            Area

                                                              DECREASING
                           Selection




                                        Reconn-                  RISK                          Decommiss-
                      Conceptual  Detailed      Target  Exploration Assessment  Mine
                                        aissance                                    Mining     ioning and
                       planning  planning      appraisal  drilling  drilling  develop.
                                       exploration                                            rehabilitation
                       Literature  Literature  sensing,  Geochem,  metallurgical  Test mining  Production
                                        Remote
                                                         Pilot
                    ACTIVITY   field visit  geochem,  geophysics,  studies  metallurgical  overburden
                        review
                                                                         shaft,
                                                                 and
                                review
                                                ground
                                        regional
                                                                        decline or
                                               mapping,
                                                                studies
                                        airborne
                                       geophysics  surveying            removal
                  FIG. 4.1 Stages of an exploration project. (Modified from Eimon 1988.)
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