Victoria IMARC 2016 Speaker's notes UNCLASSIFIED WHY VICTORIA FOR - - PowerPoint PPT Presentation

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Victoria IMARC 2016 Speaker's notes UNCLASSIFIED WHY VICTORIA FOR - - PowerPoint PPT Presentation

Victoria IMARC 2016 Speaker's notes UNCLASSIFIED WHY VICTORIA FOR MINING Victoria is the biggest exporter of mining equipment, technology and services (METS) in Australia ~1900 hundred METS businesses across Victoria employing


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Victoria

IMARC 2016

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  • Victoria is the biggest exporter of mining equipment, technology and services (METS) in

Australia › ~1900 hundred METS businesses across Victoria employing 21,000 Victorians › Investment advice and financing, research and design, legal services, consulting, information and communications technology, engineering and construction › Melbourne is the financial and decision making hub for Australian mining, >100 mining and resources companies headquartered in Melbourne’s CBD

  • The Victorian Government’s approach is to target prospective geological provinces at the pre-

competitive stage and undertake a coordinated set of activities to reduce exploration risk, encourage investment and build community confidence: › Build the geoscience understanding › Understand the natural resource and land use of the region › Engage local communities early › Develop enduring relationships with quality investors

WHY VICTORIA FOR MINING

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  • Geological framework/systems approach

› A more predictive approach for mineral exploration targeting › Tectonic and geodynamic setting (i.e. the geological configuration of eastern Australia)

  • Gold

› Demonstrated world-class gold destination › Recent discoveries under cover (~50m) › No gold royalty

KEY COMMODITIES

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1. Base Metals 2. Nickel-PGE’s 3. Copper-Base Metals-Gold 4. Gold 5. Gold-Antinomy

  • 6. Gold-Base Metals
  • 7. Tin-Tantalum
  • 8. Gold-Base Metals
  • 9. Gold-Base Metals
  • 10. Base Metals

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  • Geological framework/systems approach

› A more predictive approach for mineral exploration targeting › Tectonic and geodynamic setting (i.e. the geological configuration of eastern Australia)

  • Gold

› Demonstrated world-class gold destination › Recent discoveries under cover (~50m) › No gold royalty

KEY COMMODITIES

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THE STAVELY MINERALS EXPLORATION INITIATIVE INVESTMENT OPPORTUNITIES

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  • Early stage mineral exploration with long term

investment opportunities

  • An Australian greenfields copper opportunity

› Demonstrated porphyry and volcanic massive sulphide mineralisation › 20,000km2 project area

  • Excellent infrastructure (road, rail, port)

THE STAVELY MINERALS EXPLORATION INITIATIVE

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ESTABLISHING THE GEOLOGICAL ARCHITECTURE

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Schofield et al, in prep  Speaker's notes

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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  • Pre-Competitive Geoscience

› 2,708m stratigraphic core drilling › 2015-2016: Data releases (9) › Early 2017: Final reports (3)

  • TARGET Minerals Exploration Initiative

› Government co-funded mineral exploration program › $12M in mineral exploration grants available – multiple rounds › Round 1: c.$2M in grants issued

  • Building community confidence in minerals exploration

and development › Briefings › Land Use Inventory

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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  • Pre-Competitive Geoscience

› 2,708m stratigraphic core drilling › 2015-2016: Data releases (9) › Early 2017: Final reports (3)

  • TARGET Minerals Exploration Initiative

› Government co-funded mineral exploration program › $12M in mineral exploration grants available – multiple rounds › Round 1: c.$2M in grants issued

  • Building community confidence in minerals exploration

and development › Briefings › Land Use Inventory

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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  • Pre-Competitive Geoscience

› 2,708m stratigraphic core drilling › 2015-2016: Data releases (9) › Early 2017: Final reports (3)

  • TARGET Minerals Exploration Initiative

› Government co-funded mineral exploration program › $12M in mineral exploration grants available – multiple rounds › Round 1: c.$2M in grants issued

  • Building community confidence in minerals exploration

and development › Briefings › Land Use Inventory

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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  • Pre-Competitive Geoscience

› 2,708m stratigraphic core drilling › 2015-2016: Data releases (9) › Early 2017: Final reports (3)

  • TARGET Minerals Exploration Initiative

› Government co-funded mineral exploration program › $12M in mineral exploration grants available – multiple rounds › Round 1: c.$2M in grants issued

  • Building community confidence in minerals exploration

and development › Briefings › Land Use Inventory

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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  • The Stavely Project area: 20,000 km2

› 61% is currently held by the State, with the plan to release › 23% is currently held under licence › 13% is unavailable, and › 3% available (but unprospective)

  • S7 Exemption (MRSDA 1990)

› Attract companies with demonstrated social values, active/proven explorers, well funded › Planned land release 2017

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THE STAVELY MINERALS EXPLORATION INITIATIVE

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MINERALISATION AND HYDROTHERMAL ALTERATION

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Corbett, 2012

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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Bunnagal/Dimboola Belts Boonawah/Black Range Belts Stavely/Dryden Belts

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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PROSPECTIVITY – UNPACKING THE VOLCANIC BELTS

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Bunnagal/Dimboola Belts: 382km Boonawah/Black Range Belts: 235km Stavely/Dryden Belts: 542km

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THANK YOU

Fiona Clarke Manager – Resource Strategy and Industry Investment Minerals Development Victoria Fiona.Clarke@ecodev.vic.gov.au P: (+61 3) 9452 9871 Cameron Cairns Manager – Minerals Geoscience Geological Survey of Victoria Cameron.Cairns@ecodev.vic.gov.au P: (+61 3) 9452 8972

PLEASE SEE US AT OUR BOOTH

 Speaker's notes