After emerging from the resources wilderness thanks to its world-class geology and industry-friendly government policies, South Australia is now a leader in Australian mining and hydrocarbon developments over the last decade.
In little more than a decade the State has gone from four operating mines to more than 20 and is rated Australia’s second most popular exploration destination.
With a comprehensive review of the Mining Act under way, the State’s attractiveness as a place for resources and energy investment is expected to be strengthened.
South Australia is now a leader in the exploration for next generation energy sources with companies such as Santos and BP leading the charge, while initiatives such as the Government’s Copper Strategy – designed to treble annual copper production to 1 mtpa – is set to establish the State as one of the world’s premier producers of the red metal.
In the energy space, uranium and nuclear energy is another area of keen interest, with the South Australian Government initiating a Royal Commission into Participation in the Nuclear Fuel Cycle in 2016.
The State has become synonymous with innovation, cutting-edge development and a remarkable rate of discovery. From uranium prospects, to geothermal energy and the buoyant hydrocarbons sector, South Australia is now a leader in the exploration for next generation energy sources.
With full support from the Department of State Development, the South Australian Resources and Energy Investment Conference will continue to showcase this burgeoning sector in 2017. From copper plays in the Gawler Craton, to iron ore and graphite developments on the Eyre Peninsula and the emergence of the State as a new hydrocarbon frontier, South Australia’s resources potential is at last being fully recognised.
The conference will feature the success stories and emerging players in the State from both minerals and oil and gas and will also tackle thorny industry issues such as infrastructure, corporate social responsibility and the future of the Woomera Prohibited Area.
2. PACE COLLABORATIVE DRILLING
SA Government Funding For Exploration Drilling
Why?
• Increase exploration drilling metreage
• Development and testing of exploration
concepts
• Assist exploration through sediment and
regolith cover
• Improve exploration relevant information base
for SA
• Improve perceptions of prospectivity
• Accelerate discovery - drilling is the key to
discovery
3. PACE COLLABORATIVE DRILLING
The Program
• Total collaborative drilling budget $1.7 m per year for 5
years from 2004–5 to 2008–9
• Funding for up to 50% of total drilling costs but not
other project costs
• Projects assessed against geological and economic
criteria
• Projects managed by proponents in consultation
with PIRSA.
• Early release of results encouraged – maximum
3 months confidentiality after completion subject to
ASX requirements
• Guidelines and Assessment criteria on
PIRSA Minerals Website
4. PACE COLLABORATIVE DRILLING
Year 1 Program
• Call for Year 1 proposals and
announcement of approved
proposals July – September 2004
• 28 Year 1 Projects approved for
completion by June 2005
• Results available for 5 Year 1
Projects
• Completion slower than expected
due to Land Access and
Operational difficulties particularly
availability of drilling rigs
• In future possible ‘Bundling’ of
project metres to attract more
drilling rigs to SA
5. • Call for Year 2 proposals and
announcement of approved
proposals February – April 2005
• Total 42 Year 2 Projects
approved
• 11 Year 2 drill ready Projects
approved for ‘fast track’
completion by June 2005
• 31 Year 2 Projects approved for
completion by June 2006
PACE COLLABORATIVE DRILLING
Year 2 Program
6. Tasman Resources NL
Olympic Sub Domain – Gawler Craton
• DPY1 – 02 Titan Prospect
Hole finished in Pandurra Fmn at
800m
• DPY1 – 03 Marathon South
> 270m haematite-sericite-silica-
carbonate altered breccia
Sporadic anomalous Cu and Au
but part of large hydrothermal
system?
8. Mithril Resources
Harris Greenstone Belt – Gawler Craton
• Map with DPY1- 10
• DPY1 – 10 Talia Hill
• Shallow aircore drilling of
weathered komatiite
• Broad zone of elevated Ni,
Co, Fe
• Large footprint geochemical
anomaly in regolith
• Shallow drilling may be part
of viable exploration strategy
for Ni sulphide in region
9. • Cross Section with 1500 and 3500 ppm Ni Contours
• Courtesy of Mithril Resources
6590900mE
6591000mE
150 mN
6591000mE
6590900mE
50 mN
6590700mE
6590800mE
150 mN
6590700mE
6590800mE
50 mN
TH
R
C
029
TH
R
C
030
TH
R
C033
TH
R
C
032
THR
C
031
3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni3500 ppm Ni
Harris Komatiite
felsic rocks
felsic rocks
Mullina Prospect, Line 7800 mE
1 : 1000
NO VERTICAL EXAGGERATION
1500 ppm and 3500 ppm Nickel contours
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TALIA JOINT VENTURE E.L. 2842, South Australia
11. Adelaide Resources
Gemini Prospect – Mt Woods Inlier
• DPY! – 13 Gemini Prospect
• 2 holes to basement ` 200 m
• GRV? Rhyolite and Basalt
• Extensive haematite
alteration, calcite and fluorite
veins
• Elevated rare earths
• HyLogger – muscovite and
phengite spectra at base of
1 hole
12. Scope = TSA_A Mineral1{0:45}; 585 points; Aux: TSA_A Mineral1
Depth
Count
224 255.505 287.01 318.516 350.021
07.51522.530
Aux
0
4.5
9
13.5
18
22.5
27
31.5
36
40.5
45
NULL
Scope = TSA_A Group1 : Al(OH)-1; 352 points; Aux: TSA_A Mineral1
Depth
Count
224 255.505 287.01 318.516 350.021
07.51522.530
Aux
Il l ite
Mus covi te
Phengite
Montmoril l oni te
NULL
Scope = TSA_A Group1 : Carbonate; 33 points; Aux: TSA_A Mineral1
Depth
Count
224 255.505 287.01 318.516 350.021
01.252.53.755
Aux
Cal cite
Dol omi te
Ankeri te
Magnesi te
Si deri te
NULL
GEMRC2
Mg Clays (derived from weathering
Mg basement?)
Montmorillonite and phengite
Al(OH) micas
Phengite/SericiteEpidote
Siderite dominant Carbonate
Montmorillonite and phengite
Al(OH) micas
Phengite/Sericite
13. Minotaur Resources
Mt Woods Inlier – Groundwater
• DPY1 – 47
• 2 Holes encountered good
flows of water from Permian
sand and gravel
• Permian sediments are
potential source of water for
Prominent Hill development
14. PACE Drilling Year 1 and 2
Target Deposit Styles
• Iron Oxide Copper Gold 27
• Ni/PGE 14
• Gold Vein/Lode 7
• Cu/Au Other Styles 7
• Pb-Zn-Ag Broken Hill Type 3
• Pb-Zn-Ag Stratiform-Stratabound 3
• Uranium 3
• Heavy Mineral Sands 3
• Geothermal Energy 3
• Opal 2
• Volcanic Hosted Massive Sulphides 2
• Diamonds 2
• Groundwater 1
15. PACE Drilling Year 1 and 2
Target Regions
• Gawler Craton 36
• Curnamona Province 14
• Musgrave Province 4
• Stuart Shelf, Adelaide Geosyncline, Kanmantoo 8
Province (Kanmantoo Trough, Murray Basin Basement)
• Eucla Basin 3
• Opal Fields – Eromanga Basin 2
16. Deposit Styles – Opportunities
• Vein/lode gold
Archaean, Palaeo-, Meso-
and Neoproterozoic, Palaeozoic
• Uranium
– Sediment Hosted
– Hard rock Hosted
• Copper stratiform/stratabound
eg New models for Zambian
Copperbelt style AMIRA P544
• Pb-Zn-Ag
Stratiform/Stratabound/BHT
Late Palaeoproterozoic
metasediments
• Iron Ore
17. Regions and Events – Opportunities
• Gawler Craton for other rock
units and styles
• Stuart Shelf, Adelaide
Geosyncline, Kanmantoo
Province
• Delamerian Orogeny
~ 500 Ma
• ~440 Ma Thermal Event
eg Mt Painter?, Burra copper?