The document outlines the key stages of mining exploration and prospecting. Prospecting uses direct methods like visual examination of rock exposures and indirect geophysical/geochemical techniques to locate potential mineral deposits. Exploration utilizes more advanced tools like drilling and geochemical analysis to determine the size and grade of identified deposits. Samples are analyzed and feasibility studies conducted to assess mining viability based on factors like reserves, costs, environment, and demand. If viable, projects then progress to the development and exploitation stages of mining.