Founder & Principal @ McClintock Group | Enhancing Mineral Projects, Advocating for Shareholders
🏔 Mineral Exploration Insights: Rules for Success! Dave Lowell, regarded as one of the most accomplished "#Explorationists" of our modern era, is known for leading some of the greatest discoveries of the last century including #Escondida. According to a Mining.com article, here are Lowell's nine key rules for exploration: 1. Ore Definition: Ore is a rock that can be mined at a profit. 2. Field Discovery: Mines are found in the field, not in the office. 3. Drilling Necessity: Drilling is essential for finding mines. 4. Cost-effective Exploration: Choose cost-effective methods; precision isn't always necessary. 5. Geological Mapping: High-tech tools are less effective compared to geological mapping. 6. Comprehensive Understanding: Knowledge of mining engineering, metallurgy, mine finance, and mineral economics is crucial. 7. Accepting Low Success Rates: Exploration has low success rates; persistence is key. 8. Risk Management: Exploration involves various risks, including political and financial. 9. Independence in Planning: Freedom in planning exploration projects is vital. For more detailed insights into each of these rules, you can refer to the full article here. https://lnkd.in/gjQCZTfj #McClintockGroup #Explor #MineralExploration #Mining #JuniorMining #CriticalMinerals #Strategy
Aussie Mining Professional | Unlocking YOUR potential as a Mining/Minerals Industry Professional by transforming your English communication skills
9moA simple outline on a complexxxxx process! It’s nice to have the framework shown so simply and clearly.