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Exploring for the Future: a new initiative to unlock Northern Australia’s minerals, energy & groundwater resources Richard Blewett

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Page 1: Exploring for the Future: A new initiative to unlock ... · Exploring for the Future: A new initiative to unlock Northern Australia s minerals, energy & groundwater resources Keywords

Exploring for the Future: a new initiative to unlock Northern Australia’s minerals, energy & groundwater resources

Richard Blewett

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Exploring for the Future:

A new initiative to unlock Northern Australia’s minerals, energy & groundwater resources

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How do you double your company’s value?

Exploring for the Future Programme – AGES 2017

Geographical frontier

Knowledgefrontier

Do same things in same

space

Do NEW things in same

space

Do NEW things in NEW

space

Do same things in NEW

space

John Vann (Anglo American)

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Exploring for the Future Programme – AGES 2017

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Minerals: Value PropositionSources: MinEx Consulting & ABS

Exploring for the Future Programme – AGES 2017

Long-term divergence

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Exploring for the Future

• A major new investment in pre-competitivegeoscience from the Minister for Resources and Northern Australia

• Federal Budget measure $100.5 million over 4 years (2016/17 to 2020/21 FY)

• Comprises three integrated elements:

• Minerals

• Energy

• Groundwater

Exploring for the Future Programme – AGES 2017

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Aim and approach

• Aim is to increase the attractiveness for exploration investment by technically de-risking key underexplored greenfield regions in northern Australia

• A prospectus to inform the integrated assessment of mineral, energy and groundwater resource potential based on:

• New pre-competitive data acquisition, analysis and interpretation;

• Novel regional studies addressing specific prospectivity questions.

• Undertaken by Geoscience Australia in collaboration with State/Northern Territory government agencies

• Land access approvals will be obtained before any boots on the ground

Exploring for the Future Programme – AGES 2017

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Background to the Minerals Exploring for the Future program

Exploring for the Future Programme – AGES 2017

+ 16 Very

High & High Priorities

2012 National MineralExploration Strategy

2010 UNCOVERInitiative

2015 AMIRA Industry Roadmap

2016 Exploring for the Future minerals program

Further information: • www.uncoverminerals.org.au• www.coagenergycouncil.gov.au• www.uncoverminerals.org.au/documents/amira-uncover-roadmap• https://industry.gov.au/resource/Programs/Pages/Exploring-for-the-Future.aspx

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Northern Australia: Where is it?

Approximately 40% of Australia’s land area. Plus parts of South Australia

Exploring for the Future Programme – AGES 2017

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Northern Australia-wide activities

New 3D geological maps

New & better isotopic maps

Airborne electromagnetics20 km spacing, 175,000 line km (AusAEM)

Magnetotelluric sites every ~55 km (AusLAMP)

Exploring for the Future Programme – AGES 2017

4th D

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Why the TISA focus in this area?

Exploring for the Future Programme – AGES 2017

National Geochemical Survey of Australia

• Generally poor geological understanding, especially undercover

• Between two great mineral provinces (TC and Isa)

• High potential for minerals (esp. Cu, Pb, Zn, U, Au)

• Unexplored energy potential

• Agricultural and remote area groundwater demands

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Soil geochemistry for baseline and distal footprints

Exploring for the Future Programme – AGES 2017

• >700 samples spaced ~20 km

• Sample prep contract with Centre for Appropriate Technologies in Alice Springs

• Start May

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Hydro-geochemistry for baseline and distal footprints

Exploring for the Future Programme – AGES 2017

• Sampling water bores for hydro-geochemistry

• Distal footprints mineral exploration

• Baseline enviro data• Start May

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AusARRAY passive seismic for cover thickness and deep structure

Exploring for the Future Programme – AGES 2017

• Moving array of ~120 seismometers for 12 months at each site

• Complementary to AusLAMP MT

• ~$2.5M of capital equipment ordered

• Start deployment in June

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Why AusLAMP and AusARRAY?

Exploring for the Future Programme – AGES 2017

Olympic Dam

Isosurface of seismic velocity (Vsv)

Magneto-telluric data:cross section of 3D model

conductive

620 km

Electrical and seismic velocity structure of the lithospheric mantle of the Gawler Craton

From Skirrow 2016 (IGC, Aug 2016); 3D model by Simon van der Wielen, GSSAMagneto-telluric data from Thiel & Heinson (2013)

Isosurface of seismic velocity (Vsv) derived from the AusREM model (mantle component) of Kennett et al. (2013)

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AusGrav: Gravity infill

Exploring for the Future Programme – AGES 2017

• Start in April/May• Better constraints on basin shapes in

area of low density gravity

Black areas > 4 km spaced data

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Towards 3D: Solid Geology by time – cover thickness

Exploring for the Future Programme – AGES 2017

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Towards 3D: Solid Geology by time – Pre-Cenozoic

Exploring for the Future Programme – AGES 2017

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Towards 3D: Solid Geology by time – Pre-Mesozoic

Exploring for the Future Programme – AGES 2017

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Towards 3D: Solid Geology by time – Pre-Palaeozoic

Exploring for the Future Programme – AGES 2017

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Towards 3D: integration with regional models

Exploring for the Future Programme – AGES 2017

NTGS Macarthur Basin 3D model

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Deep seismic in South Nicolson

Exploring for the Future Programme – AGES 2017

• Funded by Energy theme with NTGS, GSQ, and AuScope co-investment

• >1000 km-long deep seismic reflection profiles (start this FY)

• To be followed up by regional field work and stratigraphic drilling (18-19)

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Future Activities – Drilling the ultimate test

Exploring for the Future Programme – AGES 2017

Mineral Potential

Geology

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Exploration decision-support and analytical system: MinEx Virtual Laboratory

Exploring for the Future Programme – AGES 2017

Imagine an easy to use and inexpensive system with access:

• to all geoscience data through web services

• choice of codes

• workflow libraries

• cloud supercompute

• MinEx ecosystem for innovation and METS businesses

Virtual Exploration Laboratory

Build “science” from existing

libraries

Run jobCollect and

publish results

Select spatial bounds

Discover raw data

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In summary:

• Exciting programme of unprecedented scale, scope and skills

• These new data will revolutionise our understanding of northern Australia’s geology.

• Short-term success – deliver the programme (new insights and new jobs)

• Medium-term success – change industry behaviour and attract significant new exploration investment

• Long-term success – new-ways-in-new-places exploration leads to new Tier 1 discovery that creates inter-generational wealth for all Australians

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For more informationPlease visit our booth

Or email us

Web: www.ga.gov.au/eftfEmail: [email protected]: Cnr Jerrabomberra Avenue and Hindmarsh Drive, Symonston ACT 2609Postal Address: GPO Box 378, Canberra ACT 2601