australia-china mineral exploration investment seminar 2011 australia-china mineral exploration...

Australia-China Mineral Exploration Investment Seminar 2011

Australia-China Mineral Exploration Investment 2011

Exploration and Mining Opportunities in Australia’s Northern Territory

Dorothy Close

Assistant Director

Northern Territory Geological Survey


Australia’s Northern Territory

Vast and underpopulatedVast and underpopulated• 13% of Australia with 1% of the population

Evolving infrastructureEvolving infrastructure• New port and bulk handling facility in Darwin -

Australia’s closest port to China

• North-south railway through NT

• Abundant natural gas with network of gas pipelines

Economic driverEconomic driver• Mining is the Territory’s largest industry

• Exploration is booming


Commitment to resource investment

Dedicated Chinese investment Dedicated Chinese investment attraction strategy since 2007attraction strategy since 2007

• 8 Ministerial visits to China

• 166 inbound trips to Darwin from Chinese groups

•~ ¥ I billion investment into NT exploration projects

•~ 26 000km2 of exploration tenure held by Chinese companies

• Strategic alliances with key Chinese organisations:

CDB, CGNPC, CCCMC, CMA, ECE


Commitment to resource investment

Northern Territory Investment Guide

• Overview of the requirements for investment in the resource sector within the Northern Territory

Northern Territory Investment Opportunities

• Information on Northern Territory exploration projects seeking investment

Information for Chinese investorsInformation for Chinese investors

Chinese website

• www.nt.gov.au/d/china


Commitment to realising potential

Investment in geoscienceInvestment in geoscience•Improving geoscientific datasets over greenfields areas

•Ensuring improved web delivery of information

•Information and data for free

•Partnering in greenfields exploration

Successful strategySuccessful strategy• Record exploration expenditure

• Record investment in greenfields exploration


Territory’s commodity strengths

World class mineral endowment World class mineral endowment

• 12 operating mines producing gold, uranium, bauxite, zircon, iron, manganese and lead-zinc

New depositsNew deposits• Gold – revitalised exploration in historical fields with

numerous projects approaching development

• Manganese – world leader in manganese production, current opportunities limited to greenfields exploration

• Pb-Zn - Myrtle Zn-Pb (43.6 Mt @ 4.1% Zn, 0.95% Pb)

• REEs – Nolan’s REE-P-U 30.3Mt @ 2.8% REO, 12.9% P2O5, 0.02% U3O8

Projects across the NT rich in HREE/LREE

• Zircon sands -Kilimiraka, SW Bathurst Island

56.2 Mt @ 1.6% heavy mineral (HM) for 893,700 t HM


Territory’s commodity strengths

Exploration Highlights - UraniumExploration Highlights - Uranium

Western Arnhem Land• Unconformity style• Hosts Ranger U mineCaramal: 11m @ 0.36% U3O8 from 18m

13m @ 0.31% U3O8 from 2m

20m @ 0.22 % U3O8 from 24m

Company: Alligator Energy

Narbalek areaBoomerang : 5m @ 0.16% U3O8

Clapstick : 12m @ 0.13% U3O8

Coopers : 23m @ 0.20% U3O8

U40 U-Cu-Au-PGE 6.8m @ 6.71% U3O8

4.8m @ 1.85 % U3O8

7.3m @ 1.68% Cu 3.1m @ 6.89g/t Au 2.6m @ 1.57g/t Pd,

0.96g/t PtCompany: Uranium Equities

Pine Creek Orogen•Numerous new, locally high-grade uranium prospects Thunderball: 11m @ 3.4% U3O8 incl.

4.6m @ 8.0% U3O8 15m @ 1.5% U3O8 incl.

1m @ 20.3% U3O8

Goldeneye:3m @ 0.28% U3O8

Company: Thundelarra Exploration

Ngalia Basin• Sandstone-hosted and newly discovered palaeochannel• Hosts 21 Mlb uranium resource at Bigrlyi (owned by CGNC) • Afghan Swan: 7m @ 0.14% U3O8 extensive palaeochannel system – mineralisation over 15 km length



Territory’s emerging commodities

Exploration Highlights - CopperExploration Highlights - Copper

Tennant Creek• Cu-Fe-Bi, Cu-AuNew copper discoveries generated through HeliTEM surveyMonitor - 27m @ 1.75% Cu including 6m @ 3.53% Cu, 13.7% Fe and 847ppm Bi Goanna - 21m @ 2.63% Cu including 7m @ 4.96% Cu

Company: Emmerson Resources Ltd

Rover 1 - 6.8Mt @ 1.7g/t Au, 1.2% Cu, 0.1% Co, 0.1% Bi, 2.1g/t Ag

Planning exploration decline and bankable feasibility study

Company: Westgold Resources Ltd

Pine Creek Orogen• New discoveriesAllamber: 7m @ 9.7% Cu (15m @

610ppm U3O8)


Arunta Region• Range of mineralisation styles• Major new copper-silver-gold project at Jervois (8.8 Mt @ 1.3% Cu, 27 g/t Ag)Company: Kentor Gold

• Basil Cu-Co Contuining promising exploration

Company: Mithril Resources



Exploration Highlights – Phosphate, Iron oreExploration Highlights – Phosphate, Iron ore

Roper Iron Field• Oolitic ironstone (hematite)• High tonnage, moderate grade

Roper River projectMaiden resource – 107 Mt @ 47% FeFlat-lying, 4-6m thick ironstone unit

Beneficiated product: 60-62% Fe; <0.1% P; 2.0-2.5% Al and <6-7% SiO2

Company: Sherwin Iron Ltd

Roper Bar projectTotal resource: 312 Mt @ 40% FeArea F (East): 20 Mt @ 48% Fe incl 9.8 Mt @ 58.3% FeArea E (East): 14.1Mt @ 49.5% Fe incl 4.7 Mt @ 55.6% Fe

Company: Western Desert Resources Ltd

Georgina Basin• Australia’s premier phosphate province• Hosts Wonarah deposit - 620 Mt @ 18% P2O5 incl. 66 Mt @ 28% P2O5

Ammaroo

New discovery of near-surface high-grade phosphate, locally > 30% P2O5

Maiden Resource: 52 Mt @ 18% P2O5

80 km from railway

Company: Rum Jungle Resources



Exploration Highlights – Tungsten-Molybdenum,Exploration Highlights – Tungsten-Molybdenum,

Vanadium-TitaniumVanadium-Titanium

Molyhil W-Mo project

•3.75 Mt @ 0.32% WO3, 0.19% MoS2, 28% Fe

•Scheelite-molybdenite-magnetite skarn

•2007 Definitive Feasibility Study being revised, drilling program underway to increase size and confidence of resource

Company: Thor Mining PLC

Mount Peake V-Ti-Fe project•139 Mt @ 0.3% V2O5 , 5.3% TiO2, 24% Fe•Concentrate: >1.2% V205, 18% Ti02, 55% Fe

• Potential production of V205, FeV, Fe2O3 and TiO2 through patented hydrometallurgical technique

• LOI signed with major Chinese company (ECE) for investment and development

Company: TNG Ltd


• Expanding resources sector with the closest port to China

• World class endowment of uranium, lead-zinc, gold, manganese, bauxite, and phosphate

• Numerous deposits and exploration potential for copper, rare earths, vanadium, tungsten, iron and more.

• Supportive government, world-class geoscience data available for free

• New discoveries are being made

Australia’s Northern Territory


For more information

Please contact us:

Dorothy CloseAsst. Director Northern Territory Geological SurveyPh: +61 8 8999 5389

Email: [email protected]

Adam CunneenDirector Resource Trade DevelopmentPh: +61 8 8999 1385

Email: [email protected]

australia-china mineral exploration investment seminar 2011 australia-china mineral exploration...

Documents

investment information

exploration tenure

greenfields exploration

potential investment

nt exploration projects

greenfields exploration

u40 ucu

heavy mineral hm