goldfields exploration rob taylor, gm exploration exploration strategy in an evolving company the...
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![Page 1: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/1.jpg)
GOLDFIELDS EXPLORATION
Rob Taylor, GM Exploration
Exploration Strategy in an Evolving CompanyExploration Strategy in an Evolving CompanyThe Goldfields ExperienceThe Goldfields Experience
![Page 2: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/2.jpg)
GOLDFIELDS EXPLORATION
Exploration
And God help you if you get it wrong!
Explore in the Bust to Produce in the Boom...
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GOLDFIELDS EXPLORATION
Kundana
M16/157
KUNDANA MINE LEASES
Pope John
Moonbeam
Charlie
Romeo
Juliet
BarkersPit Strezelecki
Pit
South LodePit
Fault
MineralisedStructure
Prospect
ResourceN
1 kilometre
![Page 4: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/4.jpg)
GOLDFIELDS EXPLORATION
Raleigh
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GOLDFIELDS EXPLORATION
Raleigh Stage 1 Pit Looking North
Raleigh VeinGabbro Volcanics
Paleochannel sands and alluvial fans
Alluvial Fans
Silcrete
Approx.Paleochannel
Limit
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GOLDFIELDS EXPLORATION
Goldfields Share Price 1995 - 2001
0
0.5
1
1.5
2
2.5
3
3.5
4
4.5
3/0
7/9
5
3/1
0/9
5
3/0
1/9
6
3/0
4/9
6
3/0
7/9
6
3/1
0/9
6
3/0
1/9
7
3/0
4/9
7
3/0
7/9
7
3/1
0/9
7
3/0
1/9
8
3/0
4/9
8
3/0
7/9
8
3/1
0/9
8
3/0
1/9
9
3/0
4/9
9
3/0
7/9
9
3/1
0/9
9
3/0
1/0
0
3/0
4/0
0
3/0
7/0
0
3/1
0/0
0
3/0
1/0
1
3/0
4/0
1
Date
Aus
tral
ian
Dol
lars
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GOLDFIELDS EXPLORATION
Goldfields - major changes since 1997
• Collapse of parent RGC; merger with Westralia Sands
• Takeover threats
• Heavy demand on cash
• Takeover of Gilt Edged Mining NL
• Major drought at Porgera
• Short mine lives at Henty, Paddington and Kundana
• Internal restructuring and cuts
• Separation of Goldfields
![Page 8: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/8.jpg)
GOLDFIELDS EXPLORATION
Goldfields Exploration is expected:
• to discover economic mineralisation
• under attractive financial conditions
• in an area conducive to development
![Page 9: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/9.jpg)
GOLDFIELDS EXPLORATION
Objectives for Goldfields Exploration
• Significantly increase resources at the Paddington,
Kundana and Henty mines
• New stand-alone deposits for growth
![Page 10: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/10.jpg)
GOLDFIELDS EXPLORATION
The Exploration Pyramid
DISCOVERYDISCOVERY
FEASIBILITYFEASIBILITY
RESOURCE DEFINITIONRESOURCE DEFINITION
ID MINERALIZATIONID MINERALIZATION
ANOMALY TESTINGANOMALY TESTING
ANOMALY GENERATIONANOMALY GENERATION
PRE - FEASIBILITYPRE - FEASIBILITY
ENTRY/ENTRY/
DEVELOPMENTDEVELOPMENT
PROPERTY ACQUISITIONPROPERTY ACQUISITION
INP
UT
INP
UT
GENERATIVE INPUTGENERATIVE INPUT
ENTRY BARRIERENTRY BARRIER
FAIL
UR
E
FAIL
UR
E
![Page 11: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/11.jpg)
GOLDFIELDS EXPLORATION
The Exploration Pyramid 1997
DISCOVERYDISCOVERY
FEASIBILITYFEASIBILITY
RESOURCE DEFINITIONRESOURCE DEFINITION
ID MINERALIZATIONID MINERALIZATION
ANOMALY TESTINGANOMALY TESTING
ANOMALY GENERATIONANOMALY GENERATION
PRE - FEASIBILITYPRE - FEASIBILITY
ENTRY/ENTRY/
DEVELOPMENTDEVELOPMENT
PROPERTY ACQUISITIONPROPERTY ACQUISITION
Old PloughOld PloughDamDam
MoriartyMoriartyMungariMungariKurrawangKurrawang
LeilaniLeilani
AphroditeAphrodite
BTZBTZ LTZLTZ
NorthlanderNorthlanderBonnievaleBonnievale
AnthonyAnthonySouth HentySouth Henty
Z15Z15
MountMountJuliaJulia
![Page 12: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/12.jpg)
GOLDFIELDS EXPLORATION
Changing Economic Conditions
• BreEx fraud - gold price collapse - Asian crisis
• Continued squeeze on gold - cash is king
• Dose of realism
• Rush into dot com(ic)
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GOLDFIELDS EXPLORATION
Goldfields Exploration Strategy
• Identify highly prospective districts
• Aggressively explore
• Acquire the ground
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GOLDFIELDS EXPLORATION
Where Are We Now?
DISCOVERYDISCOVERY
FEASIBILITYFEASIBILITY
RESOURCE DEFINITIONRESOURCE DEFINITION
ID MINERALIZATIONID MINERALIZATION
ANOMALY TESTINGANOMALY TESTING
ANOMALY GENERATIONANOMALY GENERATION
PRE - FEASIBILITYPRE - FEASIBILITY
ENTRY/ENTRY/
Castle Hill, RayjaxCastle Hill, Rayjax
DEVELOPMENTDEVELOPMENT
Zuleika (general)Zuleika (general)
PROPERTY ACQUISITIONPROPERTY ACQUISITION
ParadigmParadigm
AphroditeAphrodite
CharlieCharlieValhallaValhalla
BTZ ScotiaBTZ ScotiaTemoraTemora
TasmaniaTasmania
MinaraMinara
RaleighRaleigh
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GOLDFIELDS EXPLORATION
Bardoc Tectonic Zone - June 1997
KALGOORLIE
PADDINGTONPADDINGTON
00 1010 2020
kilometreskilometres
NN
KUNDANAKUNDANA
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
Wendy GullyWendy Gully
PangloPanglo
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GOLDFIELDS EXPLORATION
Bardoc Tectonic Zone - June 1999
KALGOORLIE
PADDINGTONPADDINGTON
00 1010 2020
kilometreskilometres
NN
KUNDANAKUNDANA
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
Broad ArrowBroad Arrow
AphroditeAphrodite
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GOLDFIELDS EXPLORATION
Bardoc Tectonic Zone - March 2001
KALGOORLIE
PADDINGTONPADDINGTON
00 1010 2020
kilometreskilometres
NN
KUNDANAKUNDANA
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
Golden CitiesGolden Cities
SiberiaSiberia
AphroditeAphrodite
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GOLDFIELDS EXPLORATION
Sill Zone
Zone 96
Intermediate Zone
Mount Julia
Henty ShaftHenty Shaft
Gold PlantGold Plantand Officesand Offices
Henty Mine, Western TasmaniaLongitudinal Projection - 1997
MJ02032.3m at 7.0g/t Au
Area of mineralisation
NORTHSOUTH
metres
0 500
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GOLDFIELDS EXPLORATION
Sill Zone
Zone 96
Intermediate Zone
Zone 15
Tyndall Zone
Mount JuliaMount Julia South
Henty ShaftHenty Shaft
Gold PlantGold Plantand Officesand Offices
DeclineDecline
Henty Mine, Western TasmaniaLongitudinal Projection - 2001
NORTHSOUTH
Resource
0 500
metres
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GOLDFIELDS EXPLORATION
Zuleika - June 1997
KUNDANAKUNDANA
KALGOORLIE
PADDINGTONPADDINGTON
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
00 1010 2020
kilometreskilometres
NN
![Page 21: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/21.jpg)
GOLDFIELDS EXPLORATION
Zuleika - June 1999
KUNDANAKUNDANA
KALGOORLIE
PADDINGTONPADDINGTON
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
00 1010 2020
kilometreskilometres
NN
ParadigmParadigm
![Page 22: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/22.jpg)
GOLDFIELDS EXPLORATION
Zuleika - August 1999
KALGOORLIE
PADDINGTONPADDINGTON
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
00 1010 2020
kilometreskilometres
NN
KUNDANAKUNDANA
RomeoRomeo
![Page 23: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/23.jpg)
GOLDFIELDS EXPLORATION
Zuleika - June 2000
KALGOORLIE
PADDINGTONPADDINGTON
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
00 1010 2020
kilometreskilometres
NN
KUNDANAKUNDANA
WadiWadi
Mick AdamMick Adam
RayjaxRayjax
RomeoRomeo
![Page 24: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/24.jpg)
GOLDFIELDS EXPLORATION
Zuleika - March 2001
KUNDANAKUNDANA
KALGOORLIE
PADDINGTONPADDINGTON
KANOWNA BELLEKANOWNA BELLE
SUPER PITSUPER PIT
00 1010 2020
kilometreskilometres
NN
Catherwood,Catherwood,PremierPremier
RalieghRalieghABC Line, PegasusABC Line, PegasusRubicon, HornetRubicon, Hornet
WhiteWhiteFoilFoil
CuttersCuttersRidgeRidge
MoonbeamMoonbeam
![Page 25: GOLDFIELDS EXPLORATION Rob Taylor, GM Exploration Exploration Strategy in an Evolving Company The Goldfields Experience](https://reader035.vdocuments.site/reader035/viewer/2022070409/56649e845503460f94b85cc4/html5/thumbnails/25.jpg)
GOLDFIELDS EXPLORATION
Exploration