Mining data released for resource rich Richmond
Published Monday, 12 November, 2007 at 03:25 PM
Minister for Mines and Energy
The Honourable Geoff Wilson
Planes have flown over 40,000 kilometres of potentially rich mineral deposits around Richmond to provide new data prospective explorers in north west Queensland.
Mines and Energy Minister Geoff Wilson said it was the fourth geophysical survey in the Mount Isa region under the State Government’s four-year $20 million Smart Exploration program, which began in 2005/06.
“Explorers will be able to use this data to discover any untapped mineral potential in the resource-rich region,” Mr Wilson said.
“They can also draw on other information such as seismic and gravity data, geological maps and drill hole information to better target prospective areas,” Mr Wilson said.
“It helps narrow their search to areas that are considered more prospective for minerals.
“The new data will not only help reduce costs for explorers, it will lessen the uncertainty involved in exploration,” he said.
The Minister said his Department’s Geological Survey of Queensland was also gathering data from three other airborne surveys in the region, including around Croydon and Westmoreland.
“The data from these surveys is expected to be released to explorers later this year,” Mr Wilson said.
“Once released, the picture will be complete, and all of this combined data will help stimulate even more mineral exploration activity in the North West Mineral Province.
“It’s a world class mineral province with great potential for further discoveries.
Member for Mount Isa, Betty Kiernan, said the North West Mineral Province represented the economic future of the region.
“Mining has been the lifeblood of Mount Isa. All this exciting new data will help find the mineral resources that will bring jobs and job security to the region,” Mrs Kiernan said.
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