Unlocking the Secrets of Geochemistry in Mineral Exploration (Guest, Andrew Paterson)

Rock Talk: Mining Demystified

In this interview, Andrew Paterson, Managing Director at Great Boulder Resources, gives us an overview of geochemistry 101.

Here's what you will learn:

• Andrew's background and early career in Mining
• An overview of Great Boulder Resources
• An introductory look at geochemistry.
• What is it, how is it used, how are samples collected?

About Great Boulder Resources

This interview with Andrew Paterson was recorded on August 7, 2024.

Great Boulder is a mineral exploration with high-quality gold and base metals in Western Australia.

With a primary focus on definition of the company-making Mulga Bill deposit at Side Well, the Company is also exploring for gold at Whiteheads near Kalgoorlie and for zinc and lead at the Wellington project in the Earaheedy Basin.

Great Boulder trades on the ASX under the ticker GBR.

Links and Resources from this Episode

1. YouTube Interview with Andrew
2. Great Boulder's website
3. Great Boulder on LinkedIn
4. Great Boulder is listed on the ASX under ticker GBR
5. Great Boulder's 3D VRIFY presentation.

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Jargon in Today's Episode

• Intrusive related system: A type of mineral deposit formed from molten rock that pushed into existing rock layers.
• Alluvial cover: Loose material, like sand or gravel, deposited by rivers or other flowing water on top of solid rock, often hiding minerals below.
• Regolith: The layer of loose, weathered material covering solid rock, important in exploration to understand what’s above the target mineral.
• RC (Reverse Circulation) drilling: A method of drilling that uses air to blow rock chips from deep underground to the surface, commonly used in mineral exploration.
• Pathfinders: Elements or minerals (like bismuth or molybdenum) that geologists look for because they often indicate the presence of valuable minerals nearby, such as gold.

Timestamps

• (00:00) Episode overview
• (01:34) Andrew's background and experience
• (06:08) Great Boulder Resources overview
• (07:43) How does geochem guide exploration?
• (10:18) Geochemical indicators (pathfinders)
• (11:48) Costs associated with geochem collection
• (16:34) Challenges in interpreting geochem
• (18:26) Episode conclusion

Disclaimer

This podcast is for informational purposes only and does not constitute financial advice. Investing in stocks involves risks, including the loss of principal. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Rock Talk does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. Rock Talk is not liable for representations, warranties, or omissions in its content. By accessing our content, users agree that Rock Talk bears no liability related to the information provided or the investment decisions you make.