A Career Mineral Exploration, Resource and Mining Geology

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1 1 A Career Mineral Exploration, Resource and Mining Geology Presenter: Ben Lepley Location: BGS, Keyworth

2 My Journey so Far 2 Love of mountains Geology A Level BSc/MESci in Geology (no specialisation) Love of sparkly ore minerals Geological Technician SRK Cardiff Consultant Geologist SRK Cardiff and Sweden CGeol chartership through GeolSoc

3 SRK Consulting - Disciplines 3 Exploration Geology Resource Estimation Mining Geology Geotechnics Mining Reserve Estimation Mineral Processing Tailings & Waste Disposal Project Infrastructure Water Management Environmental & Social Multi-Disciplinary Services

4 SRK Consulting Mandate Types 4 Feasibility Studies Scoping/Conceptual Pre-Feasibility Studies Feasibility Studies Due Diligence (2 nd Opinion) Debt Capital Markets Equity Capital Markets Internal Board Decision Operational support Operation startup closure

5 SRK Consulting - Projects 5 Commodities: gold and precious metals, bauxite, base metals, iron, REE, potash, phosphates, coal, gemstones... Locations: deserts, jungle, rainforest, tundra, urban, taiga, underwater and extraterrestrial (?!) Stages: exploration, start-up, operational and closure Team: lone, discipline, multidiscipline, sub-contractors and clients

6 Geology in Exploration and Mining regional exploration 6 Target generation Reconnaissance Regional mapping and sampling Form and idea and test it

7 Geology in Exploration and Mining focussed exploration 7 Head scratching Core logging Geological interpretation Licence application Drillhole planning Community relations Managing contractors Budget control

8 Geology in Exploration and Mining structural geology 8 Core logging Data analysis Mine mapping 3D modelling Resource model input Geotechnical assistance

9 Geology in Exploration and Mining sampling and analysis 9 Sampling Testwork Geochemical analysis Quality control Statistical analysis

10 Geology in Exploration and Mining geological modelling 10

11 Geology in Exploration and Mining Mineral Resource estimation 11 Data validation 3D modelling Geostatistical analysis Grade estimation Validation Classification Resource Reporting

12 Geology in Exploration and Mining Mine Geology 12 Open Pit / Underground Grade control Core logging 3D modelling Mine mapping Mine planning Health and Safety

13 SRK Geology Commissions 13 Exploration management and supervision Database audits Structural geology Mineralogy and petrology Sampling & QA/QC audits Geostatistics 3D geological modelling Resource estimation Mine site assistance Due diligence reviews and audits

14 Daily Activities 14 Exploration geology and management On-site communications, logging, mapping, logistics, geophysics, QAQC, sampling Software: Excel, CAD, 3D software (e.g. Leapfrog, Datamine, Surpac) Structural geology Map creation by hand or tablet, data collection and analysis, 3D modelling, QAQC Software: Excel, 3D software, stereonets Resource Estimation Data verification, statistics & geostatistics, 3D modelling, grade interpolation, block modelling, resource classification and reporting Software: Excel, CAD, 3D software (e.g. Datamine. Leapfrog, Surpac, Vulcan) Mine Geology Block-outs, grade control, on-site communications, mine mapping, sampling Software: Excel, CAD, 3D software

15 Career Progression 15 Exploration and Mining Companies Financial Institutions and Consultancies Exploration-Resource-Mining Geologists Exploration Manager Technical Services Manager Mine Manager Company Director

16 Summary 16 Mining and exploration - varied and rewarding career International industry - experience different cultures, environments and geological terrains Variable work - apply technical skills acquired at university to real world problems and get your hands dirty Consultancies - open to graduates and people with a widerange of skills and experience Career progression - huge scope for moving sideways and upwards

17 Recommendations - exploration / mining geology 17 General geology / exploration geology BSc Specialise at MSc level if required Work experience at Uni Join professional organisation as student Conferences, meetings, field trips, contacts, journals SEG Society of Economic Geology exploration/mining IoMMM Institute of Materials, Minerals and Mining mining geology/metallurgy specific GeolSoc FGS then CGeol/CSci good for general geology, well respected worldwide

18 SRK Office Locations 18 >1,400 Professionals, 45 offices, 20 countries, 6 continents

19 Copyright and Disclaimer 19 Copyright (and any other applicable intellectual property rights) in this document and any accompanying data or models which are created by SRK Consulting (UK) Limited ("SRK") is reserved by SRK and is protected by international copyright and other laws. Copyright in any component parts of this document such as images is owned and reserved by the copyright owner so noted within this document. The use of this document is strictly subject to terms licensed by SRK to the named recipient or recipients of this document or persons to whom SRK has agreed that it may be transferred to (the Recipients ). Unless otherwise agreed by SRK, this does not grant rights to any third party. This document shall only be distributed to any third party in full as provided by SRK and may not be reproduced or circulated in the public domain (in whole or in part) or in any edited, abridged or otherwise amended form unless expressly agreed by SRK. Any other copyright owner s work may not be separated from this document, used or reproduced for any other purpose other than with this document in full as licensed by SRK. In the event that this document is disclosed or distributed to any third party, no such third party shall be entitled to place reliance upon any information, warranties or representations which may be contained within this document and the Recipients of this document shall indemnify SRK against all and any claims, losses and costs which may be incurred by SRK relating to such third parties. This document is issued subject to the confidentiality provisions in SRK s Terms and Conditions, which are included in the Commercial Appendices and contain mutual confidentiality obligations. Accordingly, any references in the confidentiality provisions in SRK s Terms and Conditions to the Client should be read as Recipients. SRK respects the general confidentiality of its potential clients confidential information whether formally agreed with them or not and SRK therefore expects the contents of this document to be treated as confidential by the Recipients. The Recipients may not release the technical and pricing information contained in this document or any other documents submitted by SRK to the Recipients, or otherwise make it or them available to any third party without the express written consent of SRK. SRK Consulting (UK) Limited 2016 version: Jan 2016

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