Victoria Gold Corp VITFF

Victoria geologist speech abstract

[willex]

Exploration Strategies, and Techniques as well as Structural Systematics, Geometries, and Occurrence of Selected Gold Belts from the Great Basin and Abroad: Implications for Long Term Assessment of Predictive Methods for Exploration and Development Raul Madrid, Victoria Resource Corporation ABSTRACT I have been lucky to map in detail as well as in reconnaissance many gold deposits within a number of gold belts throughout the world. While I cannot talk exhaustively about each gold belt we mapped, all belts were found to have formed under similar conditions, and exhibit similar structural systematics and therefore similar geometries despite the huge distances and timing that separate them. Using certain methods herein discussed schematically, these features have been used to provide semi-predictive exploration techniques that have proven to be relatively successful in defining bodies with high potential for gold concentrations. I will detail some of these gold systems from abroad and from Nevada to highlight some of their common features which have allowed a more definitive and more systematic and predictive approach to drilling these systems. This has led to formulation of certain exploration strategies in terms of the utilization, or exclusion, of mapping criteria and drilling approaches to more confidently define the geometries of gold concentrations in these systems. Examples of these strategies applied to Colombian and Nevadan gold exploration show that structural tabular and intersection zones are responsible for most of, or most of the significant transport and deposition of gold in these systems. Structural intersection zones in particular have similar if not identical geometries and penetrate to great depths, and were the major conduits for gold transport. Gold transport is effectuated mostly by dynamic movement of fluids driven by small changes in temperature. Knowledge of this has significant implications for the structural frameworks in which these deposits occur, and the structural conduits needed for their concentration. Exploration of these gold belts in the future must utilize the application of structural methods and, in particular, structural systematics to define these significant depths so that more cost efficient mapping and drilling can be applied to our exploration efforts. Efforts to mine these deeper gold systems will be less difficult if predictive exploration methods can be better refined and applied. The current, more widely applied exploration methods utilized by most companies must change to fit better with structural analytical techniques that will lead to these predictive methods. Structural gold belts have the potential to replace the 1.5 billion ounces produced by the Witswatersrand in just over 100 years. The gold contents per unit mile of these belts is increasing and although now still confined to 10’s of millions of ounces locally within these belts, current data support 100’s of millions of gold exploitation in the future along them. The main requirements for this future exploitation are deeper exploratory efforts and more cost-effective drilling planning and application.