Every mineral exploration project is different. There is no generic work program that fits any project. We create bespoke exploration programs to maximize discovery potential.In an ever changing economic climate and in mining industry, investors are looking for more than geologically powerful exploration and a deposit of merit. Exploration companies now need to demonstrate that investment is used effectively to advance a project quickly and comprehensively without undue expenditure.
ARCHEAN exploration team can design exploration programs that are tailored specifically to answer the important geological questions whilst adhering to strict budgetary constraints. This normally entails a phased approach to technical work, where a series of decision points are planned after each phase, allowing clients to make investment decisions based on the hard results of the preceding phases.
ARCHEAN follows the United Nations Framework Classification (UNFC) for fossil energy and mineral Reserves and Resources which based on three main axes dimensional system, Geological Assessment, Feasibility Assessment and Economic viability.
Geological assessment is generally conducted in stages of increasing details. The typical successive stages of geological exploration i.e.
· Reconnaissance Exploration,
· Prospecting (Preliminary Exploration),
· General exploration and
· Detailed exploration
Feasibility assessment studies form an essential part of the process of assessing a mining project. The typical successive stages of feasibility assessment i.e.
· Geological study as initial stage followed by
· Prefeasibility study and
· Feasibility study/mining report
The degree of economic viability is assessed in the course of prefeasibility and feasibility studies i.e.
· In here essence economic
· Potentially economic