CURRENT ACTIVITY AND FUTURE TRENDS IN CANADIAN MINERAL EXPLORATION

This technical note arises from a recent visit to Canada funded mainly by the Vernon Hobson Bequest. One of the objectives was to determine the philosophy underlying current mineral exploration programs and also to find out the extent to which new methods in applied geochemistry had entered into practice by the mining companies. Extensive discussions were held with exploration personnel in government, mining companies and consultancy organizations. One of the most important aspects of mineral exploration in Canada at the present time is the widening discrepancy between revenue received from metal production and the money spent on exploration programs. The writer believes that the 1970s will be seen as a period of consolidation in Canadian mineral exploration. The combination of financial uncertainty and the diminution of virgin terrain will lead to a decline in the amount of airborne geophysical work within Canada, and companies will concentrate on a reappraisal of anomalies which have been eliminated in the past and a reinvestigation of properties made attractive by rising metal prices.

  • Authors:
    • Edwards, R P
  • Publication Date: 1975-2

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Filing Info

  • Accession Number: 00098020
  • Record Type: Publication
  • Source Agency: Engineering Index
  • Files: TRIS
  • Created Date: Aug 13 1975 12:00AM