Mining Exploration Business Strategy around Logging Roads
Peter Bell
MPRA Paper from University Library of Munich, Germany
Abstract:
A mining exploration company, Kermode Resources Ltd, provides an example of surface sampling results from the logging road, and this article describes methods for data visualization of exploration results. The paper uses a bottom-cut as an example of a descriptive statistical method to determine whether the best results cluster in one particular spatial area, using public results from Kermode. The paper introduces a toy model of the area around these sampling results and uses it to discuss potential acid rock drainage. Further, the paper describes a possible synergy between the mining exploration and forestry: when a logging road uses sulphide-rich rocks, it creates a potential pain point for the forestry industry because of increased pollution from heavy metals; however, these same sulphide-rich outcrops are a potential pleasure point for a mining exploration company seeking to find a minerals deposit.
Keywords: Keywords: Engineering Economics; Mining; Royalties; Finance (search for similar items in EconPapers)
JEL-codes: C0 G0 L7 (search for similar items in EconPapers)
Date: 2025-10-28
New Economics Papers: this item is included in nep-min
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:126635
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