The mineral exploration community is welcoming news of a major mining research project. This week, Laurentian University announced it’s starting a seven-year initiative called Metal Earth.
The goal is to figure out more precisely where ore deposits are, making exploration less costly for companies. The president of the Sudbury Prospectors and Developers Association, Joshua Bailey, says it’s great to see more than $100-million being spent on mining research.
Bailey, who is also the vice-president of exploration with Wallbridge Mining and the head of the Ontario Prospectors Association, says there hasn’t been a lot of innovation in mineral exploration.
“A lot of the geophysics that we use was technology initially developed during World War 2, you know, looking for submarines and that sort of thing,” says Bailey.
The funding for the Metal Earth project is coming from the federal government, and other partners from academia and industry.
NorOnt Resources is one of the mining companies backing the project. It has several claims in the Ring of Fire region of northern Ontario.
“For Metal Earth to come in and do their work effectively, they’re going to need access to that data and we will be providing it to them,” says Ryan Weston, vice president of exploration with NorOnt Resources.
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