Eureka! AEM uncovers more than expected

Abstract

Eureka! AEM uncovers more than expected Precompetitive AEM data and associated scientific analysis assists exploration under cover by reducing risk; stimulating investment and promoting exploration for commodities. In recent years, Geoscience Australia has flown three regional Airborne Electromagnetic (AEM) surveys covering three percent of Australia. Data and associated interpretations from regional surveys in the Paterson, Pine Creek and Lake Frome regions have led to tenement take up, stimulated exploration for a number of commodities and have given rise to many Eureka moments. This presentation highlights new results from the use of the regional AEM data and interpretations for commodities other than uranium; results that have been announced by industry via the Australian Stock exchange and other publications. A copper exploration company reported high-grade copper intercepts in target areas defined by data from the regional Paterson survey. A gold exploration company identified horizons associated with the gold-rich Cosmo-Howley corridor using the Pine Creek AEM data. The AEM data have also helped to identify Triassic coal measures at Leigh Creek.