Genetic models for epithermal gold deposits and applications to exploration
- Authors: Veselinović, Milica
- Date: 1992
- Subjects: Gold ores -- Geology , Hydrothermal deposits
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:4950 , http://hdl.handle.net/10962/d1005562 , Gold ores -- Geology , Hydrothermal deposits
- Description: Epithermal gold deposits are the product of large-scale hydrothermal systems in tectonically active regions. They form at shallow crustal levels where the physico-chemical conditions change abruptly. Two major groups of epithermal gold deposits can be distinguished based on their genetic connection with: A) Copper-molybdenum porphyry systems and B) Geothermal systems related to volcanic centres and calderas. Epithermal gold deposits connected with geothermal systems encompass three major types: adularia-sericite, acid-sulphate and disseminated replacement (the Carlin-type). Their essential ingredients are: high heat source which leads to convection of groundwater in the upper crust; source of hydrothermal fluid, metals and reduced sulphur; and high-permeability structures which allow fluid convection and metal deposition. Mixing of these ingredients leads to the formation of epithermal gold deposits throughout crustal history, without any restriction on age. The ores were deposited from near-neutral (adularia-sericite type and some of the Carlin-type) to acidic (acid-sulphate type and porphyry-related epithermal gold deposits), low-salinity, high C0₂ and high H₂S fluids, which were predominantly meteoritic in origin. The transport capability of deep fluids in epithermal hydrothermal systems may be shown to be dependent largely on their H₂S content and, through a series of fluid mineral equilibria, on temperature and on C0₂ content. The most common mechanisms of ore deposition are boiling (phase separation), mixing of fluids of different temperatures and salinities, reaction between them and wall rocks, dilution and cooling. An understanding of genetic models for epithermal gold deposits provides the basis for the selection of favourable areas for regional to prospect-scale exploration.
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Guidelines to the evaluation of selectively mined, open pit gold deposits during the exploration stage of mine creation
- Authors: Pelly, Frederick Douglas Peter
- Date: 1992
- Subjects: Mining geology , Gold ores -- Geology , Gold mines and mining -- Economic aspects
- Language: English
- Type: Thesis , Masters , MSc
- Identifier: vital:4970 , http://hdl.handle.net/10962/d1005582 , Mining geology , Gold ores -- Geology , Gold mines and mining -- Economic aspects
- Description: This dissertation studies the evaluation of selectively mined, open pit gold deposits during the exploration stage of the mine's life. Since 1970 a large number of selectively mined, open pit gold mines have come into operation. The most common deposits include epithermal vein, mesothermal lode and laterite gold deposits. In general the deposits are characterized by small tonnages (1-20 million tonnes), relatively high grades (2-10 grams per tonne gold), submicroscopic to coarse gold, inexpensive mining, and both free milling and refractory ores.The key components that require evaluating during the exploration period are the deposit's geology, ore reserves, pit design, ore metallurgy and environmental impact. Feasibility studies are the main vehicle by which to report and guide the exploration programme. During the exploration period a company may undertake an initial (geological feasibility), second (preliminary mine feasibility) and third (final feasibility) delineation programme in order to gather sufficient data to justify a mine development decision. The responsibility of evaluating the mineral prospect lies primarily with the exploration geologist and mining engineer. Broad experience, a professional attitude, a thorough understanding of mining economics, and a high level of geological, engineering and technical skills are traits required by the evaluators. In order for mining companies to make sound investment decisions the geographical, geological, mining, metallurgical, environmental, marketing, political and financial aspects affecting the economic potential of the venture must be integrated so that the likely costs, risks and returns of the investment alternative are quantified. Ultimately, it is the economic analysis of these three items that determine whether the mineral prospect is developed into a mine I delineated further I retained until economic circumstances improve, or abandoned. To assess the costs, risks and returns, extensive use of the risk analysis is advocated throughout the exploration period . When combined with intelligent judgement of the intangible risk elements, the probabilistic distribution of discounted cash flows are invaluable in making sound investment decisions. However, the economic analysis is only as good as the information on which it is founded. Accurate and representative field data is the most important prerequisite to successfully evaluating and developing a new mine.
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