DET CRC April 2013 Slide Pack Contents

Size: px

Start display at page:

Download "DET CRC April 2013 Slide Pack Contents"

Myrtle Williamson
5 years ago
Views:

are text-rich in order to make them comprehensible to sponsors wishing to use them.

2 DET CRC April 2013 Slide Pack Contents Slide #1 Slide #2 Slide #3 Slide #4 Slide #5 Slides #6-12 Slides #13-23 Cover Slide This Slide Contents & Information DET CRC Participants DET CRC Affiliates Background to DET CRC DET CRC Achievements & Strategy Quarter Research Highlights Slides #5-10 are text-rich in order to make them comprehensible to sponsors wishing to use them. More information on the January - March Quarter Research Highlights (Slides #13-23) is available in the April Newsletter. An editable PowerPoint version of these slides is available from Anna Porter annaporter@detcrc.com.au

5 DET CRC Background DET CRC will develop more cost-effective, safer and more environmentally-friendly methods for deep mineral exploration incorporated entity with independent board $55M cash & $64M in-kind support over 8 years ( ) from Australian government and participants participants include miners, research providers and service companies DET CRC head office is co-located with Boart Longyear s new Asia Pacific head office in Adelaide 12 projects scoped by industry have commenced and are contracting over 100 researchers in 9 different organisations unique model of commercialisation of IP through the service sector participants: $450k pa (~31x leverage) affiliates: $10k pa with colleges for junior explorers, service providers and geological surveys DET CRC will deliver revolutionary new technology such as coiled tubing drilling systems with logging-while-drilling capability. Drilling and logging results will be fed real-time to remote geological modelling capability in order to plan immediate (within 24 hours) follow-up drilling.

Coiled Tubing Drilling (CTD) for Mineral Exploration flagship project to deliver CTD for

1M in-kind over 2012-2014 CTD achieves 2x ~1,000m Alberta gas wells per day with 2-3

cost, safety, environment and hole stability in minex key challenges for CTD in minex

500m, weight less than 10 tonnes and $50/m small CT rig has been ordered from Axon and

6 Coiled Tubing Drilling (CTD) for Mineral Exploration flagship project to deliver CTD for minex project receiving ~$2.3M cash and ~$4.1M in-kind over CTD achieves 2x ~1,000m Alberta gas wells per day with 2-3 hours move in and rig up time and penetration rates up to100m/hr CTD offers improved cost, safety, environment and hole stability in minex key challenges for CTD in minex include: low WOB hard rock drilling & coil durability initial target: greenfields rig to 500m, weight less than 10 tonnes and $50/m small CT rig has been ordered from Axon and will be key experimental platform CTD-related percussion and rotary drilling test facilities, material testing lab and cuttings flow loop commissioned

offer better OH&S, easier carriage to remote locations, smaller rigs (less hoisting capacity) and lower consumables sensors can be

7 World s First Successful Drilling with Carbon Fibre Drill Rod DET CRC undertook the world s first minex drilling with a composite (carbon fibre) rod composite rods are less than half the weight of conventional rods and with greater strength composite rods offer better OH&S, easier carriage to remote locations, smaller rigs (less hoisting capacity) and lower consumables sensors can be embedded in composite rods for real-time data from exploration holes Video press release available on YouTube:

Downhole and Lab-At-Rig Sensing improved productivity and new drilling technologies require in situ, near real-time analysis of exploration holes DET CRC has built and

borehole: pumped down inside drill rods and logs as rods are pulled DET CRC has successfully embedded sensors in carbon fibre drilling rods in addition to downhole techniques,

8 Downhole and Lab-At-Rig Sensing improved productivity and new drilling technologies require in situ, near real-time analysis of exploration holes DET CRC has built and successfully tested a prompt gamma neutron geochemical wireline logging tool for HQ holes DET CRC s new autonomous sonde has successfully logged natural gamma radiation in a borehole: pumped down inside drill rods and logs as rods are pulled DET CRC has successfully embedded sensors in carbon fibre drilling rods in addition to downhole techniques, DET CRC is investing $1M cash into lab-at-rig techniques encouraged by recent early results at the Brukunga Drilling Research and Training Facility Autonomous sonde Wireline Geochemical Logging Tool

Brukunga Drilling Research and Training Facility Brukunga DRTF is located in a disused mine close to Adelaide critical to testing DET CRC s new technology and also for training researchers have

9 Brukunga Drilling Research and Training Facility Brukunga DRTF is located in a disused mine close to Adelaide critical to testing DET CRC s new technology and also for training researchers have access to state-of-art drill rig, drilling crew and fully logged and assayed test hole Video information on Brukunga Drilling Research & Training Facility available on YouTube:

Geological Targeting DET CRC research also focuses on geochemical signals that vector towards mineralisation in cover and basement this research informs specs for real-time downhole and lab-at-rig

10 Geological Targeting DET CRC research also focuses on geochemical signals that vector towards mineralisation in cover and basement this research informs specs for real-time downhole and lab-at-rig analytical techniques regional sampling has mapped a 10s of kilometre scale alteration halo centred on the Emmie Bluff IOCG prospect: halo increases the effective exploration footprint of the prospect 100-fold applicability of DET CRC s Lab-At- Rig approach strongly supported by recent results on rock powders from Brukunga Drilling Research and Training Facility Press Release on Emmie Bluff Alteration Halo available at: detcrc.com.au/2012/halo-makesmineral-exploration-targethundred-times-bigger/

11 33 PhD Students Commenced DET CRC Projects & 8 Driller Training Courses Run for 102 Trainees

DET CRC Quarterly Update: April 2013 Research Highlights January March 2013 1) Bending Machine Commissioned at Curtin: Towards Durable Coiled Tubing 2) Axon Coiled Tubing Rig in Final Stages of

Pressure 7) MineralMapper3D Software Released by Geoscience Australia 8) 3D MT Survey Undertaken at Hillside 9) Hillside 3D Seismic Data Maps Steeply-Dipping Mineralised Zones 10) Lithological Effect

13 DET CRC Quarterly Update: April 2013 Research Highlights January March ) Bending Machine Commissioned at Curtin: Towards Durable Coiled Tubing 2) Axon Coiled Tubing Rig in Final Stages of Commissioning in Houston 3) RC Drilling Commences at Brukunga 4) Borehole Radar-While-Drilling 5) Slim-Tool, Through-Rod PGNAA Logging at Brukunga and Hillside 6) Autonomous Sonde Performs Under Pressure 7) MineralMapper3D Software Released by Geoscience Australia 8) 3D MT Survey Undertaken at Hillside 9) Hillside 3D Seismic Data Maps Steeply-Dipping Mineralised Zones 10) Lithological Effect on Trace Element Concentrations in the Cover Coiled tubing drilling will permit cheaper, faster and safer drilling of more stable holes because pipe connections are not required. Logging-whiledrilling will remove or greatly reduce need for core and lengthy core analysis. Combined with real-time geological modelling, these will permit follow-up drilling without rig de-mob and re-mob.

14 1) Bending Machine Commissioned at Curtin: Towards Durable Coiled Tubing

15 2) Axon Coiled Tubing Rig in Final Stages of Commissioning in Houston

16 3) RC Drilling Commences at Brukunga

17 4) Borehole Radar-While-Drilling

18 5) Slim-Tool, Through-Rod PGNAA Logging at Brukunga and Hillside to see a Drill Bit video on PGNAA logging.

19 6) Autonomous Sonde Performs Under Pressure

20 7) MineralMapper3D Software Released by Geoscience Australia

21 8) 3D MT Survey Undertaken at Hillside

22 9) Hillside 3D Seismic Data Maps Steeply- Dipping Mineralised Zones

23 10) Lithological Effect on Trace Element Concentrations in the Cover

DEEP EXPLORATION TECHNOLOGIES COOPERATIVE RESEARCH CENTRE REVIEW 1 JULY JUNE 2017

DEEP EXPLORATION TECHNOLOGIES COOPERATIVE RESEARCH CENTRE REVIEW 1 JULY 2016 30 JUNE 2017 THE SUPPORTERS Deep Exploration Technologies Cooperative Research Centre (DET CRC) is managing an eight year program