John-Mark Staude's Geo Tutorial, Part Four

Following on from the first three parts of Riverside Resources (RRI.v) CEO Staude's tutorial into how a exploration geologist goes about business (find the first three parts on this link), here's part four of the series, out today. Today's subject is about core logging and what goes on behind the scenes when a drillcore is brought out the ground.

Good stuff for all mineheads. Enjoy.

Mining Must See Videos: A three part tutorial of mining exploration from John-Mark Staude of Riverside Resources (RRI.v)

Here follow three youtubes that make up a three part series called "John-Mark's Geo Tutorials", put together by John-Mark Staude, President, CEO and all-round head honcho of Riverside Resources (RRI.v). They are essential viewing for anyone interested in junior miners and explorations.

Here is part one, that talks about early stage exploration techniques, sampling and how these techniques are then presented by the mining companies to the investment community.

Here is part two, that talks about the importance of geological mapping.

Here is part three, that takes us through a drilling program and what actually happens when that diamond drillbit hits the rock.

Fascinating stuff and bigtime kudos to Staude for putting together these excellent and highly informative videos. There's something to learn for everyone here, from the greenest of horns to sector afficionados. Take time out, watch all three and come away smarter about rocks.

Calling All Geologists, Miners, Mining Companies, Executives etc

OK folks, it's time for you rockpeople to show some solidarity and help the next generation of geologists. Today I received a mail from Mickey Fulp asking whether I could paste up the following mail. He received it from Josephine Lougee, an 8th grade student in the US who is getting very interested in all things geology thanks to her ongoing school project.

She comes across as a smart cookie and clearly has initiative as she's been asking round the geology world for help for while (without much feedback or success so far, it has to be said). I got in touch with her to ask permission to publish her full name, address etc on a public blog, and she and her parents agreed. I'll also add that she was very polite and obviously interested in the subject.

So can you help her, miningworld people? Please read the letter underneath and see if you can chip in (geddit?) with a rock sample or two for her collection. Help the next generation of geologists get off the ground and spread a little happiness while you're about it. Don't wait for the other guy to do it either, show yourself as the good guy right now, pre-PDAC. Consider it an offering to the metals gods and they will shine upon thee in the first week of March.

Thanks in advance for helping on this. Otto

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Hello,

My name is Josephine Lougee and I am an 8th grade student at DuBois Area Middle School. I am in a class called Earth Space Science and we are doing research on rocks and minerals. I was just wondering if it would be possible for you to send me information on your company, and maybe if possible samples. Our class is taking all of the samples that we get and putting them out on display for the whole entire school to see, so if you do decide to send something i could send you a picture of the display.

Here is my information if you decide to send information or samples:

Josephine Lougee

316 Pine Hills Road

Reynoldsville, PA 15851

josephine_721 (AT) yahoo (DOT) com

New website recommendation: The Mercenary Geologist

The name of the new recommended site is "The Mercenary Geologist", and it is required reading for anyone invested or interested in mining, and particularly junior exploration miners.



Site owner Michael S. "Mickey" Fulp is a well-known and well respected face in the world of geology (and rather than wax lyrical here, you can check out his biography at his site: he's even got his resumé available to read there). The thing that makes this site a must read is that Fulp is offering up his deep experience to the non-geologist and is able to get across the sights, smells, pitfalls and opportunities available in the sector without lapsing into jargon and technical geo-speak. In my opinion, this is exactly the kind of knowledge empowerment that the industry needs and so full kudos to Fulp.



I've personally subscribed to his site in the last few days, and what's more it's totally free to join. I've also been in contact with Mickey Fulp, and to give you people a taster of what's on offer over there, he's given me permission to re-print the first section of a great article he published late last month concerning the often misunderstood differences between mineral resources, reserves, ores and suchlike. Have a read, and I hope it interests you enough to go over and sign up to his list. It really is free, and there's no better bargain than that. Enjoy. (By the way, I get zero kickback, commission or anything for recommending this site. The only thing happening here is sharing knowledge...I like what I've seen and I hope you benefit, too)

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Reserves and Resources: A Primer for the Lay Investor

A Monday Morning Musing from Mickey the Mercenary Geologist

Mickey@MercenaryGeologist.com

August 25, 2008

As a classically-trained economic geologist, I was introduced to the definition of “Ore” and “Ore Deposit” during the first minute of my first course in graduate school at the University of New Mexico.

In the early afternoon of a late summer day in 1975, Dr. Wolfgang Elston walked into my Economic Geology 401 class, introduced himself, and asked us to open the chosen textbook, Ore Deposits by Park and MacDiarmid, second edition, to page one and read the following: “Ores are rocks and minerals that can be recovered at a profit.”

At a profit.

So now let’s expand the basic concept and definition to an “Ore Deposit: A mass of rock or mineral that can be developed, mined, processed, and delivered to the marketplace or technology at a profit.”

At a profit.

These two simple definitions have been the fundamental concept anchoring my continuing education and experience since I first set boot in the field as an explorer and prospector in the summer of 1976. The idea is so ingrained in my brain that I need reminding that the overwhelming majority of investors in the mining and exploration sector have absolutely no clue what an Ore Deposit actually is.

Another reminder of this serious lack of insight and understanding occurred a few weeks ago. In a public conversation, I heard meaningless statements such as: “(Unnamed company) has proven up a 1.5 million ounce resource”; “millions of ounces of gold have been taken out of the district and (unnamed company) is about ready to mine it again.”

What was that again? Resources…proven…about ready to mine??

Ai, Chihuahua! I was flabbergasted by these wildly promotional statements and will explain below.

CONTINUES HERE