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Tasmanian exploration data available for explorers

13th January 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – New data from a carrying radiometric and magnetic survey conducted over nearly 10 000 km2 of south-eastern Tasmania is now available to stakeholders, as part of the Australian government’s Exploring for the Future Program.

Minister for Resources and Northern Australia Madeleine King said data from this survey would help scientists better understand the potential for minerals, energy, and groundwater in this region.

“Just like an ultrasound can reveal what’s inside your body, magnetic and radiometric surveys can reveal the geology below the ground by measuring the magnetism and tiny amounts of natural radioactivity of the Earth,” King said.

“We know Australia’s wide-ranging deposits of critical minerals are essential for the world to reach net zero, but we need to work out exactly where to find them. 

“This can map rocks prospective for a variety of minerals, and potentially reveal groundwater aquifers and different soil types in agricultural regions. 

“This data is now available for industry and other stakeholders to better assess the potential of eastern Tasmania for hosting base-metals, gold, bauxite, tungsten and other critical minerals, along with helping to inform groundwater and land management decisions.

“This survey is just one of the many ways Geoscience Australia’s Exploring for the Future Program is helping to identify new exploration opportunities, improve natural resource management and attract new investment, particularly to regional Australia,” King said.

Tasmanian Minister for Resources Felix Ellis said the survey would further support Tasmania’s booming mining and agriculture industries.  

“Our mining and minerals processing sector is a key pillar of the Tasmanian economy, supporting thousands of jobs and bringing in billions of dollars in export revenue each year,” Ellis said.   

“The sector provides many key minerals, including tin and tungsten, needed for everyday life and to support the world’s transition to a renewable energy future. 

“Thanks to our rich mineral endowment and supported by our renewable energy capacity, Tasmania is in an enviable position to capitalise on increasing global demand for these minerals. 

“Properly understanding the opportunities in the rich geology beneath our feet will, if unlocked, create new investment opportunities and jobs for Tasmanians.”

Edited by Creamer Media Reporter

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