In the first 20 years of the 21st century, just over 20 per cent of Australian mineral exploration expenditure was dedicated to iron ore, totalling >A$8 billion and >30 million metres of drilling (Australian Bureau of Statistics, 2021). Improvements in the cost, efficiency, safety, reliability and data quality of drilling have the potential to deliver significant productivity improvements, increasing the probability of discovery and reducing the time from discovery to mining. Currently in its third year of research, Mineral Exploration Cooperative Research Centre (MinEx CRC) is focused on a new set of exploration tools and new ways to deploy those tools which recognise the fundamental importance of collecting quantity and quality data from the subsurface, to enable exploration success for all minerals, including iron ore.
MinEx CRC is focused on developing more productive, safer and environmentally friendly drilling methods to discover and drill-out deposits. This includes pioneering work on Coil Tube (CT) drilling technology and innovations in Diamond and Reverse Circulation (RC) drilling techniques aimed at improved drilling optimisation and automation. In parallel, MinEx is developing new technologies for collecting data whilst drilling. This is being undertaken in four separate industry-led projects utilising geophysical, seismic, downhole analytical and 3-dimensional (3D) modelling improvements. A National Drilling Initiative (NDI) is also underway, with two drilling programs completed in 2020. The NDI is a world-first collaboration of Geological Surveys, researchers and industry, which undertakes drilling in under-explored areas of potential mineral wealth in Australia and provides a test-bed for new mineral exploration technologies.