How Exploration Creates Value: A Simple One-Period Framework

Imdex Xplore Tech Symposium

Vancouver, B.C.

January 20, 2023

Greenfield and brownfield exploration is fundamental for a successful mining industry.  Yet, it is hard to find mining professionals who can clearly articulate how exploration creates value.  This presentation corrects this oversight with a simple one-period model that demonstrates how exploration is a learning option that creates value through information-gathering.  A case study, loosely based on Seabridge Gold’s KSM project, illustrates how exploration and improving exploration technology is a valuable company activity.

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