Showcasing the Territory’s exploration potential
The Northern Territory’s (NT) rich mineral commodities will be showcased on the global stage this week at the Prospectors and Developers Association of Canada (PDAC) convention, a premiere mineral exploration and mining convention, attracting 25,000 attendees from over 132 countries.
Only five government geologists from around the world were invited to present at this key industry event including the departments Northern Territory Geological Survey Executive Director, Ian Scrimgeour, who will be presenting on the Territory’s world-class pre-competitive exploration geoscience.
“New geoscience is all about making the Territory a more attractive place for industry to invest in exploration, and our pre-competitive baseline datasets highlight our resource potential and lowers exploration risk,” Mr Scrimgeour said.
With the Territory recently ranked 13th in the world for mining investment attractiveness and 5th in the world for the best practise mineral potential, according to the Annual Survey of Mining Companies, it reinforces the importance of opportunities to promote the Territory’s wide range of mineral commodities.
“There are attractive new areas of prospectively for minerals across the Territory, so it’s great to share our contemporary geoscience programs and the large volumes of data we develop to unlock the resources potential of the Territory,” Mr Scrimgeour said.
Promoting the Territory’s resource potential and investment opportunities is part of the Northern Territory Government’s four-year Resourcing the Territory (2018-2022) initiative, the largest initiative ever undertaken to support resources exploration in the Northern Territory. It aims to make the Territory a preferred exploration investment destination and supports local businesses and communities that rely on the resources sector.