Project duration: 1 January 2018 – 31 March 2021
Reliable information concerning the locations and amounts of undiscovered mineral resources is important for investment decisions by exploration and mining companies and the political and administrative decision-making process concerned with land-use planning. The current state-of-the-art analytical method for this purpose, the “three-part method”, was developed by the US Geological Survey but has several shortcomings related to the handling of uncertainty in both the input and output data and the classification of the delineated mineral potential areas. Furthermore, the different stages should be integrated into one workflow program.
The solution (technology)
The project will produce a new method and software for the quantitative assessment of undiscovered mineral resources, by integrating mineral prospectivity modeling and the three-part method. The testing phase will produce valuable information on undiscovered resources in the Nordic countries and the Arctic deep ocean floor. The software will increase the productivity of its users and create new business possibilities for service providers, by providing new valuable information on the locations and amounts of undiscovered mineral resources in these areas.
- Geological Survey of Finland (GTK), Finland (Lead partner)
- Beak Consultants GmbH (BEAK), Germany
- Geological Survey of Norway (NGU), Norway
- Geological Survey of Sweden (SGU), Sweden
- Iceland GeoSurvey (ISOR), Iceland
- LTU Business AB, Sweden
- Norwegian University of Science and Technology (NTNU), Norway
- Scandinavian Highlands (SHH), Denmark
- University of Oulu, Finland
For more information, please visit the project website.