The Olympic Dam mine is a large poly-metallic underground mine located in South Australia, 550 km NNW of Adelaide. It is the fourth largest copper deposit and the largest known single deposit of uranium in the world, although copper is the largest contributor to total revenue. Approximately 70% of the mine's revenue comes from copper, 25% from uranium, and the remainder from silver and gold. BHP Billiton has owned and operated the mine since 2005. The mine was found and previously owned by Western Mining Corporation.
OreFox scanned 400 square kilometres around the Olympic dam mine, smaller than the usual 1600 square kilometres scanned, to allow the AI to put more effort into the area. The outcome was two target areas in the orebody, which we classify a success. Three more targets were around the mine area, and one outlier target. Interestingly, with all the drilling around the mine, none of the outer targets have had drilling close to them.
The red areas in the image below are the areas that OreFox's Prospector AI has highlighted for further investigation.
Image showing the Olympic Dam Orebody, and the Prospector AI highlited targets.
A magnetinc image from the area scanned around Olympic dam, with the orebody highlighted below.
The image below shows how sublte the magnetinc response is for Olympic dam.