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Title: Olympic Dam copper-uranium-gold deposit, South Australia

Conference · · Am. Assoc. Pet. Geol., Bull.; (United States)
OSTI ID:6913044

The Olympic Dam copper-uranium-gold deposit was discovered in July 1975. It is located 650 km north-northwest of Adelaide on Roxby Downs Station in South Australia. The first diamond drill hole, RD1, intersected 38 m of 1.05% copper. A further eight holes were drilled with only marginal encouragement to November 1976, when RD10 cored 170 m of 2.12% copper and 0.06% of uranium oxide, thus confirming an economic discovery. The discovery of Olympic Dam is an excellent example applying broad-scale, scientifically based conceptual studies to area selection. Exploration management supported its exploration scientists in testing their ideas with stratigraphic drilling. Geologic modeling, supported by geophysical interpretations and tectonic studies, was used to site the first hole. The discovery also illustrates the persistence required in mineral exploration. The deposit appears to be a new type of stratabound sediment-hosted ore. It has an areal extent exceeding 20 km/sup 2/ with vertical thicknesses of mineralization up to 350 m. It is estimated to contain more than 2000 million MT of mineralized material with an average grade of 1.6% copper, 0.06% uranium oxide, and 0.6 g/MT gold. The deposit occurs in middle Proterozoic basement beneath 350 m of unmineralized, flat upper Proterozoic sediments. The sediments comprising the local basement sequence are predominantly sedimentary breccias controlled by a northwest-trending graben.

Research Organization:
Western Mining Corp., Preston, Australia
OSTI ID:
6913044
Report Number(s):
CONF-8608105-; TRN: 87-002910
Journal Information:
Am. Assoc. Pet. Geol., Bull.; (United States), Vol. 70:7; Conference: 4. circum-Pacific energy and mineral resource conference, Singapore, China, 17 Aug 1986
Country of Publication:
United States
Language:
English