Glass Earth Gold - NZ Gold Exploration Company

Date: 25 August 2009

Glass Earth Gold is an example of an innovative, science driven company in this sector in New Zealand. In a recent exploration update, the company claims to be closer to gold production with encouraging results from placer gold evaluation:

Glass Earth's placer mine evaluation studies are significantly advanced following encouraging results from 122 shallow RC drill holes in the Central Otago region in tandem with active exploration campaigns of drilling, ground-based resistivity surveys, mapping, and analysis in the Hauraki (funded and operated by Newmont); Mamaku-Muirs; and Otago Regions ... Resistivity surveying on the Muirs/Massey Reefs followed encouraging drilling results in 2008, assisting in delineating a potentially new high level vein system adjacent to the known reefs. Infill resistivity will precede further drilling in 2009 as funding becomes available. (GlassEarthGold News Release 19 March 2009)

This would indicate that modern spatial information technology will ultimately play a role in additional production of gold; however, as the news release indicates, this is still some time away.

This case study has been taken from the Spatial Information in the New Zealand Economy - Realising Productivity Gains report, August 2009.