That is true - I did some quick research and it goes back to 1991 at least where one co was able to pinpoint Ni-Cu mineralisation. Refer below for a good summary. There must have been great improvements in this method in the meantime and the fact that JP has seen fit to rethink everything speaks volumes IMO. Just my view but this is the most exciting event since I became a s/h!Mining exploration[edit]
MT is used for various base metals (e.g. nickel) and precious metals exploration, as well as for kimberlite mapping.
INCO's 1991 proof-of-concept study in Sudbury, Ontario, Canada sensed a 1750-meter-deep nickel deposit. Falconbridge followed with a feasibility study in 1996 that accurately located two Ni-Cu mineralized zones at about 800 m and 1350 m depth. Since then, both major and junior mining companies are increasingly using MT and audio-magnetotellurics (AMT) for both brownfields and greenfields exploration. Significant MT mapping work has been done on areas of the Canadian Shield.[12]
Diamond exploration, by detecting kimberlites, is also a proven application.[13]
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