SFR has spent a lot of money on exploration, but as much as $100m ?????
Your implied statement that seismic surveys are needed lacks supporting evidence. In fact I dispute it.
DeG and Monty were found without it. While it's true that SFR did ss a little while ago close to RNI's Doolgunna the results have not been released, but it's my view that it was done to examine the crustal architecture.
This is a post I did on SFR a week ago about it.
"I had a chat with SFR at the RRS conference last September about the geophysics (should have been 'seismic survey') but not much was let out of the bag. It was still being interpreted I was told.
That said, I don't think though that it will tell-all, being an aide instead as to knowledge of the crustal architecture that exists there. That's very important though.
Google this RD
'Crustal architecture of the Capricorn Orogen, Western Australia and associated metallogeny' 2013
An extract:
'Central to the orogen’s prospectivity is the growing understanding that the formation of ore deposits is an expression of much larger earth-system processes, which operate on a variety of scales to focus mass and energy flux. Many factors including the geodynamic setting, architecture, metal source, fluid-flow drivers and pathways, and depositional mechanisms (Wyborn et al. 1994; Knox-Robinson & Wyborn 1997), influence the type, style and location of mineralisation. One of the aims of the seismic survey was to identify large-scale crustal structures, including those that cut through the crust to the mantle, which may form pathways for fluid flow to mineral systems."
No, not ss specifically for vms imo.
RNI does not need seismic surveys to find vms specifically.
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