Page 11 - pd294-June21-mag-web_Neat
P. 11

during COVID-19.        with capability to do brownfields mainly
                                                           The end result for the   with a bit of greenfields. And, because
                                                          former Doray Minerals   we had the need for only one person we
                                                          boss was listing Miramar   needed someone with geochem, geo-
                                                          with  $8  million  in  Octo-  physical skills with the ability to write-up
                                                          ber and a suite of gold   ASX releases; we needed that variety of
                                                          and base  metals  assets   skills-base,” Reeves said.
                                                          in WA.                   “We had CSIRO help us in the early
                                                           “A  lot  of  money gets   days and they were quick in helping us
                                                          spent  on assets that   realise what was in the deposit and we
                                                          aren’t economic and     had someone with those skills to bring it
                                                          won’t be economic,” Kel-  all together.”
                                                          ly said.                 While Kelly can attest to the varied
                                                           “You also have to      mix of skillsets required to make junior
                                                          know when to walk away   companies successful, he said explor-
                                              Dave Reeves  as well.”              ers needed an “innate curiosity”.
                                                           Kelly said he was cer-  “You are not getting things given to
                                                          tain there was plenty of   you on a plate, you are starting with
         Fields  and  Northern  Star  can utilise to   gold still to be found in WA and chal-  nothing and trying to do something from
         great effect, however, the priorities of   lenged his peers in the industry to tackle   that,” Kelly said.
         daily production targets needs to be bal-  exploration differently in the
         anced with ample attention to explora-  future.
         tion, Mulroney said.                  “It  may be a simple mat-
           “We’ll keep doing it while our share-  ter of turning the rig around,”
         holders allow us to explore,” he said.  Kelly said. “It is easy to say
           “It is always the challenge, people in a   something is pretty sim-
         production environment have huge data-  ple, but then again…it is all
         flows coming in every day…which needs   about timing, people having
         to be able to be processed and thought   new ideas and concepts.”
         about in clarity.                     Mulroney agreed with Kel-
           “Various state governments [are also]   ly, saying that Northern Star
         starting to recognise the need to get   had  prospered  from  other
         information and  are putting out  these   companies’ assets that had
         datasets which will allow everyone in the   lacked investment  and at-
         industry to reassess much more quickly   tention.
         how to deal with cover and allows us to   “Changing the thinking
         conceptualise stuff more technically.”  of quite a few of things and
           The type of clear mind needed to di-  perhaps revisit that discov-
         gest geological settings in the right con-  ery hole that was drilled
         text is something Kelly was able to apply   back in the late 1980s, but is
                                             still sitting in the dataset and
                                             hasn’t been thought about              Stuart Mathews and Michael Mulroney
                                             with new ideas and new
                                             concepts. We really need to be chal-
                                             lenging those concepts and really work-  “People in my game need a self-start-
                                             ing hard at it,” Mulroney said.      ing attitude to look at things a little dif-
                                               Northern Star can afford the person-  ferently. It is quite frustrating as an ex-
                                             nel to  devote the  time to creating new   plorer to manage this constant trade-off
                                             exploration ideas and concepts, but that   of doing things systematically and taking
                                             is a scenario far more challenging for   time to look at things but then generating
                                             juniors and developers reliant on a small   news flow.
                                             band of jack-of-all trades to take an   “That is the major difference between
                                             emerging company up the value-chain.   the  juniors  and  majors,  which  is  really
                                               After compiling a suite of tenements to   driven by that news flow and being able
                                             fly under the Calidus banner, Reeves is   to recognise things and not taking any-
                                             now on the cusp of production at War-  thing for granted.”
                                             rawoona (fully permitted) in early 2022
                                             starting at an average 90,000 ozpa gold            – Mark Andrews
                                             before expanding  to 130,000  ozpa in
                                             Stage 2.
                                               “When we started it was quite simple;
                                             we needed one person because that
                                             was  our  budget.  We  needed  someone
                                   Allan Kelly

                                                                                    aUSTRaLIa’S PaYDIRT   JUNe 2021    Page 11
   6   7   8   9   10   11   12   13   14   15   16