Beament says seismic impact set to grow

THREE-D seismic survey data that “lit up like a Christmas tree” geological structures that host Northern Star Resources’ exciting new Zodiac gold discovery in Western Australia could be transformative for mineral exploration in Australia, according to the gold miner’s executive chairman Bill Beament, who has called on WA’s government to extend the state’s Exploration Incentive Scheme to cover geophysics spending.

Beament says seismic impact set to grow Beament says seismic impact set to grow Beament says seismic impact set to grow Beament says seismic impact set to grow Beament says seismic impact set to grow

The incentive scheme, which has won renewed support from WA's new government in the lead-up to next month's state budget, supplements some explorers' greenfields drilling costs.

Beament said the discovery value of new seismic survey technology developed in WA that was making "drilling exponentially more valuable" at several of the standout mid-tier gold company's sites needed to be recognised.

"The information seismic surveying give us is unparalleled technically in my view, let alone providing, on a bang-for-buck cost basis, a very, very good data set for the money that you spend," he told a Perth gathering including WA mines minister Bill Johnston that came together to launch a multi-client seismic study proposed for the Kalgoorlie region.

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