New Zealand Gold Potential - Using Mineral Prospectivity Modelling to Evaluate Gold-Bearing Mineral Systems in an Underexplored Country

New Zealand has an established history of gold production beginning with the gold rushes of the 19th century in the Coromandel, Nelson/Marlborough, West Coast and Otago regions. Despite this, the number of significant modern hard rock gold operations has been limited in recent years due to a lack of sustained exploration capital and not limited geological prospectivity.The New Zealand Government is actively encouraging explorers to invest in New Zealand through a series of targeted promotional visits, more importantly through the acquisition of precompetitive regional geophysical data. Data collection has been completed over the prospective Northland epithermal district and a large portion of the South IslandÆs west coast that is prospective for both orogenic gold and intrusive related gold.Analysis of new data has been an important component in aiding the generation of exploration targets from prospectivity modelling. Determining the prospectivity of an area involves reviewing all the available data and analysing it with respect to the most up-to-date mineral system model for the mineralisation style of interest. Using the weights of evidence modelling approach, the most prospective areas for epithermal gold-silver, orogenic gold and intrusion-related gold have been identified. The key exploration parameters relevant to each mineral system are first represented spatially and then statistically combined into a single prospectivity map. New potentially economic deposits could be found by focusing exploration on targets identified from these models. The prospectivity modelling approach can greatly reduce the risk involved in mineral exploration.CITATION:Peters, K and McKenzie, C, 2013. New Zealand gold potential - using mineral prospectivity modelling to evaluate gold-bearing mineral systems in an underexplored country, in Proceedings World Gold 2013 , pp 479-486 (The Australasian Institute of Mining and Metallurgy: Melbourne).