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GEOLOGY AND MINERAL POTENTIAL OF PORTUGAL

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Presentation on theme: "GEOLOGY AND MINERAL POTENTIAL OF PORTUGAL"— Presentation transcript:

1 GEOLOGY AND MINERAL POTENTIAL OF PORTUGAL
DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA GEOLOGY AND MINERAL POTENTIAL OF PORTUGAL GEOLOGICAL AND MINING CHARACTERISTICS PRECIOUS METALS BASE METALS OTHER METALS PRODUCTION AND INVESTMENT DATA LEGAL FRAMEWORK LUÍS MARTINS (HEAD OF THE MINES AND QUARRIES DEPARTMENT) GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

2 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOTECTONIC SETTING OF THE IBERIAN PENINSULA GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

3 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOLOGY OF PORTUGAL GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

4 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
MAIN GOLD OCCURRENCES AND DEPOSITS GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

5 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
In the Gralheira structure - a shear zone with several veins, running in a WSW-ENE direction, embedded exclusively within metasedimentary Silurian rocks and located NE of the Campo and Desvio lodes - the existence of a mineralised zone that extends for at least 1850 metres and is roughly 15 metres thick was determined. Recently, measured and indicated resources of tones, with a grade of 6,47 g/t of gold (2346,7 kg) and 27,12 g/t of silver (9482 kg), with a cut off of 4 g/t, were defined for this area. GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

6 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
(ad. Barriga et al. 1997, Carvalho et al. & Leistel et al. 1998, Matos el al. 2000) GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

7 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

8 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
OPENING BID FOR THE CONCESSION OF 3 AREAS IN THE IBERIAN PYRITE BELT 2nd TRIMESTER 2011 ALBERNOA – VS structure; possible continuation to SE of the Aljustrel lineament; Juliana old mine MÉRTOLA – Pomarão structure; São Domingos, Balança and Chança old mines; Serra Branca anomaly ALCOUTIM – possible continuation in depth of the Neves Corvo lineament; Barrigão, Cova dos Mouros old mines GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

9 NEVES CORVO: A WORLD CLASS DEPOSIT
DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA NEVES CORVO: A WORLD CLASS DEPOSIT To date, copper proven and probable mineral reserves at Neves-Corvo, are approximately 75,000 tonnes of contained copper. Copper measured and indicated mineral resources are now 41 million tonnes at 3.3%Cu. Zinc proven and probable mineral reserves at Neves-Corvo are 42.6 million tonnes. Neves-Corvo has economic evaluation extending to 2030 i.e. currently a 20 year horizon. GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010 The Mineral Resources are reported above cut-off grades of 1.0% for copper and 3.0% for zinc and the Mineral Reserves at a cut-off of 1.6% for copper and 4.3% for zinc. The Mineral Resources are reported above cut-off grades of 1.0% for copper and 3.0% for zinc and the Mineral Reserves at a cut-off of 1.6% for copper and 4.3% for zinc. The Mineral Resources are reported above cut-off grades of 1.0% for copper and 3.0% for zinc and the Mineral Reserves at a cut-off of 1.6% for copper and 4.3% for zinc.

10 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOTECTONIC UNITS AND MAIN W/Sn DEPOSITS AND MINES GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

11 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
Only the Panasqueira mine remains in operation. Here, in the beginning of 2009 a total of tones of reserves, with MTU WO3 and a cut off of 14 kg/m2 were defined. The mineralised zone consists of series of sub-horizontal quartz veins, which overlap and fill the joints of fractures occurring in schist rock. These veins vary in thickness from 1 to 150 centimetres, the average thickness of the veins currently being mined around the cm mark. GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

12 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
LOCATION OF THE MAIN URANIUM DEPOSITS GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

13 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
Today no mines are working, but recently several international companies showed interest in the Portuguese potential, specially in the Nisa deposit, where 2.5Mt with 0.11% U3O8 (cut off of 0.05%) of geological resources are estimated. GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

14 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
The Moncorvo deposit, composed of 5 ore bodies, is the most important iron deposit. Laboratorial tests showed that it’s possible to obtain concentrates with grades between 64% and 68% in Fe and 0,15% and 0,25% of P. Through metallurgical methods we can reach to iron concentrates with less of 0,10 % P. The proven and probable reserves of the Moncorvo deposit, with a total of 550 Mt of ore, are enough for produce 250 Mt of fine sinterized agglomerates with 60% to 65% Fe. GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

15 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
PRODUCING AREAS OF INDUSTRIAL MINERALS GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

16 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
PRODUCING AREAS OF ORNAMENTAL & INDUSTRIAL STONE GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

17 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

18 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

19 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
INVESTMENTS ON EXPLORATION GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

20 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

21 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

22 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
MINING INVESTMENT IN PORTUGAL - WHY? GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

23 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
SCHEDULE FOR GRANTING OF EXPLORATION RIGHTS DESCRIPTION OF THE DIFFERENT STEPS OF AN EXPLORATION APPLICATION FOR STATE OWNED RESOURCES TYPICAL TIMESCALE MONTHS 1 2 3 4 GENERAL ASSESSMENT OF THE APPLICATION APPLICATION PUBLICITY EVALUATION OF THE APPLICATION: AUDITION OF THE CONSULTATIVE BODIES; CLARIFICATION OF THE PROPOSALS; FINAL ADVICE FROM DGEG MINISTERIAL DECISION GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

24 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
MAIN ASPECTS OF AN EXPLORATION CONTRACT GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

25 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
FINAL REMARKS GOOD MINERAL POTENTIAL FOR SEVERAL SUBSTANCES DGEG SUPPORT AND INCENTIVES ATTRACTIVE LEGAL FRAMEWORK AND FAVOURABLE GOVERNMENT POLICY GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010

26 DIRECÇÃO GERAL DE ENERGIA E GEOLOGIA
谢谢 (xiè xiè) GEOLOGICAL RESOURCES FOR SOCIETY EXPOSHANGAI, 17/09/2010


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