The 44th Sydney Mining Club and NM Rothschild & Sons

July 5th at 12.30 p.m.

Presents

Most would agree, Jacob Rebek is unique in major company exploration. He has the inspiration, lateral and inventive thinking of a junior explorer but for 30 years has worked in the engine room of the majors, leading CRA and Rio Tinto’s extraordinary diverse, exploration push. He is also a shining survivor of the Great Global Exploration Slash. Freshly back from three years in South America, Jacob is ready to let fly – with experiences, perspectives and new directions.

Exploration is now a new paradigm. As the mega-mergers draw to completion, the altitude between the canopy and the undergrowth has never been greater. If only a fraction of the good explorers among us work for the majors, should exploration be outsourced to juniors? He say “There are juniors that are straightforward – no BS, very good to work with, efficient, fast – there will always be a need for such juniors”. So how could this ‘outsourcing’ best work?

On the home front, Jacob admires Australia’s exploration “maturity” with high standard government information systems contrasting it with Chile where “we have to talk to locals and look for tracks and drill sites in the desert to find out what if anything has been done before”. He thinks we can find outcropping ore bodies of new unexpected types emphasising that black box exploration under cover is not the whole future. We should expect the un-expected – discoveries near main roads, neglected commodities, very high grade lodes where others were looking for bulk low grade. He says there are great opportunities for new discoveries right under our nose. Jacob is an engaging speaker with encyclopaedic experience.Not to be missed!

The Sydney Mining Club