A Few Thoughts On Optimism In Exploration

This slightly sarcastic piece was massively improved by contributions from 4 colleagues: -Brent, Owen, Neil & Mike- all of whom I’ve been lucky enough to know for years. Thanks chaps. You’ll be able to spot where I’ve used your stuff.

Optimist. noun

  1. a person who tends to be hopeful and confident about the future or the success of something. “only an eternal optimist could expect success”

Bananas

A bit like a 99-year-old man with heart failure buying green bananas, exploration geologists are optimists. We have to be. A bad case of pessimism would be a huge impediment to building a geological career that survives past the initial 5-minute interview with the VP Exploration.

A bunch of optimism

“Can I have a job please? I don’t think we’ll ever find anything, but I’ll give it a go if you pay me.”

“WTF? No. No. No. Who let you in? Piss off. I don’t need a depressed hat stand on my team. Please don’t slam the door.”

A wellness website  I picked at random for its daft name, has this to say about optimism. “(it) is a mental attitude characterized by hope and confidence in success and a positive future. Optimists … expect good things to happen….. Optimistic attitudes are linked to a number of benefits, including better coping skills, lower stress levels, better physical health, and higher persistence when pursuing goals.”  To which I’d add “poverty” if your optimism is directed at the junior mining sector, although strictly speaking that’s not really a benefit.

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The G-Word: Use and Misuse

With the advent of instant social media -the breakneck world of twitter and bulletin boards where everything and everyone is dissected by impatient investors- I’ve noticed a disturbing trend; a tendency to throw the moniker “genius” at any geologist running a junior that cuts a decent hole into a new discovery. This vexes me.

The junior exploration world revolves around new discoveries. It’s what we live for. Everyone gets excited when someone finds something significant; shareholders, management and the bankers all make money and new mines get built. Hats off to the individuals and teams that have made new economic discoveries. Huzzah.

Son, hang around long enough with me and you’ll be averagely intelligent too.”
“Thanks Dad, can’t wait.

I had the tingly pleasure of drilling a really hot hole once, but it was for a major company and I was a simple salaried geologist. The drill hole results didn’t make the news, but it was a belter. We cut 50m at 11g/t gold and couldn’t talk about it, which was shitty: it was completely immaterial to the big mining house.

If I’d drilled it for a junior company, the stock would’ve rocketed, and the next retail investment conference would be buzzing with people heading to our corporate booth to hear the inside scoop and tell us how amazing we were. I’d be writing this blog from my deck overlooking a warm, blue bay, plucking fresh mangoes from the tree and sipping fine, vintage rum. Alas, I’m in cold, rainy Vancouver, drinking lukewarm tea, squishing big, dopy ants waking up from the winter that think it’s fun to crawl up the inside of my back door. Such are the cards we’re dealt.

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Superstition & Mining

It all spells trouble.

Miners have more than their fair share of superstitions. The nasty, smelly bowels of the earth aren’t kind to those who choose to grub around down there, and the more you dig into the old lore, the more you realise how hard a job it was. Death was everywhere. Most miners were lucky to live past the ripe old age of 40. If rockfalls or dead air didn’t get them, silicosis was waiting in line, so it’s no surprise that they looked for signs to warn them away from danger and protect what scant longevity they had.

No way am I going in there… Nope.

I’m a scientist at heart and not generally a believer in the supernatural. Even so, I do hold a few superstitions; ones that I like to think are grounded in common sense. For example, never stick your head in a honey wagon tank. It’s really unlucky and your friends will stop inviting you to the pub. Or, another one that’s seen me safely through to a ripe old middle age: don’t smoke huge cigars in fiery coal mines.

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An A to Z of Mining Terms

Every geologist owns (or should own) an A to Z of geological terms. Mine is a dog-eared Penguin paperback; a nerd-fest of geoscience words that was used over and over when I was still learning the trade. It cost me 50 pence new in Portsmouth in 1981. Now that I’m an experienced professional with …ah hem..30+ years under my belt, and in theory I know what I need to know for the job, it sits discarded in a tattered box along with my sedimentary geology and stratigraphy texts (good riddance to them…)

Yup, that’s the one.

I was reminded of the old A to Z recently by my good friend Mario, currently COVID-stuck in Colombia. He suggested I put together an Urbancrows alphabetical list of some favourite mining terms; my own personalized dictionary with some customized definitions. It’s taken longer than I’d hoped and I had a tough time picking one word for each letter, but here goes. Enjoy.

PS: there are 2 terms under “C” because I had to write about Cornwall and its influence on the development of modern mining but wanted to include something else as well.

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