SENIOR EXPLORATION

MANAGEMENT COURSESeptember 12–15, 2011, 8:30 am–5 pm

SEG Conference Center, Littleton, Colorado

Organizer: Society of Economic Geologists (SEG)Presenter: Western Mining Services (WMS)

SCOPE

This four-day training course concerns the principles and practices of effective exploration management. The curricu-lum covers the spectrum of mineral exploration business issues that typically confront senior exploration managers.Participants will leave with a better understanding of 

• Mineral exploration at the strategic scale – the roles of greenfields and brownfields exploration indevelopment and implementation of corporate operating and growth strategies;

• Designing and managing exploration programs and portfolios;• The importance of group structure, program design, process discipline and effective people manage-

ment in achieving exploration group objectives;• Opportunity generation including the exploration search space concept, targeting science and the appli-

cation of targeting models; and• How to conduct new opportunity due diligence, build and negotiate land and minerals access transac-

 tions, and manage non-technical risks to achieve enhanced project economics and maintain the nec-essary licenses to operate exploration projects in varied risk environments.

The course format utilizes both lecture and workshop and stresses interactive thinking and problem solving.Participants will work in teams to design solutions to exploration management challenges and will present their results

 to the larger group. The course will be limited to 30 participants.

 WHO SHOULD ATTEND?

This course is ideal for regional and country exploration managers and for senior project managers who are on track  to move into positions of senior responsibility. It is also appropriate for geoscientists and commercial managers whohave senior exploration management roles in their futures and for government and academic professionals who inter-act extensively with the mineral exploration industry.

REGISTRATION & COURSE FEE

Register at http://www.segweb.org/activities/ • SEG Member: US$3,200 • Non-member: US$3,500

CANCELLATION POLICIES

Full payment must accompany the registration form. Written cancellations must be received by August 1, 2011, toreceive a refund, less 25% processing fee. After August 15, 2011, all fees are forfeited.

 

FACULTY 

 Jon Hronsky (BAppSci, PhD, MAusIMM, FSEG) Jon has more than 25 years of experience in the mineral exploration industry, primarily focused on project generation, technical innovation and exploration strategy development. Jon has particular expertise in gold and nickel sulfidedeposits, but has worked across a diverse range of commodities. His work led to the discovery of the West Musgravenickel sulfide province in Western Australia. Jon joined Western Mining Services in 2007 and has subsequently con-sulted to a wide range of major and junior mining companies. Before joining WMS Jon was Manager-Strategy &Generative Services for BHP Billiton Mineral Exploration, and prior to that, he was Global Geoscience Leader for WMCResources Ltd. Jon was SEG Distinguished Lecturer in 2009.

Bart Suchomel (BA, M.Sc., RPG, FAusIMM, FSEG)Bart has over 25 years of experience in mineral exploration, including 14 years in corporate senior management roles.He has extensive experience in exploration strategy development and business planning. Bart is a principal/partner of 

 Western Mining Services and in this role he has provided assistance to numerous mining and exploration companiesin the areas of exploration strategy, planning, portfolio management and new project development. Prior to co-found-ing WMS, Bart was General Manager - Exploration for WMC Resources Ltd., responsible for WMC’s global explorationprograms including near-mine brownfields exploration. Bart is a past President of the SEG Foundation and serves on

 the SEG Audit and Investment Committees.

 Jeff Welborn (BA, JD) Jeff has over 35 years of experience in the mineral exploration industry – 25 years as a mineral lawyer, 8 years incorporate senior management roles in WMC Resources Ltd, and 6 years as a principal/partner of WMS. Jeff’s experi-ence covers the range of com-mercial, legal and risk manage-ment matters that comprise thenon-technical side of the mineralexploration and mining. Hisfocus is commercial, legal, andbusiness risk management at thesenior management level. Jeff 

 works with mining and explo-ration companies on non-techni-cal due diligence and risk man-agement aspects of newexploration opportunities and

 jurisdictions. He also assists WMS clients with matters thatinvolve commercial strategy,planning, deal analysis and nego-

 tiation and minerals/land access.

COURSE CURRICULUM

“WMS and the Centre for Exploration Targeting, University of Western Australia (CET) joinedtogether to present this Course in February 2010. Participant reviews were so positive that CETand WMS have decided to make the Course an annual event.” Prof. Cam McCuaig, CET Director.

DAY 1• Mineral Exploration Principles,

Philosophies and PortfolioManagement

• Mineral Exploration Strategy and Business Planning

• Mineral Exploration Tactics•  Introduction of main exercise –

 Exploration Challenge

DAY 2• Commercial

Management inMineral Exploration

• Mineral ExplorationTargeting Science andOpportunity Generation

• Group exercises

DAY 3• People and Teams• Ranking and

 Valuation of MineralExplorationOpportunities

• Group exercises

DAY 4• Exploration Challenge

– Team Presentations• Group discussion and

awards• Wrap-up