Samso Insight Episode 107 is with Andrew Drummond who is the author of two books, Rocks In Our Heads and More Rocks In Our Heads.
Andrew Drummond is a seasoned geologist who has seen and done numerous things that can only be described in a book and on Samso Insights.
The book is a compilation of stories that showcase the extraordinary lengths which geologists are willing to go for the love of the job. This is a great insight into the thinking and the passion that make geologists such a special breed. Geologists do what they do for the love of the adventure and the discovery.
I think this is the nearest profession that takes the mind into the realms of adventure - the kind of adventure that is promoted in movies such as "Raiders of the Lost Ark". These guys are the "Indian Jones" of the world. The guy sitting in the African, South American, Mongolian pubs after a day´s work is what this book brings to the everyday readers.
People today think that the guy in the office is the real geologist or the guy sitting on a drill rig logging cores. They are not the ones that make these jobs available. It is the one who goes into the heat, rain, and sometimes dangerous places that makes projects work.
A story that I know which is not in any of the books, is that of Caigan Wang, the Managing Director of Tietto Minerals Limited (ASX: TIE) who has the sheer tenacity of going into the business of Africa to get the project for the company. The story of Caigan Wang is a story that could be in the two books written by Andrew Drummond is all about.
If you want to have a good read about how some of these non-Australian projects work and not work, or have an understanding of the amount of work that is required, get these books and get ready for the real adventure of exploration.
01:29 Andrew Drummond - Introduction.
02:54 The Background of Rocks In Our Heads.
05:52 The Essence of the Book.
06:24 Rob Duncan - A Chopper In Poli, Cameroon, 1975.
10:03 Do the old levels of determination still exist?
11:22 Tony Gates - East Timor, 1999.
14:49 Andrew on the future of the mineral exploration sector.
19:10 Rome was not Built in a Day.
22:11 The rollercoaster ride of a Geologist.
23:34 The exploration surprises.
24:14 Are there still Giant deposits to be discovered?
26:03 Where could be the next Frontier?
28:00 The Wild Card discovery of Julimar.
28:36 The Key of a Mineral System Exploration.
29:09 The Difficulty of Making a Discovery - More Rocks In Our Head.
31:05 More Rocks In Our Heads - Ore Bodies are Hard to Monetise.
33:09 The Hard stories of Real Mineral Exploration.
34:20 How do you Convince the Market you have a Good Project?
37:26 The Opportunities of a Big Brother.
38:30 The Motivation of the Chase to Discovery.
41:26 Andrew´s reflection on the two books.
About Andrew Drummond
Author and Geologist
Andrew has recently retired from the mineral industry.
He had a strong and successful background in the identification and acquisition of major mineral properties and projects; promoting and raising and managing of capital for their advancement; and in listing and managing public companies.
He has been a, or the, principal driver of ASX-listed Zephyr Minerals NL (now Lepidico Minerals Ltd), Westonia Mines Ltd (now Evolution Mines Ltd), Bonaparte Diamond Mines Ltd, and Minemakers Ltd, for each of which he has been an executive director. He has also been a director of several other ASX-listed and public unlisted companies, and of companies listed on the Toronto or Namibian stock exchanges.
Andrew had extensive experience in exploration, feasibility and mining in Australia, New Zealand, Namibia, The Philippines, Russia, China and several other countries.
Andrew is a geologist, having graduated with B.Sc (Hons) from Adelaide University in 1973. He is a FAusIMM, MGSA, and MAIG.
He has recently collected and edited a suite of stories, by largely Australian geologists concerning their efforts trying to find, deal upon or develop mineral deposits in far flung and exotic parts of the world. The stories have been published as "Rocks In Our Heads".
The second book is called "More Rocks In Our Heads".
The information or opinions provided herein do not constitute investment advice, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints. Read full Disclaimer.
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