Case Study: Great Boulder Resources optimises land monitoring with maxgeo
We caught up with Daniel Doran, Exploration Manager at Great Boulder Resources, to gain insight into how maxgeo solutions helped the company optimise their tenement monitoring.
Great Boulder Resources, a leading mineral exploration company, focuses on high-quality gold and base metals in Western Australia. Their flagship asset, the Side Well Gold project near Meekatharra, unveiled a maiden gold resource in January 2023.
Additionally, the company explores for gold and base metals at the Whiteheads project near Kalgoorlie and the Wellington project in the Earaheedy Basin.
With the intensifying competition for exploration ground in Western Australia over the last 3-4 years, Great Boulder Resources recognised the crucial need to track tenement movements around Meekatharra.
Identifying free ground when available would offer significant advantages, but the in-house solutions were proving to be inefficient and time-consuming for the small team.
The maxgeo Solution
maxgeo presented its database services to Great Boulder Resources, introducing a cleaner and more refined product during the initial meeting.
The standout feature was the Land Monitoring Alerts option, providing a comprehensive solution to our company’s tenement tracking needs. maxgeo’s proactive outreach and introduction of the Land Monitoring Alerts option set it apart. While other alternatives existed, Great Boulder Resources found maxgeo to offer the easiest and most comprehensive solution to their specific needs.
The Land Monitoring service delivered the desired outcome, offering daily tracking of tenement movements. The daily email summaries highlighted surrendered tenements, new applications, and approaching expiry dates, allowing Great Boulder Resources to stay informed and take prompt actions.
Key features and attributes
- Daily email summaries of tenement changes.
- Identification of tenements approaching expiry.
- Detailed listings of dealings per tenement for better monitoring.
- Monitor by tenement list, polygon, radius and buffer.
- Add in areas of interest, and watch boundaries.
No issues have arisen with the product, and Great Boulder Resources are satisfied with the current functionality.
The product has met expectations and quickly delivered multiple benefits to us. We aim to expand the scope of tenement tracking in the future based on continued success with the Land Monitoring service.
Value for Great Boulder Resources
maxgeo’s product has been highly beneficial, directly identifying at least three opportunities for the company to monitor and peg tenements as they become available.
This self-sufficiency has potentially saved the company thousands of dollars and prevented share price dilution. The proactive monitoring of tenement changes and approaching expiries positions Great Boulder Resources with a valuable first-mover advantage in securing prospective land.
At maxgeo, we are delivering your data straight from the Mines Department to your database with a powerful suite of intelligence tools to monitor your own and competitors’ activities. Land Monitoring is one of the many solutions maxgeo provides to the exploration and mining industry around the world.