Prospect Generation

Term from Exploration industry explained for recruiters

Prospect Generation is the process of finding and identifying potential new areas for mineral exploration. It's like being a detective for mining companies - professionals look for clues in the ground that might lead to valuable mineral deposits. This involves studying maps, analyzing soil and rock samples, and using various tools to spot promising locations. This is typically the first step before any major mining activity begins. Some people also call this "target generation" or "grassroots exploration." It's a crucial skill in the mining industry because finding new viable mining locations is essential for mining companies to grow and replace their depleted resources.

Examples in Resumes

Led Prospect Generation program covering 5,000 square kilometers in Nevada

Successfully completed Target Generation studies resulting in 3 new gold discoveries

Managed Prospect Generation and early-stage exploration teams across South America

Typical job title: "Exploration Geologists"

Also try searching for:

Project Geologist Exploration Geologist Target Generation Specialist Mineral Exploration Manager Exploration Manager Senior Geologist

Example Interview Questions

Senior Level Questions

Q: How do you prioritize and rank multiple exploration targets in a large area?

Expected Answer: Should explain their methodology for evaluating multiple factors like geological potential, accessibility, permitting requirements, and budget constraints to make strategic decisions about which areas to explore first.

Q: Describe a successful prospect generation project you've managed from start to finish.

Expected Answer: Should demonstrate leadership experience, project management skills, and ability to take a project from initial targeting through to discovery or prospect advancement.

Mid Level Questions

Q: What methods do you use to identify new exploration targets?

Expected Answer: Should be able to discuss various exploration techniques like geological mapping, geochemical sampling, geophysical surveys, and how they integrate different data types.

Q: How do you manage exploration budgets and resources?

Expected Answer: Should show understanding of cost management, resource allocation, and prioritizing exploration activities within budget constraints.

Junior Level Questions

Q: What are the basic steps in prospect generation?

Expected Answer: Should explain the fundamental process of gathering geological data, analyzing maps, conducting initial surveys, and basic field work procedures.

Q: What safety considerations are important during field work?

Expected Answer: Should demonstrate awareness of basic field safety protocols, communication procedures, and emergency response plans.

Experience Level Indicators

Junior (0-2 years)

  • Basic geological mapping
  • Sample collection and documentation
  • Data compilation and organization
  • Field safety procedures

Mid (2-5 years)

  • Project planning and execution
  • Technical report writing
  • Budget management
  • Team coordination

Senior (5+ years)

  • Program strategy development
  • Team leadership
  • Advanced target evaluation
  • Stakeholder management

Red Flags to Watch For

  • No field work experience
  • Limited knowledge of basic geology
  • Poor understanding of safety protocols
  • Lack of experience with exploration methods
  • No knowledge of mineral deposit types