Ideas into projects
Data, fieldwork and tenure turn geological ideas into opportunities that a partner can evaluate.
Meet the generators →Xtractore / An educational field guide
How mining
companies
are made.
Before a mine, there is an idea. Explore how geological opportunities become projects, partnerships and sometimes new companies.
Follow a project ↓IDEA → PROJECT → POSSIBILITY
Find the opportunity.
Fund the next question.
A generator can originate a project, then bring in a partner to fund the costly work of testing it.
In exchange, it gives up some ownership or control. It may retain a joint venture interest, shares, a royalty, or a negotiated combination. These are different claims on uncertain future outcomes.
A discovery is never assured. A project can stop long before it becomes a mine.
Understand the model
Projects into companies
A dedicated team and capital structure can give a project a new home. Forming a company does not prove the geology.
Explore the pathway →Understand what remains
Equity, project interests and royalties carry different funding obligations and risks.
Read the deal →Interactive field guide
Follow a project.
One geological idea. Different ways to fund the next step.
Entirely hypothetical. All amounts are illustrative Australian dollars, not valuations, forecasts, typical deal terms or a MineFinder transaction. Routes are alternatives; interests are not added together.
01 / Originate
Start with a target
A generator spends A$200,000 on tenure, data and initial fieldwork. It owns 100% of an early exploration project. There is no established resource.
02 / Choose a path
Failure branches before any sale or spin-out and before a completed earn-in. The funding-round toggle then has no effect.
Better questions.
Clearer understanding.
Who pays for the next stage? What does the generator keep? What happens if the partner walks away?
See sourced examples & questions →