Indicated, Inferred, Imaginary: The Discovery of Busang – The “World’s Largest Gold Deposit”

Bre-X Minerals will “live in infamy” for falsely reporting the discovery of the largest gold deposit in history (75 Moz Au) between 1994 – 1997, in remote Bornean jungle. The unimaginable corporate fraud was only exposed following the “suicide” of its Exploration Manager.

This talk by Joseph Ogierman outlines the his involvement in the discovery of Busang in the late 1980s, the “boom to bust” frenzy that surrounded it , and its profound impacts on exploration and reporting.

Speaker

Joseph Ogierman
Joseph is an exploration geologist based in Adelaide who has worked or studied on 4 continents. He has led teams whose work has directly led to defined resources for precious and base metals, diamonds, manganese and iron, including a world-class Au-rich base metal deposits. Several projects have been successfully mined or are currently being developed.

 

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