Geosoft PDAC Master Slides

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Geosoft Bringing Canadian Exploration
Software to Russia Ash Johnson, Geosoft Victor
Ovcharuk, AGT Systems
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Agenda

• Introduction to Geosoft
• Activities to date
• Introduction to AGT Systems
• Software
• Applications
• Data Management
• Licensing
• Challenges

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Introduction to Geosoft

• Geographic Diversity
• Product Solution offerings
• Strategic Partnerships
• Consistent Growth
• Strong Technical Capacity
• Worldwide Customer Support

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Geosoft Applications
Oasis montaj is one of the most robust and
comprehensive geoscience mapping and processing
systems in the world. It is industry-standard for
geophysical datasets.
Target is essential drillhole plotting software
for exploration. Simplifies the processing and
visualization of subsurface drillhole and
borehole geology data.
Target for ArcGIS is extension software for
ESRIs ArcGIS. It simplifies and adds power to
visualization of subsurface geology data within
GIS.
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Geosoft Global Solutions

• The Geosoft Global Solutions Group is focused on
  enabling mining and exploration companies with
  world-class exploration information technology
  solutions throughout the entire exploration
  workflow. Leveraging both Geosoft and partners
  technologies, were focused on eliminating the
  complexity of exploration IT, delivering
  scalable, flexible capabilities backed by the
  high level of service our clients have come to
  expect from Geosoft.

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Activities in Russia to date

• First licenses in early 1990s
• Direct selling or through Equipment Manufacturers
• Geosoft Europe takes over in 2000
• Norilsk Nickel and Alrosa get first licenses
• Increasing demand, including for training
• Partner with Aerogeotech, whom soon become AGT
  Systems

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Geosoft Customers - global

• Top 40 Major and Mid-tier Mining and Oil and Gas
  companies
• 100 Government Surveys/Institutions
• 1000s of Consultants and Contractors
• 100s of Junior mining, Oil and Gas

• Significant Russian Clients

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Introduction to AGT Systems

• Delivering geo-technologies to the market for
  many years
• Marketing, engineering and geophysical personnel
  based in Moscow
• Geophysics, geology, geochemistry, geotechnical,
  drilling, mining equipment, training and
  specialised services
• Supplying Alrosa, Norilsk Nickel, Gazprom and
  many institutes of the Russian Academy of Science
• In 2006 supplied Canadian technology to Russia
  worth 3M.

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Exploration Software Requirements

• Global boom fuelling Russian resource sector
• Russian companies looking for global standard
  technologies
• Russian companies looking to invest abroad
• Despite many talented scientists and programmers
  in Russia, but little widespread software,

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Exploration Software Requirements

• True value of commercial software becoming
  understood.
• Support and Upgrades
• Longevity and global acceptance
• Ease of use and integration with other packages
• Increased interest in Geosoft applications

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Data Management - Challenges

• TIME It can take weeks to find enough data to
  even make some kind of decision.
• REWORK We drilled a bunch of holes in a similar
  spot years ago, and theyve gone and drilled
  holes again.
• LOST OPPORTUNITY We drilled a bunch of holes in
  a similar spot years ago, and now that
  information is gone. We need to drill the holes
  again!
• LOST PRODUCTIVITY Its not about the data, its
  about geoscientists, and making the information
  they need more readily available to them.
• COMPLIANCE Data issues related to regulatory
  requirements (SOX, Bill 198, NI 43-101)

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Data Management - Solutions

• Geosoft DAP server technology is middleware that
  connects your data, applications and people.
• Acts as a layer of software between the network
  and the applications
• Promotes standardization and interoperability,
• Simplifies how you find, use and manage your
  exploration data

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Challenges of supplying software to Russia

• Language
• Distance from Moscow/St. Petersburg
• Illegal software
• Change in attitude
• Different Geosoft business model for larger
  companies
• Culture and business practises
• Huge country
• Geosoft and AGT bringing technical workshops to
  the key exploration areas
• Teaching the next generation of geoscientists

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Conclusions

• Russia is a major market for Canadian exploration
  and mining technology
• Software is a significant part of that
  opportunity
• Some challenges, but major benefits to
  exploration companies
• By being close to the customer, Geosoft and AGT
  Systems can deliver true value through software
  and services