The geologist cannot stand aloof, but must interact in a continuous exchange of information and ideas with other functions in his company. The geologist remains in the midst of the functional universe--from discovery of the mineral deposit through development and continuing to depletion.

The discovery of a potentially commercial deposit must be viewed with the following broad objectives: (1) definition of the economic value of the prospect by geologic analysis of the data that are known or can be developed, (2) preparation of comparative prospect ratings, which implies multiple successes in the exploration program or, at least, alternative investment opportunities, and (3) identification of the competitive position of other operators, because we live in a highly competitive business world.

The strategy required to pursue the objectives of prospect analysis involves (a) preparation of a preliminary economic evaluation, including the assembly and interpretation of all the geologic data from exploration phase; (b) comparison with other prospects and establishment of priorities through a rating system; (c) preparation of predevelopment evaluation based on priorities established and limited by availability of funds; (d) assessment of competitive position; and (e) communication of technical data to other functions on a continuing basis to insure the necessary flow of facts throughout the organization.

The geologic function is the bridge between the riches of nature and the technology of our civilization. Diligent application of the concepts of geology is desirable in our energy and material-oriented world.