ExpWatch version 2.1 (30 Apr 2007)

is now available for download and evaluation.

Ensuring that mining companies meet the minimum expenditure requirements for exploration is a critical component of sound tenement management, and protecting the company's primary assets - its tenements - from forfeiture. With the complexity of expenditure requirements - rolling anniversary dates, annual increasing commitments and consideration of project expenditure, this creates an ongoing administrative overhead, as well as a risk of errors, that multiplies as tenement holding increase.

ExpWatch is a Microsoft Office based application designed specifically for the WA mining industry to address many of the difficulties with expenditure reporting. It takes tenement and expenditure information from a number of sources (Tenement Schedule, Accounting systems, Mineral Titles Online, JV Partners, staff timesheets, planned exploration schedules etc), and combines them to produce simple reports that show the overall expenditure status of the company's tenement holdings and projects. Geologists and exploration managers can tell at a glance which tenements or projects are on target to meet expenditure commitments, and those tenements where expenditure falls short and there is a risk of being 'ambushed by the anniversary date'. As anniversaries pass, ExpWatch produces Form 5's, exemption applications and project expenditure exemption details.

System Requirements: Windows 2000/XP, Microsoft Office 2003, Internet Explorer 6 or later, broadband internet connection desirable but not essential. Versions also available for Office XP (2002) and Office 2000.

Pricing

ExpWatch version 3 costs $9600 for a 3 user license, plus $400 per additional user. This all inclusive up front fee includes installation, training, setting up tenements and projects, mapping accounting system cost codes and setting up import formats. Ongoing maintenance and support has three options: phone/email troubleshooting and updates for $2700/yr; detailed support and training, including setting up new accounting systems and datasets for $3600 per year; or a full data managed with 10 hours custom report writing for $6,300/yr.

Download

A fully operational version can be downloaded from here. Included is the manual, product overview and sample files. Available versions are:

• A small file that just contains the application and support files. This requires that you already have Microsoft Access 2003 installed on your computer. download (800K)
• If you do not have Microsoft Access 2003, download the Access 2003 runtime application here. You will need this before you can run MTAudit. download (35MB)
• A version for Microsoft Office 2000. You need to have Microsoft Access 2000 already installed to use this. download (800K)
• A version for Microsoft Office 2002 (XP). You need to have Microsoft Access 2002 already installed to use this. download (800K)

You can also view the user guide (Word format) to get a quick overview of ExpWatch. This includes screenshots of all of the forms, reports and major functions.

Update to version 2.1 released 30 Apr 2007

• Update for Office 2003
• Update for Office 2002 (XP)
• Update for Office 2000