Resource discovery refers to finding valuable natural resources such as minerals, oil, or gold in previously untapped regions or areas.
Related terms
Natural Resources: Natural resources are materials found in nature that have economic value, such as water, timber, minerals, and fossil fuels.
Extractive Industries: Extractive industries are sectors involved in extracting natural resources from the earth, including mining, oil drilling, fishing, and forestry.
Boomtowns: Boomtowns are settlements that experience rapid economic growth due to resource discoveries or other sudden booms in industry or commerce.