Abstract: As China's risk exploration market starts and grows, exploration rights as a core asset of risk exploration capital market is of significance for ownership company if their values can be determined, which is difficult due to the nature of resource exploration. How to select the right evaluation method to measure the exploration rights values becomes critical. This paper analyzes the common methods with focusing on geological element order, which quite fits the exploration rights. This paper, aiming at some defects in this method, presents to set up expert system in different domains and to add financial and stock indexes in the geological element order, which can limit the evaluation risks at maximum.

Key words: risk exploration, capital market, exploration rights evaluation, geological element order, effect coefficient, value index

摘要： 随着我国风险勘查资本市场的建立与日益完善，探矿权作为风险勘查资本市场发行交易主体的核心资产，其价值的确定对于发行主体公司估值意义重大，而其价值的评估由于矿产资源的勘查特性而成为难题，如何选取适用于风险勘查资本市场发行融资主体的探矿权项目评估方法显得至关重要。文章分析了国内外常用的探矿权评估方法,并对地质要素评序法进行重点分析，明确了地质要素评序法是较适用于风险勘查市场发行融资探矿权项目评估方法，并针对该方法中的一些缺陷，提出设立不同领域专家库以及在价值评判指数表中加入金融、财务及股票市场等指数赋值标准，以最大限度的平抑评估结果风险。

关键词: 风险勘查, 资本市场, 探矿权评估, 地质要素评序法, 效用系数, 价值指数