The renewed interest in the self‐potential method of exploration for mineral deposits gives an understanding of the self‐potential mechanism new importance. The cause of SP anomalies in general lies in the interference between simultaneously occurring nonequilibrium phenomena. However, theories of the mechanism of mineral SP anomalies generally relate the SP anomaly to the equilibrium potential of the chemical reaction supposed to occur on the ore body surface. In this paper, I reformulate these equilibrium mechanisms in terms of nonequilibrium thermodynamics. The result is that the SP anomaly depends not on the equilibrium potential alone, but also on the potential resulting from current transferred across the ore body—electrolyte interface. It is not possible to calculate the overpotential theoretically because of the number of complicating factors, and experimental data are not available. This does not imply that SP data are uninterpretable quantitatively. SP data may be interpreted similarly to other potential field data.
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