The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Prismo Metals brings ExploreTech xFlare technology to world-class copper project Heating up its exploration endeavors at the company's Hot Breccia project in the heart of the great Arizona Copper Belt, Prismo Metals Inc. has enlisted the support of Exploration Technologies Inc.'s xFlare artificial intelligence technology to assess the potential of this world-class copper target. "The Hot Breccia project should be an ideal place to apply xFlare," said Prismo Metals President...
Silicon Valley-based KoBold Metals is using the latest machine learning technology to expand its search for lithium across four continents that includes projects in the United States, Canada, Australia, South Korea, and Zambia. KoBold's interest in lithium began in Canada, where the high-tech mineral exploration company, backed by funding from Bill Gates, Jeff Bezos, and others, detected this critical battery metal near Glencore's Raglan nickel mine in northern Quebec. The...
In a surprising turn, EarthLabs Inc., previously GoldSpot Discoveries Corp., has sold its recently established ExplorTech Division to ALS Ltd. As part of the C$24 million transaction, including C$6 million in assumed liabilities, the newly formed ALS GoldSpot Discoveries, a subsidiary of ALS Limited, will now be heading the artificial intelligence mineral exploration that got EarthLabs where it is today. "The closing of the ExplorTech Division sale marks the beginning of an...
Seequent, the geodata company that offers powerful earth modeling solutions such as the Leapfrog Geo 3D modeling software for mining and mineral exploration, has added an artificial intelligence-driven geological modeling tool to its portfolio. Seequent's parent company, Bentley Systems Inc., acquired the geological division of Minerva Intelligence Inc., an AI software company that has developed tools for climate risk evaluation and geological modeling, for C$1 million...
Continuing a trend of supporting mineral exploration with its cutting-edge artificial intelligence and machine learning software, Minerva Intelligence Inc. has carried out a case study on the Lone Star gold zone on Klondike Gold Corp.'s Eldorado property in the Dawson Creek Mining District of Yukon, Canada. Evaluated using Minerva's DRIVER software, Klondike Gold says it was extremely impressed with the results. "The close agreement between DRIVER's model extents and...
EarthLabs Inc., the newly formed holding company that now encompasses GoldSpot Discoveries Corp., announced that the use of its artificial intelligence has successfully assisted MacDonald Mines Exploration Ltd. to intercept copper, gold, and silver with recent drilling at the high-priority Alwyn target in Ontario, Canada. You can read about the company's restructuring under EarthLabs at GoldSpot forms EarthLabs for mining tech in the July 22, 2022, edition of Metal Tech News....
As it continues to focus on leveraging artificial intelligence and data science to transform the mineral discovery process, GoldSpot Discoveries Corp. is reorganizing under EarthLabs Inc., a holding company that will encompass GoldSpot's portfolio assets and new corporate mission to create, acquire, and manage market-leading technology businesses in the resource exploration and development sectors. "To date, there is no doubt that GoldSpot has thrived in the mining sector...
A leading technology company that leverages machine learning and data science to transform the way mineral deposits are discovered and defined, GoldSpot Discoveries Corp. says 2021 was a pivotal year marked by corporate milestones and client success that sets the stage for its 2022 development strategy. "2021 was truly a transformational year of dynamic growth for GoldSpot," said GoldSpot Discoveries President Denis Laviolette. "Our acquisitions solidified our commitment to...
Looking to increase the speed and accuracy of establishing drill targets on its gold properties in Brazil, Jaguar Mining Inc. has signed a license for long-term use of Minerva Intelligence Inc.'s DRIVER, a proprietary artificial intelligence-driven product developed to allow mining companies to better understand and evaluate drill data to pinpoint superior targets, geometallurgical domains, and more through 3D modeling. "Jaguar is committed to embracing new technologies to...
GoldSpot Discoveries Corp. Jan. 31 announced it has been engaged by Western Exploration Inc. to apply its proprietary machine learning and geoscience expertise at the Aura gold-silver project in Northern Elko County, Nevada. Located just 32 kilometers (20 miles) north of First Majestic Silver Corp.'s Jerritt Canyon mine, Western Exploration's 6,000-hectare (12,825 acres) Aura project hosts three separate deposits – Doby George, Gravel Creek, and Wood Gulch. "Mineral e...
Blue Star Gold Corp. is among the latest in a rapidly growing list of mineral exploration companies leveraging the machine learning and artificial intelligence capabilities offered by GoldSpot Discoveries Corp. As the largest stakeholder along the High Lake Greenstone belt in Nunavut, Canada, Blue Star's Ulu, Hood River and Roma projects cover more than 40 high-grade gold occurrences over a 50-kilometer (31 mile) strike, with a majority of the two former projects being...
As one of the world's largest suppliers of natural resources, Australian mines employ close to 150 thousand workers and generate hundreds of billions of dollars worth of commodities the globe relies on. To make this supply of minerals and metals smoother, safer, and more efficient, Australia's largest mining company has turned to the artificial intelligence solutions offered by Razor Labs to transform its mining machines into smart machines. Founded in 2016, Israel-based...
Keeping up with its recent momentum, AI expert GoldSpot Discoveries Corp. has entered into a definitive agreement to acquire Ridgeline Exploration Services Inc., a privately held geological and logistical field services firm based in Kelowna, British Columbia. The acquisition will bolster GoldSpot's in-house geoscience capabilities and provide consistent, high-caliber input for the company's advanced artificial intelligence solutions. Founded in 2014 by two independent...
GoldSpot Discoveries Corp. June 16 announced a service agreement with Opawica Explorations Inc. to assist in the exploration of the mining junior's projects in the Quebec Abitibi Greenstone Belt and Central Newfoundland. "GoldSpot was born from an exhaustive pilot project generated from the decades of data collected on the Quebec Abitibi belt. As such, it is with great pleasure that we now announce our largest deal this year inclusive of additional royalty and royalty options...
Minerva Intelligence Inc. announced Feb. 19, the successful implementation of its TARGET software for Giga Metals Corp., with prospectivity results compiled for its Parnaiba Basin copper project in Brazil, leading to the decision to acquire new exploration permits. Minerva, finding success in its artificial intelligence-driven suite of mineral exploration software and services, was enlisted by fellow Canadian Giga Metals to use its expertise to determine new prospective...
Artificial intelligence and machine learning have provided Pretium Resources Inc. with a cutting-edge in discovering new high-grade gold deposits that could extend the life of its Brucejack Mine in British Columbia's famed Golden Triangle. Before the start of a 2021 drill program seeking new high-grade gold deposits at Brucejack, Pretium employed the services of GoldSpot Discoveries Corp., a technology company that leverages the power of machine learning to help mineral...
Leading artificial intelligence company GoldSpot Discoveries Corp. announced Aug. 16 not one, but two planned acquisitions to bolster the rapidly growing firm, continuing its incredible pace to transform the mineral discovery process using advanced machine learning. Included in its acquisition spree, GoldSpot entered into a definitive agreement with Spiel Technologies Ltd. and Pacific Website Company Inc. to purchase CEO.CA Technologies Ltd. CEO.CA owns and operates a leading...
