The Elements of Innovation Discovered
The Elements of Innovation Discovered
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A promising concept in the mining industry, utilizing the technology of artificial intelligence to accomplish never before dreamed of precision in mineral deposit discovery. While not an entirely new concept, as companies become more familiar with machine learning, the rate of success in its calculations can only grow. Finding buried lodes of metals that are economic to mines has become more difficult with time. If you examine the past twenty years of exploration expenditure...
GoldSpot Discoveries Corp. Aug. 18 reported that its collaboration with Margaux Resources Ltd. has turned up new gold targets on the Cassiar gold project in northwestern British Columbia. In May, the two companies announced that GoldSpot would be applying its proprietary machine learning techniques to analyze the extensive geological data that has been generated from decades of exploration and production at Cassiar. Working alongside Margaux' technical team, GoldSpot has...
GoldSpot Discoveries Corp. Aug. 11 said it has been hired to apply its artificial intelligence driven mineral exploration expertise to identify new targets on AEX Gold Inc.'s large portfolio of high-grade gold properties in southern Greenland. "We are delighted to be partnering with GoldSpot in this venture, a company with a stellar reputation and a wealth of experience in helping mining companies identify new exploration targets," said AEX Gold Executive Vice President and...
From taking on a new gold exploration project in British Columbia's famed Golden Triangle to hitting gold with an artificial intelligence targeted drill hole in Ontario, it has been a busy week for GoldSpot Discoveries Corp. On May 4, GoldSpot reported promising results from machine learning mapping on Manitou Gold Inc.'s Patents property, part of the larger Goudreau gold project in northeastern Ontario. One of the holes generated from this AI work, MTU-20-14, cut 0.5 meters o...
Artificial intelligence and real boots-on-the ground geological investigations have resulted in a significant new high-grade gold discovery at New Found Gold Corp.'s Queensway project in Newfoundland. Formerly known as the Linear project, Queensway is a massive land package covering at least 17 known high-grade gold showings along a roughly 55-mile- (88 kilometers) stretch of the Central Newfoundland Gold Belt. To help identify the best drill targets across this roughly...
