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(27) stories found containing 'goldspot'


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  • AI machine learning for mineral exploration discovery

    Mining exploration becomes smarter with AI

    A.J. Roan, For Metal Tech News|Updated Jun 8, 2023

    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...

  • New Found bonanza VG visible gold discovery GoldSpot AI exploration

    AI-geologists team discover bonanza gold

    Shane Lasley, Metal Tech News|Updated Jul 2, 2022

    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...