The Elements of Innovation Discovered
The Elements of Innovation Discovered
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StartUs Insights, a global data science company that specializes in technology startup companies, recently named its top five artificial intelligence mineral exploration startups. AI and machine learning are showing the potential to improve the success of utilizing increasingly large and complex datasets needed to identify economically viable sources of ore that are become scarcer and deeper in the earth. Mineral exploration involves the collection, processing, and...
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., already known for using machine learning to assist mineral exploration companies, has added new core imaging technology that explorers can use in determining viable drill targets. This new tech, LithoLens, is a relogging workflow system powered by machine learning to turn drill core photographs into digital images and uses deep learning algorithms to enhance images and extract information. GoldSpot has recently partnered with Calibre Mining Corp....
Metallic Minerals Corp. is applying GoldSpot Discoveries Corp.'s proprietary machine learning technology and geoscience expertise to help refine drill targets at its Keno Silver project in Canada's Yukon Territory. In recent months, GoldSpot has collaborated with a wide variety of exploration and mining companies with projects around the globe by applying cutting edge artificial intelligence algorithms. "GoldSpot's innovative AI techniques are particularly relevant to our...
Two companies at the forefront of applying artificial intelligence to the mining and mineral exploration sectors are teaming up to provide investors and researchers powerful and user-friendly maps to explore mineral properties by geography, commodity, or deposit type. Minerva Intelligence Inc., a Vancouver, British Columbia-based company that provides a suite of software and cognitive AI applications to mineral exploration companies, will be developing these interactive maps...
Burgeoning startup LexSet is taking an innovative approach to artificial intelligence training by creating an infinite amount of information by generating synthetic data. Based in Brooklyn, New York, the now synthetic data generation company did not initially start with plans to become so. Originally focused on creating a spatially aware AI for interior design, their vast accumulation of data inevitably led them to discover the potential of synthetic data for powering visual...
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...
With many mineral exploration geologists self-isolating behind a computer screen instead of out in the field breaking rocks, artificial intelligence offers a means of generating new exploration targets with the reams of previously collected geological, geochemical and geophysical information. Minerva Intelligence, which is redefining the emerging industry of artificial intelligence-assisted mineral exploration, believes the TERRA Mining AI suite of software services it has to...
White Gold Corp. is adding artificial intelligence to the exploration toolbox at its disposal as the innovative company unlocks the massive gold potential of its namesake district in the heart of Canada's Yukon Territory. White Gold already employs a systematic exploration strategy that combines traditional mineral exploration techniques such as soil sampling and good old-fashioned prospecting with state-of-the-art technologies such as the use of drones for lidar mapping and...
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...
