GoldSpot takes its AI expertise to Africa
Helping refine drill targets on Tembo gold project, Tanzania Metal Tech News – August 26, 2020
Last updated 9/2/2020 at 5:34am
GoldSpot Discoveries Corp. Aug. 20 announced that it will be applying its machine learning proprietary expertise to identify new exploration targets on Tembo Gold Corp.'s namesake gold project adjacent to Acacia Mining's 20-million-ounce Bulyanhulu Gold Mine in Tanzania's Lake Victoria Greenstone belt.
"We are very pleased to have engaged the services of GoldSpot Discoveries to assist in our planned exploration activity on the prospective Tembo project," said Tembo Gold President and CEO David Scott.
Exploration at Tembo over the past decade includes soil sampling, geophysics, lidar surveys, and drilling.
Highlights from drilling at Tembo include:
• 15 meters averaging 22.81 grams per metric ton gold.
• Six meters of 10.17 g/t gold.
• 3.55 meters of 16.58 g/t gold.
• 2.45 meters of 35.14 g/t gold.
This work has outlined a 2,000-meter-long area of near surface gold mineralization in three targets at Tembo.
GoldSpot will work with Tembo's technical team to analyze all available geological and remote sensing data to explore the potential for gold mineralization across the roughly 27,180-acre Tembo land package.
GoldSpot's technical team will homogenize, integrate, process and interpret exploration datasets such as mapped or logged lithology, geophysics, surface and downhole geochemistry, and structural data. The information derived from this work will be used as inputs into GoldSpot's artificial intelligence techniques.
Drill-ready gold targets and regional prospective areas generated from the AI will be validated by GoldSpot geoscientists and Tembo's technical team.
"Having reviewed the work done to date, the strong multidisciplinary GoldSpot team endorsed the project and will for the next 18-24 months be reviewing, reinterpreting and processing our data in close cooperation with our team, with a view to generating new targets, prioritizing these and those on which we have already conducted drilling."
Tembo is the latest in a growing list of companies in Africa, Europe, North and South America, and Australia that are taking advantage of GoldSpot's artificial intelligence driven mineral exploration techniques.
"An AI-company is only as strong as its people, and GoldSpot has built an arsenal of the brightest minds to have ever bridged the gap between geoscience and data science," said GoldSpot Discoveries Executive Chairman and President Denis Laviolette. "Due to our technological expertise and success cases, we have been inundated with engagement requests and have the luxury of picking the best explorers with the highest potential to work with. We are excited to bring our big data solution to Tanzania and the Lake Victoria Greenstone Belt."