GoldSpot AI explores Yukon's Keno Hill
Metallic Minerals uses tech to refine high-grade silver targets Metal Tech News – October 14, 2020
Last updated 10/13/2020 at 4:32pm
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 Keno Silver project, as we have numerous target areas across a 35-kilometer- (21 miles) wide district with a substantial exploration database," said Metallic Minerals Chairman and CEO Greg Johnson.
Group Ten Metals Inc., sister company to Metallic exploring Stillwater West platinum group elements-nickel-copper project in Montana, is among the growing group of mineral explorers taking advantage of GoldSpot's machine learning techniques.
"Our teams have meshed very well in the ongoing collaboration with Group Ten Metals, where our work is already delivering value to an exciting PGM and battery metals project," said GoldSpot Discoveries Executive Chairman and President Denis Laviolette.
GoldSpot is now meshing with Metallic's technical team to analyze the large amount of geological, geochemical and geophysical data covering the Vancouver, British Columbia-based exploration company's advanced and early stage targets in Yukon's historic Keno Hill Silver District.
"Their work, in tandem with our technical team's extensive knowledge of the Keno Hill silver district and similar high-grade silver districts globally, should add to our ability to quickly and cost-effectively refine and prioritize existing exploration targets while driving new high-grade silver discoveries in less explored areas of this prolific and famously metal-rich mining region," said Johnson.
More than 200 million ounces of high-grade silver have been mined in the Keno Hill region over the past century, making it one of the largest and richest silver producing districts in the world.
Metallic's 64-square-mile Keno land package covers the eastern portion of the district, as well as areas on the western and southern sides.
So far, Metallic has identified nine drill targets in the central and western parts of the project and has identified 10 large early staged targets for reconnaissance drilling in the eastern part of the district.
Earlier this year, Metallic carried out reconnaissance drilling on the eastern targets.
"Our 2020 exploration program continues at the Keno Silver project, where a second drill has been added to the program that is currently core drilling at advanced targets in the West Keno area," said Johnson. "This year's programs have been designed to expand areas of known silver mineralization in the advanced target areas, as well as to test a number of exciting new multi-kilometer-scale targets on the eastern part of the Keno Hill silver district, which have never been previously drilled."
GoldSpot is looking forward to using its machine learning expertise to help narrow the search for high-grade silver.
"We are excited to be working on a silver-focused project in a data-rich historic mining district that is a perfect fit for our cutting-edge technologies," said Laviolette.