EarthLabs predicts mineral targets at SPJ
GoldSpot AI identifies high-priority trend at Ontario project Metal Tech News - September 2, 2022
Last updated 9/13/2022 at 3:03pm
EarthLabs Inc., the newly formed holding company that now encompasses GoldSpot Discoveries Corp., announced that the use of its artificial intelligence has successfully assisted MacDonald Mines Exploration Ltd. to intercept copper, gold, and silver with recent drilling at the high-priority Alwyn target in Ontario, Canada.
You can read about the company's restructuring under EarthLabs at GoldSpot forms EarthLabs for mining tech in the July 22, 2022, edition of Metal Tech News.
Alwyn, a newly discovered target identified using GoldSpot's AI, is one of many SPJ, a polymetallic IOCG (iron oxide copper gold) project enriched with copper, nickel, platinum group metals, cobalt, silver, and rare earths that lies about 40 kilometers (25 miles) east of the prolific Sudbury Mining Camp.
At 194 square kilometers (75 square miles), this project covers three townships and includes the historic Scadding Mine, which produced approximately 29,000 ounces of gold from ore averaging 7.2 grams per metric ton gold.
Through the ongoing collaboration between MacDonald and GoldSpot, 53 priority targets have been identified on SPJ, including five areas considered high priority.
In addition to Alwyn, these include Glade, McLeod, Scadding, and Pine, which GoldSpot's AI and geoscience work indicate the first three targets potentially extend between 1,000 to 3,000 meters in strike length.
MacDonald struck gold with 696 meters of oriented diamond drilling completed in five holes that tested the first high-priority area at Alwyn in May. Highlights of the phase-one drilling at Alwyn include:
• 90.44 meters averaging 0.17% copper, 0.36 g/t gold, and 0.28 g/t silver in hole AW-22-101.
• 41.53 meters averaging 0.24% copper, 0.43 g/t gold, and 0.41 g/t silver in hole AW-22-102.
• 13 meters averaging 0.29% copper, 0.82 g/t gold, and 0.33 g/t silver in hole 102.
Broad intervals of mineralization were intersected in all five holes in the Alwyn Trend, with up to 2% chalcopyrite, trace bornite, and variable pyrite present.
Additionally, MacDonald says the mineralized zones are characterized by multi-directional networks of five to 10% quartz-carbonate and carbonate veins and sulfide mineralization. Furthermore, the copper-gold mineralization is open in all directions and confirmed over a strike length of 115 meters within the 2,500-meter trend deduced by EarthLabs.
"These promising drill results at Alwyn certainly supports the work undertaken by EarthLabs machine learning application along with their geoscience team and the MacDonald Mines technical team which identified a potential 2.5 km long trend favorable to host a large polymetallic system," said MacDonald Mines President and CEO Gregory Romain. "We look forward in continuing to explore Alwyn and the other four high priority targets identified by EarthLabs."