The Elements of Innovation Discovered
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Whether exploring and mapping a historical underground mine for the first time since it was shuttered during World War II or generating more detailed maps of a modern operation, drones that navigate the labyrinth of ramps, declines, stopes, and other underground environs without reliance on the global positioning system or human guidance can make subterranean mine surveying safer, faster, and more accurate. Ascot Resources Ltd. and Northern Star Resources Ltd. are amongst the...
Already pushing the boundaries of portable energy storage technology through its development of solid-state batteries, Energy Exploration Technologies Inc. or EnergyX, announced a US$50 million funding from General Motors Co. to help the company develop its lithium extraction and refinery technology. EnergyX's direct lithium extraction (DLE) technology can extract lithium metal directly from brine and potentially in anode-ready form for electric vehicle batteries, enabling a...
Artificial intelligence company GoldSpot Discoveries Corp. Dec. 16 announced the acquisition of DigiGeoData Inc. to bolster its digital science and AI mineral discovery capabilities with mapping software. "The acquisition of DigiGeoData is integral to our overall strategy of bringing prospectors, explorers, as well as institutional and retail investors enhanced transparency and decision making in the discovery process," said GoldSpot Discoveries Executive Chairman and...
GoldSpot Discoveries Corp. Aug. 18 reported that its collaboration with Margaux Resources Ltd. has turned up new gold targets on the Cassiar gold project in northwestern British Columbia. In May, the two companies announced that GoldSpot would be applying its proprietary machine learning techniques to analyze the extensive geological data that has been generated from decades of exploration and production at Cassiar. Working alongside Margaux' technical team, GoldSpot has...
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...
Artificial intelligence and machine learning have provided Pretium Resources Inc. with a cutting-edge in discovering new high-grade gold deposits that could extend the life of its Brucejack Mine in British Columbia's famed Golden Triangle. Before the start of a 2021 drill program seeking new high-grade gold deposits at Brucejack, Pretium employed the services of GoldSpot Discoveries Corp., a technology company that leverages the power of machine learning to help mineral...
Extremely hard and with the highest melting point of all the metals, tungsten's toughness is legendary. Like many of the other metals that have found their way onto critical mineral lists in Canada, Europe, and the United States, this durable metal is vulnerable to Chinese control. "World tungsten supply was dominated by production in China and exports from China," the U.S. Geological Survey inked in its 2021 mineral commodities report. It is estimated that mines in China...