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(32) stories found containing 'AI'


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  • White Gold drill rig Vertigo gold target Yukon Territory

    Surprise, Titan targets for White Gold

    Shane Lasley, Mining News|Updated Sep 26, 2020

    White Gold Corp. is gearing up for another season of systematically advancing the dozens of exploration targets identified across its more than 1-million-acre (422,730 hectares) land package in Yukon's White Gold District. On May 15, the Yukon-focused gold exploration company announced that longtime strategic partners and new institutional investors are participating in a C$6 million financing that involves the issuance of 6.67 million flow-through shares at C90 cents each. Go...

  • Gold quartz veins at Taurus deposit Cassiar Golden Triangle British Columbia

    Margaux using AI to explore Cassiar gold

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Margaux Resources Ltd. plans to utilize GoldSpot Discoveries Corp.'s expertise in machine learning to leverage extensive geoscience data that has been collected through decades of exploration and production at Margaux' Cassiar gold project in northern British Columbia. Ultimately, the collaboration with GoldSpot announced by Margaux on May 4 is intended to identify and assess high-quality near-mine and regional gold exploration targets that minimize exploration risk. The...

  • Ucore lays out Bokan REE mine strategy

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Ucore Rare Metals Inc. has unveiled a three-tier strategy for delivering a non-Chinese source of rare earth elements to North American markets from its Bokan Mountain project in Alaska. Called M3, for mines, metals and markets, Ucore's plan to meet the needs of an independent rare earth supply chain in the United States includes three initiatives: advancing its Bokan-Dotson Ridge rare earths project in Southeast Alaska to shovel-ready status; developing an associated facility...

  • Artificial Intelligence AI machine learning generated gold drill targets

    Auryn to drill AI targets at Committee Bay

    Shane Lasley, Mining News|Updated Sep 25, 2020

    Auryn Resources Inc. is gearing up test intriguing drill targets that artificial intelligence has generated on the Committee Bay gold project in Nunavut. "We are looking forward to turning the drills again at Committee Bay and to offer our shareholders the possibility of a major high-grade gold discovery using cutting-edge artificial intelligence applications," said Auryn Resources Executive Chairman Ivan Bebek. At roughly 390,000 hectares (964,000 acres) Committee Bay is a...

  • Auryn Resources uses AI machine learning to hunt for Arctic gold in Nunavut

    Junior uses AI to hunt for arctic gold

    Rose Ragsdale, For Mining News|Updated Sep 25, 2020

    In a move many considered the stuff of science fiction or fantasy just 20 years ago, junior miner Auryn Resources Inc. has used artificial intelligence to help identify gold deposits at the Committee Bay Gold Project in Nunavut. Vancouver, B. C.-based Auryn gained control of the remote arctic exploration project in 2015 through its acquisition of North Country Gold Corp. At the time, Committee Bay was known to host significant gold mineralization, including its Three Bluffs...

  • Auryn uses AI machine learning to identify gold exploration targets Canada

    AI to assist Auryn in search for gold

    Updated Sep 25, 2020

    Auryn Resources Inc. Jan. 30 announced that it is employing an artificial intelligence program to assist in the targeting of high-grade gold mineralization at its 390,000-hectare (964,000 acres) Committee Bay gold project in Nunavut. To accomplish this cutting-edge step in geology and geoscience, Auryn has teamed up with Computational Geosciences Inc., a company that utilizes advanced software tools for data processing, inversion, interpretation, and targeting. These tools...

  • Auryn applies AI to search for Nunavut gold

    Shane Lasley, Mining News|Updated Aug 14, 2020

    A technically driven mineral exploration company, Auryn Resources Inc. has become known for applying some of the most advanced technologies in its search for gold in Canada. This year, Auryn teamed up with Computational Geosciences Inc. (CGI) to use artificial intelligence to assist in identifying the best drill targets at its 390,000-hectare (964,000 acres) Committee Bay gold project in Nunavut. VNet, a deep learning algorithm developed by CGI that requires expertise in...