The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Engages GoldSpot to help refine drill targets on Yukon project North of 60 Mining News – April 2, 2021
Copper mineralization in core from 1980s drilling at Carmacks North Zone A, an exploration targets outside the Carmacks resource area.
The Granite Creek technical team will work closely with GoldSpot Discoveries to analyze geological, geochemical, and geophysical data from exploration projects across the Carmacks and Carmacks North project.
Granite Creek Copper Ltd. is leveraging the power of artificial intelligence to help discover more copper, gold, and silver across its Carmacks and Carmacks North project in the Yukon.
After acquiring Copper North Mining Corp. late last year, Granite Creek expanded its land position within Yukon's Minto Copper Belt to 176 square kilometers (68 square miles). This merged land package includes the Carmacks deposit, which hosts 23.76 million metric tons of resources averaging 0.85% (446 million pounds) copper, 0.31 grams per metric ton (237,000 ounces) gold, and 3.14 g/t (2.4 million oz) silver.
Numerous other targets have been identified across the company's expanded land package.
To help refine these targets for drilling, Granite Creek has turned to the proprietary machine learning technology and geoscience expertise of GoldSpot Discoveries Corp., a mining-focused technology company that applies cutting-edge AI algorithms to significantly increase the efficiency and success rate of mineral exploration.
"GoldSpot's innovative AI techniques are particularly relevant as we have numerous multi-kilometer target areas across a 176-square-kilometer highly prospective land package, with an extensive exploration database," said Granite Creek Copper President and CEO Tim Johnson. "Their work, in tandem with our technical team's extensive knowledge of the Minto Copper Belt will allow us to quickly refine and prioritize existing exploration targets while driving new discoveries in less explored areas of this prolific, high-grade copper district. We look forward to providing more comprehensive updates and further information as we start to receive results from our ongoing programs and begin our work with GoldSpot."
Over the past two years, numerous mineral exploration companies have applied GoldSpot's AI-powered exploration expertise, including two companies with close ties to Granite Creek.
Granite Creek is part of the Metallic Group, a mineral exploration collaboration that also includes Metallic Minerals, which is applying GoldSpot AI to the exploration of its Keno Silver project in the Yukon, and Group Ten Metals, which engaged GoldSpot for exploration at its Stillwater platinum group metals-nickel-copper project in Montana.
"We are extremely pleased to be engaged again by the Metallic Group," said GoldSpot Discoveries Executive Chairman and President Denis Laviolette. "Our teams have meshed very well in the ongoing collaboration with Metallic Minerals and Group Ten Metals where our work is already delivering value to these exciting exploration projects. We look forward to building our relationship with Granite Creek and achieving exploration success with them."
Granite Creek's technical team will work with GoldSpot to analyze geological, geochemical, and geophysical data from advanced and early-stage targets at Carmacks. Results from this work will help refine drill targets. Granite Creek plans to test some of these targets during the 2021 program, slated to get underway in early May.
More information about GoldSpot Discoveries and some of the mineral exploration projects it is involved with, including Metallic Minerals' Keno Silver project can be found at https://www.metaltechnews.com/search/goldspot.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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