[Integra Gold] Quebec gold miner pays $1M to scavenger hunt winners (Business Network News – March 10, 2016)

 

http://www.bnn.ca/

Andrew Bell interviews Integra Gold’s George Salamis and Guy Desharnais of SGS Geostat

Integra Gold (ICG.V -4.4%) could have used high-paid consultants to find new deposits buried in the digital archive of mining and exploration data it acquired as part of a deal last year. Instead, the Quebec-based explorer took to the internet offering a million-dollar pay day to anyone who could help them pinpoint promising drill sites.

More than 1,300 people from 90 countries signed up for the challenge and poured over more than six terabytes of data.

A team of Quebec natives from SGS Geostat beat out four other finalists with their hybrid solution that combines traditional geological evaluation with artificial intelligence and virtually reality. The team presented their findings using a virtual reality experience that takes you beneath the surface of the company’s Lamaque site in Val-d’Or, Quebec. Clusters of brightly coloured blocks indicate potential gold deposits – the brighter the colour, the higher the probability of finding the precious yellow metal.

For the rest of this article, click here: http://www.bnn.ca/News/2016/3/10/Quebec-gold-miner-pays-1M-to-scavenger-hunt-winners.aspx

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