IBM’s Watson supercomputer is being employed to help look for gold in northwestern Ontario’s Red Lake mining camp. Goldcorp and the U.S. tech giant have teamed up for an “innovative first” with a new product – IBM Exploration with Watson – that employs artificial intelligence to predict the potential for gold mineralization using exploration data sets from the company’s Red Lake Gold Mines.
A Nov. 26 Goldcorp news release said IBM Exploration with Watson help geologists find key information in a fraction of the time and cost of traditional methods through the use of spatial analytics, machine learning, and predictive models.
“The potential to radically accelerate exploration target identification combined with significantly improved hit rates on economic mineralization has the potential to drive a step-change in the pace of value growth in the industry,” said Todd White, Goldcorp’s executive vice-president and chief operating officer in a Nov. 26 statement. Continue Reading →