Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release it engaged GoldSpot Discoveries Corp. to analyze, using its proprietary machine learning technology, the geological, geophysical and geochemical data from the explorer's flagship Keno project in Canada's Yukon Territory.
"GoldSpot's innovative AI techniques are particularly relevant to our Keno silver project, as we have numerous target areas across a 35-kilometer-wide district with an extensive exploration database," Metallic Minerals Chairman and CEO Greg Johnson said in the release.
GoldSpot's work, "in tandem with our technical teamís extensive knowledge of the Keno Hill silver district and similar high-grade silver districts globally, should add to our ability to quickly and cost-effectively refine and prioritize existing exploration targets while driving new high-grade silver discoveries in less explored areas of this prolific and famously metal-rich mining region," Johnson added.
"We are excited to be working on a silver-focused project in a data-rich historic mining district that is a perfect fit for our cutting-edge technology," GoldSpot Executive Chairman and CEO Denis Laviolette said in the release. "We can't wait to get started."
"Our 2020 exploration program continues at the Keno Silver project, where a second drill has been added to the program that is currently core drilling at advanced targets in the West Keno area,"Johnson said. "This year's programs have been designed to expand areas of known silver mineralization in the advanced target areas, as well as to test a number of exciting new multi-kilometer-scale targets on the eastern part of the Keno Hill silver district, which have never been previously drilled. We look forward to providing more comprehensive updates and further information as we start to receive results from our on-going programs and begin our work with GoldSpot." [NLINSERT]
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Metallic Minerals. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Metallic Minerals, a company mentioned in this article.