Goldcorp and IBM Canada announced IBM Exploration with Watson will improve predictability for gold mineralization. The solution, codeveloped by the companies, applies artificial intelligence to predict the potential for gold mineralization and uses powerful search and query capabilities across a range of exploration datasets, the partnership reported. Developed using data from Goldcorp’s Red Lake Gold Mines in northern Ontario, IBM Exploration with Watson leverages spatial analytics, machine learning and predictive models, helping explorers locate key information and develop geological extrapolations in a fraction of the time and cost of traditional methods, the partnership reported. At Red Lake, IBM Exploration with Watson provided independent support to drill targets planned by geologists via traditional methods and proposed new targets, which were subsequently verified. Drilling of some of these new targets is ongoing, with the first target yielding the predicted mineralization at the expected depth, the partnership reported. The IBM Watson initiative recently earned Goldcorp a prestigious Ingenious Award in the large private sector category from the Information Technology Association of Canada (ITAC). The ITAC award for Goldcorp’s Cognitive Journey recognizes excellence in the use of information and communications technology by organizations to solve problems, improve performance, introduce new services and grow business.
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