Triumph turns to AI for Revenue targets
Mining Explorers 2021 - January 27, 2022
Last updated 1/26/2022 at 4:16pm
As a mineral exploration company that embraces new technology, Triumph Gold Corp. has leveraged the power of artificial intelligence to transform the massive amount of data generated from years of exploration at Freegold Mountain into previously unrecognized resource expansion targets around the Revenue and Nucleus deposits on this gold-copper project in Canada's Yukon.
A large and road-accessible project in Yukon's Dawson Range, Freegold Mountain hosts near-surface porphyry gold-copper deposits and related precious metals enriched polymetallic targets across a roughly 12-mile (19 kilometers) stretch of the property. The two most advanced deposits along this trend are Nucleus and Revenue.
Nucleus hosts 31 million metric tons of indicated resource averaging 0.65 grams per metric ton (748,000 ounces) gold and 0.07% (44 million pounds) copper; plus 9.4 million metric tons of inferred resource averaging 0.56 g/t (169,00 oz) gold and 0.04% (9 million lb) copper.
Revenue, located about 3,000 meters east of Nucleus, hosts another 11.4 million metric tons of indicated resource averaging 0.38 g/t (140,000 oz) gold and 0.12% (30 million lb) copper; plus 27.5 million metric tons of inferred resource averaging 0.51 g/t (446,000 oz) gold and 0.12% (73 million lb) copper.
To leverage the enormous quantities of data from years of exploration at Freegold Mountain, Triumph hired Minerva Intelligence Inc. to carry out an AI study focused on a roughly 3.5-mile area of the property that encompasses both Nucleus and Revenue.
"Having over 145,000 meters of drilling at the Freegold Mountain project, along with a massive amount of other exploration data, Minerva's AI engine has helped sharpen the focus of our new technical team," said Triumph Gold Vice President of Exploration Jesse Halle.
Minerva's DRIVER software utilizes the power of cognitive AI and cloud computing to analyze all the elements available in assay results to vector in on previously unrecognized areas of interest and improve future drilling.
Triumph says Minerva's analysis of the Nucleus and Revenue deposits have both bolstered the confidence in existing models and identified unrealized controls on mineralization.
At Nucleus, DRIVER revealed new vectors to gold and copper mineralization not characterized in the current mineral resource – delivering superior exploration models and a clear path forward for resource expansion.
At Revenue, DRIVER also identified drill-ready targets in under-evaluated areas of the deposit. Triumph says the DRIVER results agree very well with the current lithologic model, providing additional confidence for the technical team's interpretations.
In addition to the AI work, Triumph completed 6,615 meters of drilling in 19 holes around the Nucleus and Revenue resource areas; mapping and prospecting; and additional geophysical surveys.
"Triumph Gold has used improved deposit and geophysical modeling along with AI vectoring to identify and target underexplored areas of the Freegold Mountain project," said Halle.