- Write by:
-
Friday, September 18, 2020 - 4:15:37 PM
-
62 Visit
-
Print
Mining News Pro - Cerrado Gold, a privately-owned Toronto-based mining and exploration company, will start applying a combination of geoscience and machine science to clean, unify and analyze data to target exploration at its Minera Don Nicolás project in Argentina.
Zoom:
To do so, the miner has engaged GoldSpot Discoveries (TSXV: SPOT) whose experts will work with Cerrado’s technical team to integrate and analyze geological and remote sensing data available in the area.
In a press rerelease, the companies said that the process will explore the potential for gold mineralization within the property to produce “GoldSpot Smart Targets.” These two-dimensional and three-dimensional targets fuse geoscience knowledge with data science insights.
“Our initial view that there is an abundance of opportunity for many additional deposits at MDN has only been confirmed since our acquisition,” Mark Brennan, Cerrado’s CEO and co-founder, said in the media brief. “Goldspot’s experience in the Deseado Massif and its technical processes will be of immeasurable assistance in uncovering priority targets.”
Located in the mineral-rich Deseado Massif in the province of Santa Cruz, the 273,000-hectare Minera Don Nicolás project is an open-pit gold mine with an associated 1,000 tpd carbon-in-leach gold recovery plant, aimed at producing 50-60koz/yr gold doré.
Current operations are focused on two mining areas, La Paloma and Martinetas, with material processed at a central plant facility.
Related News
Mining News Pro - Canada’s White Metal Resources announced that after receiving approval from the Namibian Ministry of Mines and Energy, it has started its 2020-21 ...
Mining News Pro - Moneta Porcupine Mines announced that the company has filed the technical report covering the preliminary economic assessment study on the South ...
Mining News Pro - Barrick Gold’s Kibali mine is on track to deliver at the upper end of its 2020 guidance, chief executive Mark Bristow said in a media release ...
Mining News Pro - Following its listing on the Toronto Stock Exchange on October 13, Newcrest Mining, Australia’s largest gold producer, hopes to improve the ...
Mining News Pro - Russia’s top gold producer Polyus said on Thursday its giant Sukhoi Log gold deposit in Siberia was the world’s biggest by reserves both among ...
Mining News Pro - Freeport McMoRan beat analysts’ estimates for third-quarter profit, as the miner benefited from higher gold prices due to the covid-19 pandemic and ...
Mining News Pro - Predictive Discovery will raise A$10.6-million through an institutional placement to fund exploration at its Bankan gold project, in Guinea.
Mining News Pro - Gold miner Nordgold has turned to the Australian Takeovers Panel in its quest to gain ownership of ASX-listed Cardinal Resources, claiming that the ...
Mining News Pro - Centamin shares fell over 20% Wednesday morning after the company announced its production would be lower than forecasted next year.