Good news Minerva provides AI results to Triumph Gold for the Freegold Mountain Project, Yukon
August 4, 2021, 08:00 ET
Vancouver, BC – Minerva Intelligence Inc. (TSXV:MVAI) (“Minerva” or “the Company”), an artificial intelligence (AI) company focused on knowledge engineering, is pleased to announce delivery of results of geochemical analysis for the Freegold Mountain Project, owned by Triumph Gold Corp. (“Triumph Gold” or “Triumph) (TSXV: TIG). Minerva utilized both DRIVER, the Company’s cutting-edge AI software, and K-Means Cluster Analysis to undertake evaluation of multi-element drilling data in order to enhance understanding of Triumph’s Nucleus and Revenue deposit areas.
Results contributed to Triumph’s understanding of the complex geology and mineralization of the Nucleus and Revenue deposits, providing valuable information with which to guide plans for the next phase of evaluation of the extensive property. Results included:
1. At the Nucleus Deposit, 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
2. At the Revenue Deposit, DRIVER has identified under-evaluated areas at the northeast and southern contacts of the intrusive breccia providing credible drill-ready exploration targets
3. In the Revenue-Nucleus Area, K-Means Cluster Analysis highlighted semi-quantitative alteration styles allowing for robust modelling and vectoring toward zones of high-grade mineralization
John Anderson, Triumph Gold’s Interim CEO, Chairman and Director, was thrilled with the results. “DRIVER is like a silver bullet for exploration targeting,” said Anderson. “We saved hundreds of thousands of dollars using DRIVER to identify and verify a large number of exploration targets, giving us absolute confidence in our upcoming drill program.”
“Our ongoing relationship with Triumph Gold is a win-win for our respective companies,” said Minerva CEO Scott Tillman. “Triumph’s embrace of our state-of-the-art mining and exploration software is proof positive of the value our cognitive AI technology can bring to mining and exploration companies, regardless of their size.”