The platform is known as IBM Exploration with Watson. This technology will allow geologists explore faster through other methods such as”spatial analytics, machine learning and predictive models.”
“The first step is to see if Watson can make that data more consumable for our geologists,” said Luis Canepari, vice-president of technology at Goldcorp. “It could organise it in a fashion that’s a lot easier to understand and access. So, that’s a huge win right there.”
“The potential to radically accelerate exploration target identification combined with significantly improved hit rates on economic mineralisation has the potential to drive a step-change in the pace of value growth in the industry,” said Todd White, Executive Vice President and Chief Operating Officer, Goldcorp.
“Timelines are short in mining and exploration. I am excited to see the improvements we can make with the data platform and gold mineralisation predictions,” Maura Kolb, Goldcorp’s exploration manager at Red Lake, said in a statement.
At PDAC 2017, both Goldcorp and IBM Canada announced that IBM Exploration with Watson will explore 80 years worth of data at Red Lake. This will in turn help geologists understand and identify other areas worth exploring. “These tools can help us view data in totally new ways. We have already begun to test the Watson targets from the predictive model through drilling, and results have been impressive so far,” added Kolb.