Maple Gold Applies Machine Learning for High-Grade Gold Targeting at Douay
Maple Gold Applies Machine Learning for
High-Grade Gold Targeting at Douay
Montreal, Quebec--(Newsfile Corp. - July 7, 2020) -
Maple Gold Mines Ltd.
(
TSXV: MGM
) (
OTCQB:
MGMLF
) (
FSE: M3G
) ("
Maple Gold
" or the "
Company
") has engaged Computational Geosciences
Inc. ("CGI") to complete a new and expanded Artificial Intelligence ("AI") study for targeting high-grade
gold at Douay. This study will use all available digital datasets within a 128km² area centered on the
resource area (Fig. 1) in order to generate gold prospectivity maps and provide additional target areas
to validate and rank in advance of the Company's next phase of drilling later this year.
AI studies, as applied to Mineral Exploration, involve the application of automated mathematical models
(intelligent algorithms) to data-rich environments in order to allow recognition of subtle features or
patterns in the data that are not always evident to the human eye. CGI will be employing their proprietary
VNet segmentation deep learning algorithm to help the Company's targeting efforts.
The Company believes that the quality of its databases, together with CGI's rigorous methodology and
built-in interaction with the Company's geologists at all stages of the process, will result in a high quality
product that will allow for the definition of additional new drill targets.
Maple Gold's President and CEO, Matthew Hornor, commented:
"Our team is excited to
collaborate with CGI, a group we are very familiar with given their strategic partnerships with the Ivanhoe
group of companies. The last time any machine learning was applied at Douay was limited and more
than a decade ago. There is significantly more project data now, with more sophisticated algorithms and
increased computing power on the processing side. We are excited to complete this exercise in parallel
with our IP program as we refine and detail top priority discovery targets in advance of our planned
drilling in late Q3 or early Q4."
About VNet:
VNet is a customized convolutional neural network (CNN) that can handle an arbitrary number of
geoscience data inputs in either 2D or 3D. This customized CNN is sensitive to sparse or dense data
areas, can detect multiple feature resolutions (i.e. regional trends vs. local anomalies) and is scalable
across large areas. This style of deep learning for mineral exploration is an emerging technology that
requires expertise in geoscience data processing, data interpretation and artificial intelligence. The
biggest advantage of a data-driven solution is to extract subtle correlations across multiple datasets over
a large spatial area, all while reducing human bias. By generating targets with deep learning, and vetting
them with an experienced geoscience team, the expertise of the human is still utilized but complemented
by the power of the machine.
Fig. 1: Area of AI survey, including data-rich resource area and its extensions.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/3077/59246_c18e083584573b6c_001full.jpg
CGI's methodology includes a multi-step process that will involve close interaction between CGI and
Maple Gold geologists. The database review and validation step has largely been completed, with the
next step being the generation of preliminary prospectivity maps. Final results, prospectivity maps and a
corresponding report are expected in Q3.
About Maple Gold
Maple Gold is an advanced gold exploration and development company focused on defining a district-
scale gold project in one of the world's premier mining jurisdictions. The Company's ~355 km² Douay
Gold Project is located along the Casa Berardi Deformation Zone (55 km of strike) within the prolific
Abitibi Greenstone Belt in northern Quebec, Canada. The Project benefits from excellent infrastructure
and has an established gold resource that remains open in multiple directions. For more information
please visit
www.maplegoldmines.com
.
About CGI
Computational Geosciences Inc. is a world leading consulting company in artificial intelligence and
geophysical 3D inversion modelling. Our strength is the combination of geoscience data expertise within
the natural resource sector, coupled with innovative inversion and machine learning capabilities. By
leveraging these knowledge bases within our customized convolutional neural network architecture
(VNET), CGI applies a novel approach to prospectivity mapping in order to find the discoveries of
tomorrow.
Qualified Person
The scientific and technical data contained in this press release was reviewed and prepared under the
supervision of Fred Speidel, M. Sc., P. Geo., Vice-President Exploration, of Maple Gold. Mr. Speidel is
a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr.
Speidel has verified the data related to the exploration information disclosed in this news release
through his direct participation in the work. For a complete description of protocols, please visit the
Company's QA/QC page on the website at:
http://maplegoldmines.com/index.php/e n/projects/qa-qc-qp-
statement
.
ON BEHALF OF MAPLE GOLD MINES LTD.
"Matthew Hornor"
B. Matthew Hornor, President & CEO
For Further Information Please Contact:
Mr. Joness Lang
Executive Vice-President
Cell: 778.686.6836
Email:
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.
Forward Looking Statements:
This news release contains "forward-looking information" and "forward-looking statements" (collectively
referred to as "forward-looking statements") within the meaning of applicable Canadian securities
legislation in Canada, including statements about the prospective
mineral potential of the Porphyry Zone,
the potential for significant mineralization from other drilling in the referenced drill program and the
completion of the drill program. Forward-looking statements are based on assumptions, uncertainties
and management's best estimate of future events. Actual events or results could differ materially from the
Company's expectations and projections. Investors are cautioned that forward-looking statements
involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking
statements. Forward-looking statements include, but are not limited to, statements regarding timing and
completion of the private placement. When used herein, words such as "anticipate", "will", "intend" and
similar expressions are intended to identify forward-looking statements.
Forward-looking statements are based on certain estimates, expectations, analysis and opinions that
management believed reasonable at the time they were made or in certain cases, on third party expert
opinions. Such forward-looking statements involve known and unknown risks, and uncertainties and
other factors that may cause our actual events, results, performance or achievements to be materially
different from any future events, results, performance, or achievements expressed or implied by such
forward-looking statements. For a more detailed discussion of such risks and other factors that could
cause actual results to differ materially from those expressed or implied by such forward-looking
statements, refer to Maple Gold Mines Ltd.'s filings with Canadian securities regulators available on
www.sedar.com
or the Company's website at
www.maplegoldmines.com
.
The Company does not
intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking
statements whether as a result of new information, future events or otherwise, except as required by
law.
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