Goldcorp and IBM Develop New AI Technology Solution to Improve Predictability for Gold Mineralization
GOLDCORP (GG)
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Source: PR Newswire
First of a kind 'IBM Exploration with Watson' solution launches in Canada VANCOUVER, Nov. 26, 2018 /PRNewswire/ - GOLDCORP INC. (TSX:G, NYSE:GG) ("Goldcorp") IBM (NYSE:IBM) ("IBM") Goldcorp and IBM Canada have co-authored an innovative first of a kind technology product: IBM Exploration with Watson will improve predictability for gold mineralization. The solution applies artificial intelligence to predict the potential for gold mineralization and uses powerful search and query capabilities across a range of exploration datasets. "The potential to radically accelerate exploration target identification combined with significantly improved hit rates on economic mineralization 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.Developed using data from Goldcorp's Red Lake Gold Mines in northern Ontario, IBM Exploration with Watson leverages spatial analytics, machine learn
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