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Be the first with the news that moves the market- Benchmark Metals (BNCH) announced positive results for mineralization expansion utilizing machine learning and artificial intelligence
- The company recently conducted a first-pass Maptek Domain MCF to evaluate, validate, and expand mineralized gold and silver domains within the Cliff Creek and Dukes Ridge deposits
- The company believes the results indicate the potential to expand the Cliff Creek and Dukes Ridge deposits, as well as several new trends
- Benchmark Metals Inc. is unchanged, trading at $0.475 at 9:45 am ET
Benchmark Metals (BNCH) announced positive results for mineralization expansion utilizing machine learning and artificial intelligence.
The company recently conducted a first-pass Maptek Domain MCF to evaluate, validate, and expand mineralized gold and silver domains within the Cliff Creek and Dukes Ridge deposits.
Maptek DomainMCF uses machine learning to generate domain boundaries direct from sample data for the rapid creation of resource models. Geologists feed in drilling or other sampling data and obtain domain or grade models using less time than traditional resource modelling methods.
Utilizing machine learning with detailed logging and geochemical alteration mapping, the company believes the results indicate the potential to expand the Cliff Creek and Dukes Ridge deposits as well as several new trends.
New alteration and lithological models have also been generated using multi-element geochemical data to provide insight into mineralized domains and develop new exploration tools that can be used to identify new mineralized zones and potentially expand high-grade zones.
The company’s CEO, John Williamson, stated that artificial intelligence methods were used to model gold-bearing trends within each of the deposits.
“The results are consistent with our prior interpretations and indicate areas of potential expansion within our current open pit models. This work will be used to further refine drilling plans for resource expansion initiatives in 2023. Further AI machine learning will be run with additional inputs to better define drill targeting in the coming months.”
Benchmark Metals Inc. is a Canadian gold and silver company advancing its flagship Lawyer’s Gold-Silver Project located in the prolific Golden Horseshoe of north-central British Columbia, Canada.
Benchmark Metals Inc. is unchanged, trading at $0.475 at 9:45 am ET.
