Latest news with #VRIFY
The Market Online
27-06-2025
- Business
- The Market Online
AI Strikes Gold: How Technology Is Reshaping the Future of Mineral Exploration
Coreena Robertson, Expert Exchange Web Summit Vancouver 2025 It wasn't just software and startups making waves at Web Summit Vancouver. For the first time, The New Energy Track at the summit hosted its own stage in one of the world's most influential tech gatherings—with AI emerging as a powerful force reshaping how we discover the critical minerals that power the modern world. In Vancouver for the first time, the conference hosted over 15,000 people from 117 counties. Among the speakers leading this charge was Steve de Jong, CEO of VRIFY an AI-assisted mineral discovery platform. During his session titled 'Striking Gold in the Global Minerals Race' , de Jong emphasized that AI isn't just a buzzword—it's a game-changing tool in the race to secure the world's critical mineral supply. 'There's so much data that sits out there today,' de Jong said. 'There's a whole bunch of discoveries waiting to be made just sitting within that data… I think you're going to see an entire wave of AI discoveries in the very near future.' Steve de Jong, CEO VRIFY Mining Meets the Modern Age VRIFY is tackling a central challenge in the mining industry: mineral discovery is time-consuming, expensive, and often inefficient. Traditional exploration methods can take over a decade to result in a working mine. But AI is drastically accelerating that process. 'From discovery to building a mine, you'll often hear 15 years. We focus on making the discovery part as efficient as possible,' said de Jong. 'We want to get to a decision point quickly—either this isn't big enough or yes, it is.' Steve de Jong, CEO VRIFY By layering massive, complex datasets—from geochemistry to satellite imagery to historic drill records—AI can detect hidden correlations that the human brain simply can't compute. 'The human brain can process maybe four or five layers of data. AI can look at 52 layers—and millions of data points—and find the patterns that correlate with something like copper or gold,' he explained. The Myth of 'All the Easy Stuff Is Found' One of the most disruptive ideas de Jong presented was that many high-value mineral deposits may already be discovered—but hidden in plain sight. 'You often hear, 'All the easy stuff has been found.' We just fundamentally disagree,' said de Jong. 'Until very recently, we've never had the tools to squeeze every little bit of insight out of all the data that's been collected. That's changed now with AI.' He cited a powerful example from his time leading Integra Gold, where a massive gold deposit was found just two kilometers from two historic mines—missed for decades because it was hidden under a swamp. 'It turned out to be bigger than either of the two mines next to it. But because all the infrastructure was already there, the environmental impact and development timeline was minimal,' said de Jong. A Critical Tool in the Critical Minerals Race As countries scramble to secure domestic sources of lithium, copper, antimony, and other essential materials, AI-driven exploration is becoming not just a competitive advantage, but a geopolitical necessity. 'Every country in the world is waking up to the fact that they need to supply their own long-term critical mineral supply,' de Jong explained. 'Some of these elements—like antimony—were previously overlooked, but they're essential for things like batteries and defense.' He shared that VRIFY recently worked on a European project where re-analyzing existing data for antimony—a critical mineral often sourced from China—revealed a previously untapped opportunity. 'By literally changing one input in the AI model, we went from looking at gold to uncovering a whole new antimony potential. It's that simple—and that powerful.' A Tool for Investors, Not Just Geologists Beyond mining companies, investors are beginning to embrace AI as a due diligence tool. 'I'm not a geologist. And for a lot of investors, it's hard to keep up with the technical language,' de Jong admitted. 'But AI helps level the playing field. Think of it like an audit of a project's mineral potential.' He revealed that a mining investment fund recently enlisted Verrifi to analyze a prospective project before committing capital—an example of how AI is informing not only discovery but also decision-making. 'It's not about replacing the geology team,' de Jong clarified. 'It's about giving them more insight—and giving investors the confidence that every data point has been considered.' A New Era for Exploration With AI rapidly maturing and tools like Verrifi showing real-world impact, de Jong is optimistic that the mineral exploration sector is entering a transformative new phase. 'You can't look at today's AI with yesterday's eyes. This isn't the same tech from three years ago,' he said. 'I think we're in a new era of exploration—one that's more efficient, more sustainable, and more accessible.' Steve de Jong, VRIFY Everything we touch, everything we use—it all comes from the ground. And now, we finally have the tools to understand that better.' About the Author: This article was produced for the Expert Exchange following Web Summit Vancouver 2025. Coreena Robertson conducted the in-studio interview with Steve de Jong. Join the discussion: Check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Cision Canada
25-06-2025
- Business
- Cision Canada
OceanaGold Extends Strike Length at Wharekirauponga
VANCOUVER, BC, June 25, 2025 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") announces results from seven drill holes from the ongoing exploration and resource conversion program at Wharekirauponga, located approximately 10 kilometres ("km") to the north of the Company's Waihi operation in New Zealand. Drilling Highlights (estimated true width): 4.0 m @ 43.8 g/t Au from 467.5 m, EG vein (WKP137) 8.1 m @ 11.8 g/t Au from 646.4 m, EG FW vein (WKP124G) 5.9 m @ 14.7 g/t Au from 398.6 m, EG HWS vein (WKP137) 4.1 m @ 11.5 g/t Au from 532.4 m, EG vein (WKP124E) 6.1 m @ 5.6 g/t Au from 446.9 m, EG vein (WKP138) Gerard Bond, President and CEO of OceanaGold, said "Today's results further reinforce the tremendous growth potential we have at Wharekirauponga. Gold mineralization continues to increase in scale and is now defined over a strike length of more than 1.4 km, including a further 240 metres to the south of previously intercepted mineralization, and remains open in all directions. Drilling is ongoing with three rigs targeting additional step outs, resource extension, resource conversion and geotechnical drilling for development of the Wharekirauponga underground mine, as we continue to invest in this exciting orebody. The expansion of Wharekirauponga underscores its position as a key asset in our portfolio and highlights the exciting role it will play in shaping the future of OceanaGold and shareholder returns." Results can be viewed in 3D using VRIFY at the following link: VRIFY note: Drill results reflect only those set forth in OceanaGold's press release dated June 25, 2025, and do not include all historical results except those relevant to the current Wharekirauponga exploration target. Wharekirauponga Drill Results Overview EG Vein Since the March 4, 2025 news release, a total of eight drill holes have been completed across the EG, hanging wall ("HW"), and footwall ("FW") veins, collectively referred to as the "EG vein zone", extending the known strike of mineralization to ~1.4 km. Results for seven of these holes have been received and continue to demonstrate the significant potential to expand the mineral resource associated with the EG vein zone. Drilling completed includes two exploration step-out holes from the most southern drill site, drill site 9, one resource conversion hole from drill site 8 and five resource extension holes from drill sites 1, 8 and 9 (Figure 1). Two widely spaced exploration step-out holes, WKP138 (6.1 m @ 5.6 g/t Au) and WKP139 (2.9 m @ 0.5 g/t Au), have now extended mineralization a further 240 metres south of the current Inferred Resource and previously intercepted mineralization (WKP135 6.3 m @ 8.7 g/t Au, released March 2025). Another significant step-out hole (WKP140) is in progress and testing ~400 metres south of WKP135 (Figure 2). Importantly, the Hanging Wall Splay ("HWS") is well developed and mineralized (3.3 m @ 4.5 g/t Au) indicating significant potential remains in this part of the system for growth on both structures (more detail on the HW and FW structures below). Resource conversion hole WKP124E intersected high-grade mineralization in the EG vein with 4.1 m @ 11.5 g/t Au, increasing confidence in the high-grade southern shoot (Table 1, Figures 2 and 3). Five holes tested immediate extensions to high-grade mineralization, including WKP137 which intersected excellent grade and width (4.0 m @ 43.8 g/t Au) to the south at lower levels. Holes WKP129B and WKP129C successfully drilled across the projection of the EG vein structure at the top of the currently defined high-grade shoot intersecting minor quartz and fault structures, with hole WKP129B returning 2.8 m @ 2.6 g/t Au. Hanging Wall and Footwall Veins Notably, the HW and FW vein structures associated with the EG vein zone also yielded strong results and have expanded known mineralization. WKP139 confirmed the extension of the HWS and returned 3.3 m @ 4.5 g/t Au along with 5.9 m @ 14.7 g/t Au in WKP137 (Figure 4). The latter result being ~40 metres up dip of other high-grade intersections, including holes WKP134A (2.3 m @ 16.0 g/t Au, released November 2024) and WKP135 (1.7 m @ 24.6 g/t Au, released March 2025). In the FW zone, a previously unmodelled vein has been defined in WKP124G (8.1 m @ 11.8 g/t Au), 65 metres along strike from WKP124D (3.8 m @ 21.4 g/t Au, released in November 2024). As we have experienced at Martha Underground, significant opportunity remains with further drilling for up-plunge, down-plunge and along-strike extensions on these and other attendant HW and FW veins. 2025 Wharekirauponga Exploration Program Exploration drilling for the remainder of the 2025 program will continue to target resource growth on the EG vein zone from drill sites 1, 8 and 9, testing beyond the current southern extent of drilling, and up-dip of both current and future extensions in the south. The Fast-track application includes an increase in the number of exploration drill sites, expanding the programme by 8 new sites, as well as doubling the rate of drilling, with up to 6 rigs operating at any one time. This will further accelerate both growth and conversion drilling at Wharekirauponga. The EG vein zone remains the primary, near-term target for drilling in 2025 with approximately 5,000 metres remaining to be drilled this year. Table 1: Wharekirauponga drill intersections subsequent to the March 4, 2025, results update *WKP124H hole is completed although results have not yet been received For further information relating to drill hole data please refer to the Company's website at About OceanaGold OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. Qualified Person Statement The scientific and technical information relating to Waihi exploration results in this press release has been reviewed and approved by Mr. Leroy Crawford-Flett, a Chartered Professional Member of the Australasian Institute of Mining and Metallurgy, a qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators ("NI 43-101"). Mr. Crawford-Flett is the Exploration & Geology Manager of OceanaGold. Quality Assurance and Quality Control ("QA/QC") All exploration samples are assayed for gold by 30g fire assay with AAS finish. Since mid-2022, drill core sample intervals where visible electrum is logged are followed up by a subsequent screen fire assay after the routine 30g fire assay. Core samples were prepared and analyzed at SGS Waihi NZ Ltd (Au by 30g fire assay and Ag by aqua regia digest and 0.3gm AAS finish. Samples post April 2024 with Ag, As, Sb. Hg and S by ICP-MS after DIG12R Digest). Selected pulps are periodically sent to ALS in Brisbane for a 4-acid digestion and 42 or 48 element ICP geochemical analysis. Quality of exploration assay results has been monitored in the following areas: Sample preparation at the SGS Waihi and Westport labs through sieving of jaw crush and pulp products; Monitoring of assay precision through routine generation of duplicate samples from a second split of the jaw crush and calculation of the fundamental error; and Monitoring of accuracy of the primary SGS assay and ALS results through insertion Certified Reference Materials ("CRMs") and blanks into sample batches. Blank, duplicate and CRM results are reviewed prior to uploading results in the AcQuire database and again on a weekly basis. The protocol at Waihi requires CRMs to be reported to within 2 standard deviations of the certified value. The criterion for preparation duplicates is that they have a relative difference (R-R1/mean RR1) of no greater than 10%. Blanks should not exceed more than 4 times the lower detection value of the assay method. Failure in any of these thresholds triggers an investigation and, if appropriate, re-assay. Drill core is stored within secure facilities on site to which access is controlled. Site employees transport samples to the analytical laboratory which is also a secured facility. The SGS Waihi NZ Ltd laboratory is an independent commercial geochemistry and energy assay laboratory with ISO 17025: 2017 accreditation, audited by an external consultant in 2020, and is inspected on a quarterly basis by OceanaGold geologists. No sampling risks have been recorded during these visits. Technical Report For further information, please refer to the following NI 43-101 technical report available on the SEDAR+ website at under the Company's profile or on the Company's website at "NI 43-101 Technical Report - Waihi District Study Pre-feasibility Study, New Zealand" dated December 11, 2024, with an effective date of June 30, 2024, prepared by D. Townsend, L Crawford-Flett, K. Hollis, E Leslie, and T. Maton; Cautionary Statement for Public Release This press release contains certain "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws which may include, but is not limited to, statements with respect to costs and timing of future exploration and drilling programs and the timing and receipt of Fast-track approval. Forward-looking statements and information relate to future performance and reflect the Company's expectations regarding the generation of Free Cash Flow, execution of business strategy, future growth, future production, estimated costs, results of operations, business prospects and opportunities of OceanaGold and its related subsidiaries. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those expressed in the forward-looking. They include, among others, those risk factors identified in the Company's most recent Annual Information Form prepared and filed with securities regulators which is available on SEDAR+ at under the Company's name and on the Company's website. There are no assurances the Company can fulfil forward-looking statements. Such forward-looking statements are only predictions based on current information available to management as of the date that such predictions are made; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control. Although the Company believes that any forward-looking statements contained in this press release is based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements and information, whether as a result of new information, events or otherwise, except as required by applicable securities laws.
Cision Canada
06-06-2025
- Business
- Cision Canada
Analysts See 'Historic Dislocation' Between Gold Prices and Miner Valuations
Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, June 6, 2025 /CNW/ -- USA News Group News Commentary – Gold mining stocks are still too cheap, according to analysts at JP Morgan. In their latest note, JP Morgan tentatively sees $4,100 per ounce gold prices for 2026, and based on that estimate foresees plenty of value in gold mining shares from larger producers all the way down the chain to small- and mid-cap companies. Analysts at Jefferies still think things are out of balance, pointing to a historic valuation gap, with many gold equities still priced as if bullion were stuck at $2,500 an ounce. As gold rises, other analysts are calling for a mining equities breakout, leading to extra attention on miners of all sizes, including RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF), Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF), 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF), Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI), and Seabridge Gold (NYSE: SA) (TSX: SEA). According to analysts at Goldman Sachs, it's the central banks acting as a driving purchasing force behind the current record-breaking gold bull market, accumulating roughly 80 metric tons of gold a month worth ~$8.5 billion at current prices. With all the global uncertainty and turbulence, it's no surprise to analysts like George Milling-Stanley from State Street Global Advisors that gold will continue to make sense for investors for its attributes and potential. RUA GOLD Inc. (TSXV: RUA) (OTCQB: NZAUF) is advancing a portfolio of high-grade, district-scale gold projects in New Zealand—an emerging exploration hotspot with deep historical roots and modern infrastructure. The company recently announced new high-grade intercepts from its Cumberland project, including 1 metre at 26.9 g/t gold and another at 16.2 g/t, building on a previously returned 62.2 g/t gold, including a standout prior result of 1 metre at 1,911 g/t gold. These hits confirm the near-surface continuity of the Gallant vein system, which became RUA's first drill-tested target generated via VRIFY's AI-powered targeting platform. "From the very first drill holes, we intersected significant, wide quartz veins hosting high-grade gold, confirming historical intercepts," said Robert Eckford, CEO of RUA GOLD. "This marks an exciting start, validating the effectiveness of the VRIFY AI targeting process and confirming near-surface mineralization with the potential to extend the envelope of known mineralization across a 2km structural zone.. It's a major step forward for our hub-and-spoke strategy in Reefton… The Gallant prospect represents the first VRIFY AI target that we have drilled so far. This structure is traceable on surface for over 600m and remains largely untested along strike and at depth." Gallant sits just 3 km from the historic Globe Progress mine and features steeply dipping quartz veins up to 14 metres thick. Historic drill data from the area includes 20.7 metres of quartz with gold grades reaching 1,911 g/t near surface—highlighting the potential for a shallow, high-grade resource. RUA has now launched a follow-up program stepping 100 metres to the south, with assays pending. Beyond Gallant, RUA GOLD holds commanding control of the Reefton Goldfield, covering roughly 95% of a district that historically produced more than 2 million ounces of gold at grades between 9 and 50 g/t. The Auld Creek project continues to deliver encouraging results as well, with recent intercepts of 9.0 metres at 5.9 g/t gold equivalent and 1.25 metres at 48.3 g/t. Notably, only two of the four known mineralized shoots are currently included in the working model. Previous drilling has returned 12 metres at 12.2 g/t gold equivalent, including a 2-metre stretch at 54.8 g/t. Infographic - Auld Creek also hosts significant antimony mineralization—an increasingly strategic metal trading above US$50,000 per tonne. Surface samples have shown grades above 40% antimony, and drill holes have returned multiple intercepts over 8%. The New Zealand government's early 2025 declaration of antimony as a critical mineral further elevates the project's dual-metal value proposition. On the North Island, RUA GOLD is progressing its Glamorgan project in the Hauraki Goldfield, where a second surface campaign outlined three distinct gold-arsenic anomalies across a 4-kilometre corridor. Rock chip sampling returned up to 43 g/t gold, and CSAMT geophysical surveys identified resistive zones typical of quartz-rich vein systems. Drill access is in the final stages of approval, with targets prioritized through VRIFY's DORA AI engine. Backed by $5.75 million in capital and led by a leadership team with over $11 billion in past mining exits, RUA GOLD is aiming to uncover high-grade discoveries in underexplored terrain. With multiple active programs, AI-guided targeting, and a pipeline of assays and agreements on the horizon, the company is positioning itself as one of New Zealand's most advanced early-stage gold explorers heading into 2025. In other industry developments and happenings in the market include: Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) recently intersected 7.0 metres grading 10.3 g/t gold equivalent (including 2.0 metres at 14.3 g/t AuEq) at its Wild Dog project in Papua New Guinea. "The first drill results from our Phase 1 drill program at Wild Dog did not disappoint," said Greg McCunn, CEO of Great Pacific Gold. "We now have a drill rig on the ground, a highly experienced technical team, and the infrastructure support in place to explore the potential of this system." The intercept came from WDG-02, drilled beneath a historic pit, confirming the presence of high-grade sulphide mineralization near surface. The current 2,500-metre drill campaign spans 16 planned holes across a 3-kilometre segment of a 15-kilometre target zone. Assays are pending from WDG-03, and hole WDG-04 is now in progress. 1911 Gold Corporation (TSXV: AUMB) (OTCBB: AUMBF) continues to expand its San Antonio West target at the True North project, returning standout grades such as 1.0 metre at 62.40 g/t gold and 2.1 metres at 8.81 g/t. "These follow-up holes at the San Antonio West target show evidence of several shear structures and also higher grades as we extend drilling to depth," said Shaun Heinrichs, CEO and President of 1911 Gold. "The results continue to show another parallel ore shoot to the San Antonio Mine vein system, similar to what we are seeing on the San Antonio Southeast target." The zone, hosted within the historically productive San Antonio gabbro, now shows gold mineralization across three parallel vein systems traced over 500 metres laterally and 260 metres vertically. The program supports the presence of a new ore shoot west of the historic San Antonio Mine, bridging toward the Cartwright resource. With 39 holes drilled to date and a 30,000-metre campaign planned, the company is prioritizing underground access and resource expansion. Fortuna Mining Corp. (NYSE: FSM) (TSX: FVI) is advancing its Diamba Sud Project with fresh intercepts from the Southern Arc prospect, where drilling returned 13.6 meters at 8.6 g/t gold and 11.8 meters at 9.3 g/t. Infill drilling at nearby deposits also yielded high-grade intervals, such as 113.7 g/t gold over 6.4 meters at Area D and 28.8 meters at 3.0 g/t at Area A. "Our exploration work at Diamba Sud continues to yield strong results, particularly from areas with limited historical drilling," said Paul Weedon, Senior Vice President of Exploration at Fortuna Mining Corp."These results further reinforce the project's potential for near-term resource growth." Exploration remains active across several zones, including Moungoundi and Western Splay, where mineralization appears open along strike and at depth. All results will be included in the next resource update. Seabridge Gold (NYSE: SA) (TSX: SEA) has begun drilling at Snip North, a new copper-gold porphyry discovery at its Iskut Project in northwest British Columbia. "Last year's discovery at Snip North has given us clear direction on where to focus to deliver new resources in this year's program," said Rudi Fronk, Chairman and CEO of Seabridge Gold. "We are also targeting the source intrusion for this prospective resource which we expect to be rooted in a district-scale structural trend, named the Bronson Trend." The company plans to complete 8,000 metres of core drilling using three helicopter-portable rigs, targeting a maiden resource estimate and deeper source intrusions. Exploration will also assess other porphyry prospects within the district-scale Bronson Trend, where recent geophysics and mapping indicate multiple mineralized systems. The $13.4 million program builds on last year's success and reflects Seabridge's broader strategy to uncover large-scale porphyry systems beyond KSM. CONTACT: [email protected] (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for media corp, who has been paid a fee for an advertising contract with RUA Gold Inc. (forty five thousand dollars Canadian for a three month contract subject to the terms and conditions of the agreement from the company direct). MIQ has not been paid a fee for RUA Gold Inc. advertising or digital media, but the owner/operators of MIQ also co-owns Media Corp. ("BAY") There may also be 3rd parties who may have shares of RUA Gold Inc. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY does not own any shares of RUA Gold Inc. but reserve the right to buy and sell, and will buy and sell shares of RUA Gold Inc. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by RUA Gold Inc. Technical information relating to RUA GOLD Inc. has been reviewed and approved by Simon Henderson, CP, AUSIMM, a Qualified Person as defined by National Instrument 43-101. Mr. Henderson is Chief Operational Officer of RUA GOLD Inc., and therefore is not independent of the Company; this is a paid advertisement, we currently do not own any shares of RUA Gold Inc. but will likely buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Cision Canada
05-06-2025
- Business
- Cision Canada
VIZSLA COPPER TO DEPLOY AI TECHNOLOGY ACROSS BC COPPER-GOLD PROJECTS
VANCOUVER, BC, June 5, 2025 /CNW/ - Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0) (" Vizsla Copper" or the " Company") is pleased to report that it has engaged with VRIFY Technology Inc. (" VRIFY"), to utilize DORA, the world's only AI-Assisted Mineral Discovery Platform to enhance and expand existing datasets, and accelerate and refine target definition. DORA will be deployed across Vizsla Copper's exciting portfolio of copper-gold projects all located in British Columbia. HIGHLIGHTS VRIFY uses advanced AI and proprietary algorithms to generate a prospectivity score — known as a VRIFY Prospectivity Score (VPS) — that identifies areas of potential copper and gold mineralization. DORA recently aided other exploration companies in identifying high-priority areas that were later validated through drilling. Vizsla Copper has an aggressive exploration season planned with field work already underway (see Vizsla Copper release dated May 28, 2025). "With the strategy to focus on discovery in 2025, we view DORA and the partnership with VRIFY as an additional cutting-edge tool to aid in guiding our exploration efforts" commented Craig Parry, Chairman and CEO. "With the treasury in strong shape we look forward to steady news flow as we advance our terrific land package through a combination of geophysics and drilling throughout the remainder of 2025." DORA: AI Predictive Modeling Vizsla Copper will utilize DORA, VRIFY's AI-Assisted Mineral Discovery Platform, to aid in its exploration efforts across its portfolio of exciting copper-gold projects (Figure 1). DORA leverages a combination of proprietary algorithms and datasets to generate a VRIFY Prospectivity Score (VPS), a predictive output used to rank and prioritize areas for possible base and precious metal mineralization. These outputs will be further validated by the Vizsla Copper technical team through systematic ground truthing which may include geochemical and geophysical surveys and drilling. Using DORA, Vizsla Copper will gain direct access to the web-based platform and be able to generate and iterate on their own predictive models, allowing for hands-on exploration targeting. About VRIFY VRIFY proves that AI in mineral exploration doesn't have to be a black box. Building on our successful visualization tool, we launched DORA, the world's only AI-Assisted Mineral Discovery Platform. DORA puts the power of AI into the hands of geoscientists, enabling them to find what others can't. Backed by a $12.5M Series B raise and trusted by hundreds of clients, VRIFY delivers results, including new discoveries and increased valuations for companies like Southern Cross Gold and RUA GOLD. We're pioneering a new category and accelerating exploration with the industry's most advanced AI and largest proprietary dataset. To learn more about VRIFY visit About Vizsla Copper Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometres east of the community of Williams Lake, British Columbia. It has three additional copper properties: Poplar, Copperview, and Redgold, all well situated amongst significant infrastructure in British Columbia. The Company's growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper's vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and it is committed to socially responsible exploration and development, working safely, ethically and with integrity. Vizsla Copper is a spin-out of Vizsla Silver and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector. Additional information about the Company is available on SEDAR+ ( and the Company's website ( Qualified Person The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Christopher Leslie, Ph.D., Technical Advisor for Vizsla Copper. Dr. Leslie is a Qualified Person as defined under the terms of National Instrument 43-101. 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 release. FORWARD LOOKING STATEMENTS The information contained herein contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation, planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Forward-looking statements in this news release include, among others, statements relating to: obtaining required regulator approvals for the Copperview Acquisition and the RG Copper Acquisition; satisfying the requirements of the Underlying Option Agreement; the exploration and development of the Poplar Project, Woodjam Project, Redgold Project and Copperview Project; and the Company's growth and business strategies. Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the anticipated cost of planned exploration activities, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct the Company's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, no known mineral reserves or resources, the limited operating history of the Company, the influence of a large shareholder, aboriginal title and consultation issues, reliance on key management and other personnel, actual results of exploration activities being different than anticipated, changes in exploration programs based upon results, availability of third party contractors, availability of equipment and supplies, failure of equipment to operate as anticipated; accidents, effects of weather and other natural phenomena and other risks associated with the mineral exploration industry, environmental risks, changes in laws and regulations, community relations and delays in obtaining governmental or other approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. SOURCE Vizsla Copper Corp.
Yahoo
13-05-2025
- Business
- Yahoo
Golden Cross Resources to Utilize VRIFY's AI-Assisted Mineral Discovery Platform at Its Reedy Creek High-Grade Gold Project in Victoria, Australia
Summary: Golden Cross has acquired two tenements directly north of/contiguous to Southern Cross Gold's Sunday Creek gold discovery. Past drilling has revealed high-grade gold intercepts including 11m at 31.4 g/t gold and 2m at 174.42 g/t gold1, as well as significant gold mineralization along a recently defined ~3km long gold-in-soil geochemical anomaly. DORA, VRIFY's AI-Assisted Mineral Discovery Platform, transforms exploration data into expanded, multi-dimensional insights - revealing the regional-scale controls on gold mineralization and accelerating the path to discovery. The DORA platform recently assisted similar explorers in identifying areas of high-potential mineralization that were later confirmed through drilling. Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Golden Cross Resources Corp (TSXV: AUX) (OTC Pink: ZCRMD) ("Golden Cross" or the "Company") is pleased to announce that it is partnering with VRIFY Technology Inc. ("VRIFY") to leverage DORA, the world's only AI-Assisted Mineral Discovery Platform at the Reedy Creek Goldfield in Victoria, Australia. The partnership will use proprietary AI and predictive modelling to accelerate and maximize discovery potential on a property immediately north of Southern Cross Gold's Sunday Creek discovery. Figure 1: Golden Cross's recently acquired high-grade gold project in Victoria, Australia To view an enhanced version of this graphic, please visit: Golden Cross recently acquired a land package (the "Property") comprising two tenements covering an area of 445km2 (Figure 1) approximately 10km northeast of Southern Cross Gold's Sunday Creek gold discovery. The Property contains the historic Reedy Creek Goldfield, situated directly north of Sunday Creek, as well as multiple other historic goldfields and high-grade gold prospects (Figure 2). Past drilling at the Property revealed high-grade gold intercepts including 11m at 31.4 g/t gold and 2m at 174.42 g/t gold.1 Limited drilling between 2021-2024 by Great Pacific Resources also revealed significant gold mineralization along a recently defined ~3km long NW-SE gold-in-soil geochemical anomaly. Gold-in-soil anomalies are critical early indicators of mineralized systems, especially in epizonal deposits where gold is often closely associated with fault zones and vein swarms near surface. Figure 2: Golden Cross's high-grade gold project contains multiple prospects with proven gold mineralization To view an enhanced version of this graphic, please visit: DORA: Purpose-Built AI for Exploration Teams Golden Cross will integrate DORA, VRIFY's AI-Assisted Mineral Discovery Platform, to refine its exploration model and prioritize high-potential areas of mineralization. DORA leverages mineral-system-specific AI models and a proprietary industry dataset to generate the VRIFY Prospectivity Score (VPS) - a predictive output used to assess and rank zones of mineral potential. The Phase 1 diamond drill program at Reedy Creek, commencing in June 2025, will be guided by predictive models generated using DORA's proprietary algorithms. Through hypothesis testing, Golden Cross will leverage the platform to define a refined and defensible targeting strategy that reduces uncertainty and maximizes the value of Golden Cross's existing data. Figure 3: Example of VRIFY's AI-Assisted Mineral Discovery Platform, DORA To view an enhanced version of this graphic, please visit: Using DORA, Golden Cross will be able to generate detailed and comprehensive predictive models for the Company's planned Phase 1 diamond drilling program at the Reedy Creek Goldfield (Figure 4, 5). Figure 4: Significant historic drill results within Golden Cross's Reedy Creek exploration target Area. To view an enhanced version of this graphic, please visit: Figure 5: Golden Cross's Phase 1 diamond drilling program will commence at the Reedy Creek Goldfield in June 2025, targeting the Prince of Wales and Wieneroider prospects. To view an enhanced version of this graphic, please visit: "We believe our Reedy Creek Project is one of the most under-explored and high-potential gold systems in Victoria," said Matt Roma, CEO of Golden Cross. "With VRIFY's DORA platform, we're introducing a new standard of technical rigor and targeting precision to this project. Our objective is to deploy capital efficiently while maximizing the potential for discovery success - and VRIFY provides the strategic advantage to help us achieve exactly that." "Golden Cross is working in one of the world's most exciting and mineral-rich regions, surrounded by high-grade discoveries and active mines," said Steve de Jong, CEO and Co-Founder of VRIFY. "They're taking a thoughtful, data-first approach to exploration - one that leverages every advantage available, including AI. We're proud to support their team as they pursue new discoveries with the urgency and intelligence this kind of ground deserves." References: 1.) Refers to Fosterville South Exploration news release dated April 27, 2022 (link here) About VRIFY VRIFY proves that AI in mineral exploration doesn't have to be a black box. Building on our successful visualization tool, we launched DORA, the world's only AI-Assisted Mineral Discovery Platform. DORA puts the power of AI into the hands of geoscientists, enabling them to find what others can't. Backed by a $12.5M Series B raise and trusted by hundreds of clients, VRIFY delivers results, including new discoveries and increased valuations. We're pioneering a new category and accelerating exploration with the industry's most advanced AI and largest proprietary dataset. To learn more about VRIFY visit About Golden Cross Resources Golden Cross Resources (TSXV: AUX) (OTC Pink: ZCRMD) is a Canadian mineral exploration company engaged in the advancement of its "Reedy Creek" high-grade gold project (the "Project") in Victoria, Australia, which is comprised of two tenements of land located approximately 10km northeast of and contiguous to Southern Cross Gold's Sunday Creek gold discovery. Past drilling at the Project revealed high-grade gold intercepts including 11m at 31.4 g/t gold and 2m at 174.42 g/t gold1. Golden Cross plans to commence its Phase 1 diamond drill program at the historic Reedy Creek Goldfield in Q2 2025 to confirm and expand known high-grade gold mineralization. For more information visit: Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Mr. Alan Till, VP Exploration and a Qualified Person for Golden Cross Resources as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Till has examined information regarding the historical exploration at Golden Cross's "Reedy Creek" high-grade gold project, which includes his review of the historical sampling, analytical and procedures underlying the information and opinions contained herein. Management cautions that historical results were collected and reported by operators unrelated to Golden Cross and have not been verified nor confirmed by its Qualified Person; however, the historical results create a scientific basis for ongoing work in the Golden Cross property. Management further cautions that historical results, discoveries and published resource estimates on adjacent or nearby mineral properties, whether in stated current resource estimates or historical resource estimates, are not necessarily indicative of the results that may be achieved on the Golden Cross property. For Further Information Contact:Matt Roma, Director & CEO+1-778-736-3356info@ FORWARD LOOKING STATEMENTS This release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. The Company 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. Such factors include, among others, risks related to: the results of the VRIFY study seeking new target areas at Reedy Creek; the ability of the Company to raise funds for exploration activities and property maintenance costs at Reedy Creek; reliance on technical information provided by third parties on any of our exploration properties; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis which is available under Company's SEDAR profile at: Although Golden Cross has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Golden Cross disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
