Business in Vancouver

Vancouver company enables armchair prospectin­g

Data-backed alteration mineral maps allow exploratio­n companies to refine searches

- BY NELSON BENNETT NBENNETT@BIV.COM

Vancouver’s PhotoSat has been helping mineral exploratio­n companies understand the geology and mineraliza­tion of the areas in which they operate since  € . But the company’s alteration mineral mapping technology has become a whole lot more accurate with the use of deep learning technology.

“We’re eliminatin­g a significan­t amount of fieldwork,” said PhotoSat CEO Andrea Krupa. “And we’re also eliminatin­g this seasonal dependency. A geologist can get the alteration mineral map and work on it when there’s snow on the ground.”

PhotoSat has two main segments to its business: Alteration mineral mapping, used by mineral exploratio­n companies, and mine site elevation surveys, used by engineers to monitor open-pit mines and tailings ponds.

PhotoSat can create detailed elevation surveys and topographi­cal maps, which engineers can then use in the designing, planning and monitoring of open-pit mines and tailings ponds.

“We’ve been involved in a lot of the reconstruc­tions on the postmortem­s after tailings dam failures,” Krupa said.

PhotoSat buys data from satellite companies and applies its own proprietar­y technologi­es— including deep learning technology—to develop products such as alteration mineral maps.

Alteration mineral mapping is based on measuremen­ts of how the surface of the earth reflects or absorbs light. Every mineral has its own unique spectral signature. PhotoSat’s alteration mineral mapping can identify  € different types of “alteration” minerals on the surface on the earth.

Alteration minerals are essentiall­y rocks formed from some other rock or mineral through weathering or geological events such as heat and pressure. These minerals and rocks are typically not of value themselves, but can be indicators of other, more valuable minerals below ground. Buddington­ite at the surface, for example, could be an indicator of a copper porphyry deposit.

“Mineral s on the surface are actual ly what shows the exploratio­n geologists how things undergroun­d are actually going to look—so how things have been pushed to the surface,” Krupa

explained.

“Depending on how the light is coming from the sensor, we can use our own spectral library … and classify which area is predominan­tly which mineral.”

The alteration mapping can cover vast areas and help exploratio­n companies zero-in on areas where indicator minerals suggest taking a closer look may be warranted.

“A lot of these companies will be looking at hundreds of square kilometres of area,” Krupa said.

“So what they want to do is they want to use these fully-remote satellite-based data sets to be able to target and pinpoint where they want to put their efforts.

“We’ve recently done a job which was almost half of Northern Argentina. They’re not going to be sending ground troops to that. There’s just too much area to cover.”

The company has also mapped a significan­t amount of the Golden Triangle in Northweste­rn B.C.

One of the deposit s that PhotoSat has mapped— and which now serves as one of PhotoSat’s case studies—is the Red Mountain deposit, which Ascot Resources Ltd. ‹ ( TSX: AOT, OTCQX:AOTVF) ‹acquired in –—˜™ and plans to mine as part of its Premier mine project.

The Red Mountain deposit was discovered in ˜™š™ and is known to host gold. Informatio­n about what is already known about the gold resources there helped to confirm the accuracy of the PhotoSat alteration mapping for the Red Mountain deposit. It was then used for an expanded survey.

“The machine-learning model gets trained on the known deposit, where we have ground truth and can then identify other areas with the same surface minerals,” Krupa said.

“In the case study … you can actually see other areas not in the Red Mountain claim where they got very good responses. Those areas are now claimed and there is a lot of exploratio­n work happening.” œ

A geologist can get the alteration mineral map and work on it when there’s snow on the ground

ANDREA KRUPA CEO, PHOTOSAT

 ?? | SUBMITTED ?? Alteration mineral mapping is based on measuremen­ts of how the surface of the earth reflects or absorbs light
| SUBMITTED Alteration mineral mapping is based on measuremen­ts of how the surface of the earth reflects or absorbs light
 ?? SUBMITTED ?? PhotoSat uses satellite data and its own proprietar­y technologi­es to develop products such as alteration mineral maps
SUBMITTED PhotoSat uses satellite data and its own proprietar­y technologi­es to develop products such as alteration mineral maps
 ?? ROB KRUYT ?? PhotoSat CEO Andrea Krupa
ROB KRUYT PhotoSat CEO Andrea Krupa

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