TORONTO, March 10, 2016 /CNW/ - SGS Canada Inc. is proud to announce
that our SGS Canada team was awarded first place in the Integra Gold
Corp. Gold Rush Challenge in front of a crowd of 400 at the Gold Rush Challenge Live Finale that
took place Sunday, March 6, 2016, at the Carlu in Toronto.
The SGS Canada team beat out over 1300 entrants from 80 countries and
emerged as the winner with its submission that utilized a combination
of machine learning and traditional geological methods to produce
targets across the Company's Lamaque project in Val-d'Or, Québec. The
SGS Canada team used sophisticated geostatistical methods to drive data
into an expansive and unbiased block model. A prospectivity scoring
system harnessed both geological knowledge and machine learning, a
subfield of artificial intelligence, to identify high value targets,
which were then vetted through Virtual Reality with Oculus Rift
technology. The proposal impressed both the technical judges and the
industry titans that evaluated the presentation in a "shark tank" live
"We couldn't be more proud of this group of dedicated and passionate
professionals that put it all on the line, got creative and at the end
delivered something truly unique to the mining industry," stated Dave
Smercina, Managing Director of SGS Canada Inc. "This evening was so
valuable to SGS Mineral Services, as we gained so much more than the
prize money; tonight we earned the respect and admiration of the
industry as a whole."
"The Gold Rush Challenge has given Integra a platform to call on
governments, mining companies and mining financers to get off the
sidelines and get into the game. We are challenging traditional
thinking and breaking new ground, embracing disruptive technology that
is critical to the mining sector," commented Executive Chairman George
Salamis. "The proposal from SGS Canada represents the disruptive
innovation we saw in the Gold Rush Challenge. We saw the tech sector
and the mining sector collide and unravel the great mystery of
discovery. SGS Canada beat the odds, advancing out of the semi-final
round and impressing the industry titans with their embrace of machine
learning and virtual reality while also emphasizing the importance of
tradition, data driven geology."
The SGS Canada team includes the following members:
"We are enormously grateful to Integra Gold and their sponsors for
organizing this event. As a team of geologists, engineers, and computer
scientists often bound by certain limitations and boundaries, we
relished in the opportunity to channel our collective creativity and
curiosity to provide new exploration targets in a historic and famous
mining jurisdiction," noted Guy Desharnais, captain of team SGS Canada.
"The torch has been passed," noted Mining Titan Rob McEwen. "In 2001
the Goldcorp Challenge ignited the careers for the top 3 finishers, and
I know that SGS Canada will reap the benefits of winning the Gold Rush
Challenge. Mark my words, this is not the last time we hear from the
SGS Canada team. I was fortunate to be part of the Gold Rush Challenge
and I look forward to what Stephen de Jong and his team at Integra Gold
have planned next."
SGS is the world's leading inspection, verification, testing and
certification company. SGS is recognized as the global benchmark for
quality and integrity. With more than 85,000 employees, SGS operates a
network of over 1,800 offices and laboratories around the world.
About the Integra Gold Rush Challenge
The Integra Gold Rush Challenge is an incentive prize challenge powered
by the popular HeroX (www.herox.com) crowdsourcing platform. HeroX is a spin-off of XPRIZE, the leading
organization solving the world's 'Grand Challenges' by creating and
managing large-scale, high profile, incentivized prize competitions.
After registering for the Challenge, challengers from any background or
country were given access to an unprecedented database built from six
terabytes and 75 years of historic mining and exploration data from
Integra Gold's formerly producing Sigma/Lamaque mines in Val-d'Or,
Québec. The individual or group whose submission represents the best
prospect for the next big gold discovery on the Sigma/Lamaque
properties, based on a weighted set of criteria as outlined in the
Challenge rules (www.herox.com/IntegraGoldRush), wins their share of the C$1 million prize and a shot at notoriety.
For more information: www.integragold.com/goldrush.
SOURCE SGS Canada Inc.
Image with caption: "SGS Canada Inc (CNW Group/SGS Canada Inc.)". Image available at: http://photos.newswire.ca/images/download/20160310_C9936_PHOTO_EN_44668.jpg
Image with caption: "From Left to Right: Marcel Costa (Director of Finance, SGS Canada), Dave Smercina (Managing Director, SGS Canada), Amanda Landriault (Minerals Project Manager, SGS Canada), Doug Hatfield (Technical Manager, SGS Canada), Guy Desharnais (Technical Manager, SGS Canada), Jean-Philippe Paiement (Resources Geology Project Manager, SGS Canada) and Lawrence Ng (VP Mineral Services, SGS Canada). (CNW Group/SGS Canada Inc.)". Image available at: http://photos.newswire.ca/images/download/20160310_C9936_PHOTO_EN_44670.jpg
For further information:
SGS Media Contact
SGS Canada Inc.
Gold Rush Media Contact
SGS Canada Inc.