The search for gold
(PresseBox) - .
The search for gold is a costly business. It must be found and in economically viable quantities.
Today, advanced satellite imagery is helping to collect large amounts of data on potential gold deposits. Young mining companies in particular face major challenges in this regard. With satellite systems, land can be surveyed, and this can be done without large investments in equipment or infrastructure. Satellites today have very good spectral resolution and accuracy. They are equipped with hyperspectral sensors. Aircraft and satellites collect such spectral data, which geologists can then use. Satellite systems can collect a lot of data from large areas, and there is no need for an airplane to fly over the area in question. Thus, satellite imagery can reduce the risks and costs of land surveying. The geospatial data obtained can be used for the entire mining life cycle. So, geologists use valuable satellite imagery combined with drone mapping, historical data and feasibility studies. In addition, there are other technologies such as GPS surveying. Hard-to-reach areas can be explored in this way.
In ancient times, gold was mainly extracted from placer deposits. In the 19th century, gold rushes in North America, South Africa and Australia attracted gold prospectors. In the 20th century, the production of the precious metal from gangue and other deposits in the rock became more important than gold extraction from placer deposits. Especially in emerging and developing countries, there are still many, often illegal, gold prospectors in addition to the professional mining companies. It is exciting and often lucrative for investors to participate in gold companies and observe their progress.
For example, Tudor Gold - https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ - in British Columbia is working on its Treaty Creek gold project. An extensive diamond drilling program will start this year.
Osisko Development - https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ - has projects in Mexico and Canada in its portfolio. The focus is on high-grade, previously producing properties, with the company striving to become a mid-tier gold producer.
Current corporate information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
Unternehmensinformation / Kurzprofil:
Datum: 24.05.2023 - 07:13 Uhr
Sprache: Deutsch
News-ID 684244
Anzahl Zeichen: 4380
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
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"The search for gold"
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