- New drilling initiative using predictive technologies now underway
- Company aims to generate cash flow by processing available surface minerals
- Plans to scale up further through acquisition
Algorithms are ruling the world, according to a Guardian feature (http://nnw.fm/dRc9M), helping a variety of organizations sift through massive amounts of data and distill that data into knowledge. On financial trading platforms and dating sites, the algorithm reigns, using data analysis to seize investment opportunities and make matches. These powerful new technologies are transforming society. If they can guide our investments and find us soulmates, both very difficult undertakings, then surely they can discover cobalt in cobalt-rich terrain. That’s the line of thought you’ll find at First Cobalt Corp. (OTCQB: FTSSF) (TSX.V: FCC). In a recent interview, Trent Mell, CEO of the junior miner, talked about the company’s use of predictive analytics in its exploration activities and much more (http://nnw.fm/Z8Op6).
“We’re going to apply some new techniques to an old camp,” he stated. “Taking data from a century of mining…”
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