Business
Albert Mining to use its CARDS "Artificial Intelligence Technology" to Target Copper, Zinc and Nickel on Playfair Mining Ltd.'s RKV Property in Southern Norway
Brossard, Quebec / The Newswire / March 28, 2019 - Albert Mining Inc. (the "Company" or "Albert ") (TSX-V: AIIM) a leader in the use of Artificial Intelligence
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[{"type":"text","content":"Brossard, Quebec / The Newswire / March 28, 2019 - Albert Mining Inc. (the \"Company\" or \"Albert \") (TSX-V: AIIM) a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector, is pleased to announce that its technology will be used on Playfair Mining Ltd.'s ('Playfair Mining'') (TSX.V:PLY) RKV property (Tynset, Hedmark County area, 295.96 square kilometers), located in Southern Norway, 350 km North of Oslo. A fee will be paid to Albert for applying its CARDS (Computer Aided Resources Detection Software) system using AI and Datamining on the RKV property The RKV project is in the historic Roros mining district in southern Norway and covers two past producing Besshi-type VMS copper mines (Kvikne & Rostvangen), a magmatic nickel-copper deposit (Vakkerlien) and more than twenty additional known mineral occurrences. These mines, deposits and occurrences occur within strongly folded metasedimentary and metavolcanic rocks of the Gula Group in the central Norwegian Caledonides. By using its CARDS technology, Albert will assist Playfair Mining in identifying targets and possible sites with the same signature as known copper, zinc and nickel deposits/occurrences. Albert uses its proprietary technology to analyze geophysical, geochemical, and geological data to discover the patterns hidden in the large amount of Playfair's data. This technology has been successful in assisting in the identification of a number of major mineral discoveries specifically in the context of VMS mining districts and elsewhere. Albert began its new business model by entering into a services agreement and committing to Playfair's management that Albert will invest in Playfair's next private placement subject to prior Exchange acceptance. In Other News - Change of CFO -Effective March 22nd, the Company is pleased to announce the appointment of Mr. Daniel Belisle in replacement of Mrs Lucie Letellier, and would like to wish Lucie the best in her new professional challenge. Mr. Belisle is a Certified Public Accountant (CPA, CA) with 30 years experience, working for private and public companies. He is known for his extensive financial experience combined with operations management and understanding of strategic challenges that Albert Mining is about to accomplish. About Albert Mining Inc. - Pow...