(Kitco News) - Unlike mining, exploration still hasn't seen a big step forward from technology, said Blackwolf Copper & Gold CEO Rob McLeod.
In May McLeod spoke to Kitco at the Deutsche Goldmesse conference in Frankfurt, Germany.
Mining has seen big changes due to automation and electrification, which is fundamentally how mines get built. Exploration has just seen lots of little advances, said McLeod.
"There's no silver bullet," said McLeod, who said the smaller advances are coming from better geological science and more sophisticated tools for modeling. "But really it's [about] good boots on the ground and drilling."
Vancouver-based Blackwolf Copper & Gold (CVE:BWCG) is a mineral exploration and development company focused on base and precious metal projects located in southeast Alaska. Blackwolf’s main asset is its 100% interest in the advanced exploration stage Niblack copper-gold-silver-zinc project located on Prince of Wales Island in southeast Alaska.
Blackwolf is on the Alaska side of B.C.'s Golden Triangle, an important exploration and mining region in the province. Recent highlights were Newcrest acquiring Pretium for $2.8 billion and Newmont acquiring GT Gold for $393 million, all deals made last year.
During the video, McLeod highlighted some of the major movers and shakers in the region.
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