July 22, 2021 By Ground Water Canada
Newfoundland – The Newfoundland department of Industry, Energy and Technology recently announced a total contribution of $4.5 million to the College of the North Atlantic to develop advanced drill core imaging technology. The Iron Ore Company of Canada and Agnico Eagle Mines also supported the project.
A mobile Hyperspectral Scanning Unit has been developed, which is currently at the Iron Ore Company of Canada in Labrador City conducting its first drill core scans. The HSU produces high-resolution drill core images that will give mining companies a better understanding of a region’s geology.
According to a government news release, the new technology will make drill core logging more accurate, improve exploration processes and increase the potential to discover new, lucrative mineral deposits.
Mining, mineral exploration and quarrying are important industries for the province, the release said. More than $4 billion in mineral shipments, increasing exploration expenditures, and employment of 7,700 person years are projected for 2021.
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