Albert Mining to Use its CARDS "Artificial Intelligence Technology" to Target Copper-Zinc and Nickel on Noble Mineral's Project 81 in the Timmins, Ontario
TSX VENTURE: AIIM
Ottawa, Ontario / The Newswire / May 3, 2018 - Albert Mining Inc. ("Albert Mining" or "Corporation") (TSX-V: AIIM), a mining exploration company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques in the mining sector, is pleased to announce that its technology will be used on Carnegie and Crawford Townships part of Noble Mineral Exploration Inc.'s ("Noble Mineral'' (TSX-V: NOB) ~70,000 hectare Project 81which is located in Timmins-Cochrane area of Northern Ontario. The Carnegie and Crawford property is comprised of 17,128 hectares and it lies immediately north of the Kidd Creek Mine Complex near Timmins, Ontario.
Noble Mineral's Project 81 is located within the Kidd-Munro assemblage of the western Abitibi Subprovince in Ontario, and is one of the largest contiguous, underexplored land packages we have encountered and Albert Mining is pleased to have the opportunity to analysed and interpret the mineral potential of Project 81, using our CARDS Technology. The assemblage is one of the most ultramafic-rich volcanic successions of any age in the world and it hosts the Kidd Creek VMS deposit, an important example of bimodal-mafic (ultramafic) volcanic-associated massive sulphide (VMS) deposits.
By using its CARDS technology, Albert Mining will assist Noble Mineral in identifying targets and possible sites with the same signature as known copper-zinc and nickel occurrences. Albert uses its proprietary technology to analyze geophysical, geochemical, and geological data to discover the patterns hidden in the large amount of data that Noble Mineral owns. This technology has been successful in assisting in the identification of a number of major mineral discoveries specifically in the Ring of Fire and elsewhere.
About Albert Mining Inc.
Albert Mining is a junior mining exploration company using Artificial Intelligence (AI) with an extensive portfolio of gold, copper, and diamond properties in Quebec. Albert Mining also recently acquired all assets from DIAGNOS Inc.'s mining division, including the Computer Aided Resources Detection System ("CARDS"). Albert Mining can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company's objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
President and CEO of Albert Mining Inc.
Albert Mining-Powered by Artificial Intelligence
Additional information about the Company is available under Albert Mining's profile on SEDAR at www.sedar.com.
This news release contains certain "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or are events or conditions that "will", "would", "may", "could" or "should" occur or be achieved. This news release contains forward-looking statements, pertaining to, among other things, the following: the resumption of the trading of Albert shares on the TSX Venture Exchange. Statements regarding future production, capital expenditures and development plans are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks, regulatory changes and certain other known and unknown risks detailed from time to time in Albert Mining's public disclosure documents, copies of which are available on Albert Mining's SEDAR profile at www.sedar.com.
Although Albert Mining believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given as to future results, levels of activity and achievements and such statements are not guarantees of future performance. Albert Mining's actual results may differ materially from those expressed or implied in forward-looking statements and readers should not place undue importance or reliance on the forward-looking statements. Statements including forward-looking statements are made as of the date they are given and except as required by applicable securities laws, Albert Mining disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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