Today, advanced satellite imagery is helping to collect large amounts of data on potential gold deposits. Young mining companies in particular face major challenges in this regard. With satellite systems, land can be surveyed, and this can be done without large investments in equipment or infrastructure. Satellites today have very good spectral resolution and accuracy. They are equipped with hyperspectral sensors. Aircraft and satellites collect such spectral data, which geologists can then use. Satellite systems can collect a lot of data from large areas, and there is no need for an airplane to fly over the area in question. Thus, satellite imagery can reduce the risks and costs of land surveying. The geospatial data obtained can be used for the entire mining life cycle. So, geologists use valuable satellite imagery combined with drone mapping, historical data and feasibility studies. In addition, there are other technologies such as GPS surveying. Hard-to-reach areas can be explored in this way.

In ancient times, gold was mainly extracted from placer deposits. In the 19th century, gold rushes in North America, South Africa and Australia attracted gold prospectors. In the 20th century, the production of the precious metal from gangue and other deposits in the rock became more important than gold extraction from placer deposits. Especially in emerging and developing countries, there are still many, often illegal, gold prospectors in addition to the professional mining companies. It is exciting and often lucrative for investors to participate in gold companies and observe their progress.

For example, Tudor Gold – https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ – in British Columbia is working on its Treaty Creek gold project. An extensive diamond drilling program will start this year.

Osisko Development – https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ – has projects in Mexico and Canada in its portfolio. The focus is on high-grade, previously producing properties, with the company striving to become a mid-tier gold producer.

Current corporate information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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