Update: This blog was originally written in January 2016, and has been updated for Jan 2018.
In 2016 at PDAC, Integra Gold held the first the Gold Rush Challenge. It was an innovative event for the mining industry. It was following along on the footsteps of the Goldcorp Challenge held way back in 2001.
The Integra Gold Rush Challenge was a contest whereby entrants were given access to a geological database and asked to prepare submissions presenting the best prospects for the next gold discovery on the Lamaque property. Winners would get a share of the C$1 million prize.
Integra Gold hoped that the contest would expand their access to quality people outside their company enabling their own in-house geological team to focus on other exploration projects. In total 1,342 entrants from over 83 countries registered to compete in the challenge. A team from SGS Canada won the prize.
Then Disrupt Mining came along
In 2017, its seem the next step in the innovation process was the creation of Disrupt Mining sponsoerd by Goldcorp. Companies and teams developing new technologies would compete to win a $1 million prize.
In 2017, the co-winning teams were from Cementation Canada (new hoisting technology) and Kore Geosystems (data analystics for decision making).
In 2018, the winning team was from Acoustic Zoom, an new way to undertake seismic surveys.
The 2019 winners will be announced at PDAC. The entry deadline has passed so you’re out of luck for this year.