Background
The world is drowning in data. For the past twenty five years, billions upon billions of dollars have been spent on tools to collect and store data. Unthinkable amounts of organized and unorganized data reside in countless databases owned by corporations and governments. But, for the most part, these databases are statistics, records, history—not information. The greatest push in the global technological world today is the attempt to mine, refine, dissect and interpret data into meaningful, actionable, information. Far fewer tools have been developed for data analysis than for collection and storage. The Business Intelligence industry is in its infancy. The Predictive Analysis sub-industry is still forming and developing basic products and tools. Semantic computing, the ability for these analytical tools to read and learn from data, is the next big step in the growth of computer usage. The principals of Brazil Gold Corp (BRZG), deeply involved in the construction of semantic computing products in a separate company, want to bring this evolving technology into the mineral exploration industry.
The exploration for minerals involves trillions of bits of data collected literally over eons, and fused into models which attempt to increase the chance of exploring in areas with a high probability of economically developable deposits. These models, some decades old, are by definition restricted to known or theorized parameters. The new computing models, such as those being developed by BRZG, are variations of semantic computing, most notably in their not being model-driven. In a nutshell, BRZG wants to introduce the most advanced search and analytical technology into the exploration industry.
The president of BRZG, Phillip Jennings, has devoted the past twenty-five years to developing game-changing technology for various industries. He was the founder of Teleres in 1994 which with Dow Jones built the first national online commercial real estate analytics company—before the Internet craze. He co-founded Soufun Ltd, in Beijing, China, the first and now largest real estate portal in the world with a market cap of over U.S. $2 billion. With partner Microsoft, he founded Apartment and Commercial Technologies, one of the first national distributors of high-speed Internet services using then new DSL Technology. With his financial partners he co-founded First Forge Capital, a quant fund operating since 2006. He is the co-founder of Semantic Data Recognition, the partner/contractor with BRZG to adapt leading edge technology to the exploration industry.
BRZG Plan
BRZG plans to employ our proprietary new technology to increase the efficiency of mineral exploration. Working in partnership with Semantic Data Recognition Corporation (SDRC), BRZG is developing a mineral exploration application using SDRC’s semantic data analysis software. Our goal is to create a “better geological map” for use by geologists to narrow exploratory options, thus increasing exploratory efficiency.Our strategy calls for developing a ‘fingerprint’ of known mineral systems, using the explosion of available digital data to efficiently scan large, prospective areas for similar signatures. The analysis of the ‘fingerprints’ will be followed up with traditional prospecting and sampling. Our technology will allow mining companies to more efficiently examine hard-to-explore areas (i.e. surfacial cover or difficult access).
Our ‘scanning algorithm’ data processing technique was developed by a world-class mathematician and software developer, a partner of BRZG’s president for the past decade. He has used the algorithm successfully for almost ten years, for government agencies and private industry initiatives. While working with a national laboratory in an effort to process giga-bytes of high resolution data to identify Improvised Explosive Device’s (IED) with real-time processing, it was realized that the process was much the same as that needed for mineral exploration. Under the terms of our contract with SDRC, BRZG will own the exclusive worldwide right to apply this algorithm to process digital data for mineral exploration.
BRZG will develop a working partnership in the mining industry—ideally a junior mining company with properties in North or South America—to complete the development of this mining application. BRZG will provide the developing technological applications, management of the process and geological expertise. Our partner in the mining industry will provide financial support, data and information and geological expertise. It is anticipated that the initial study/demonstration area will be chosen by our partner based on their knowledge and information of a specific mineral exploration area.