Freeport", or the "
Company") is pleased to share results from an evaluation of the Star Mountains data conducted by Minerva Intelligence Inc. (TSX-V: MVAI) ("
Minerva"), an artificial intelligence company focused on knowledge engineering. Previously announced on November 23, 2020, Minerva utilized DRIVER, its cutting-edge AI software, to perform an evaluation of multi-element drilling data. In addition, Minerva reinterpreted existing geophysical information on the project and completed traditional K-Means Cluster analysis on the multi-element data.
Freeport engaged Minerva to apply its cognitive AI-powered DRIVER technology to sub-surface geochemical data available for the Star Mountains project to enhance its next phases of surface and sub-surface evaluation of the extensive property, located 25 kilometres from the Ok Tedi mine in Papua New Guinea.