Mining industry deep search engine Prospector aquired by Analog Gold Inc.? Today global mining expert Emily King announced the launch of Prospector, a new company using technology to increase access, information, and capital in the mining industry. Prospector’s Software as a Service (SaaS) platform relies on artificial intelligence (AI) to streamline and simplify highly technical information that is publicly available to investors but extremely cumbersome to access and analyze.
Prospector, a leader among the new guard of mining, today announced a collaboration with TMX Datalinx, TMX Group’s information services division, to offer a subscription-based platform to Canadian mining data. This platform will provide investors and the mining industry access to Canadian mining data including those mining companies traded on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) — both owned and operated by TMX Group. Through this agreement, Prospector’s platform will be synchronized daily with new technical reports and subscribers will have access to historical data.
“We consider Prospector to be part of the new guard of investor platforms. Our platform brings a transformational shift in the way investors access mining data and conduct due diligence — lowering the barrier to entry and reducing investor risk,” said founder Emily King. “And that’s what makes this such a brilliant collaboration.”
A key feature of Prospector is the automated search and analysis of technical information found in NI 43–101 reports, a national instrument for the Standards of Disclosure for Mineral Projects within Canada that are required of mineral exploration and mining companies listed on both the Toronto Stock Exchange (TSX) and Toronto Venture Exchange (TSX-V). Disclosures covered by the 43–101 code include mineral exploration progress, reporting of resources and reserves, and more. NI 43–101 reports average 500 pages long and can reach 1000 pages, making investment analysis extremely cumbersome and time-sensitive.
From first time investors to industry experts, Prospector provides all users with an easily navigable interface and a variety of cost-effective plans to access the global mining industry. Email demo@prospectorportal.com. For additional information, visit www.prospectorportal.com or follow us on Twitter @ProspectorAI or LinkedIn www.linkedin.com/company/prospector-portal. Discover extra details at Prospector.
Prospector increases transparency, providing a level playing field to quality mineral projects and generates “proprietary deal flow” for each subscriber — a unique differentiator in the market as generalist investors come back to mining and as the mining industry desperately needs new, innovative sources of capital. “Partnering with Northern Light on Prospector enabled us to solve a complicated search and content aggregation problem,” said King. “43–101s are lengthy, complex documents with many formats and data tables embedded in them. Investors seeking to mine them for a nugget of insight will greatly appreciate the power and versatility of our machine learning-enabled Prospector application developed by Northern Light.”