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karelian gold rush

GLOBAL EXPLORATION CHALLENGE


gold rush winners

Karelian Gold Rush 2015 -winning team is:

Caroline Izart and Loïc Salesses

The winning team  did receive their 40 000€ cheque at the PDAC 2016 conference 7th March.

Congratulations!

All winners of the Karelia Gold Rush 2015 »

 


Rules and guidelines

Registered persons must comply with these “Karelian Gold Rush 2015” Rules. Registered persons will be deemed to have received, understood and agreed to these “Karelian Gold Rush 2015” Rules through their registration in this Challenge.

All data for the competition is free of charge and no purchase or payment is needed to make to participate this challenge.


Participation

Any individual or a group who has reached legal age in their jurisdiction are allowed to participate to the challenge with the exception of employees of Endomines AB and Endomines Oy including their close families. One individual can be member only to a one participating team.

To be a valid proposal it has to be submitted via internet at the latest by January 15th, 2016 at 24:00 EET (GMT+2).


Prizes

Cash prizes will be paid after judges have ranked the entries and the winners of the awards are made public. Prizes must be excepted as awarded and cannot be transferred, assigned, sold, substituted or redeemed for cash. Each awarded winner is liable for the taxation of the its cash prize.

If the winners are not reached after two weeks of the announcement of the winners, the prize will be given to the next runner-up in line. Maximum of 5 attempts will be made to contact each awarded.

An international jury of independent geoprofessionals is selected for ranking the submitted proposals.

JURY MEMBERS »

Jury reserves the right divide an award prize within more than one entries in case of even ranking and an agreement of the jury. Applicants may be interviewed for additional information if the jury wishesto do so.

Prizes are:

1st Prize €40,000

2nd Prize €20,000

3rd Prize €10,000

4th to 8th Prize €2,000

TOTALLING €80,000


Time table:

March 3rd, 2015   Launching of the Challenge at PDAC 2015
September 1st, 2015     Pre-registration opens
November 11th, 2015 Challenge opens with making the data public at FEM 2015 (13:30 EET)
January 15th, 2016 Submission deadline (24:00 EET)
March, 2016   Announcement of the winners at the PDAC 2016

Guidelines

Proposal should be easy to read and thorough so that each jury member will understand the proposal in an equal way. No names, logos, company referrals or any markings that may make the writer recognizable are allowed in the proposal text, except on the cover page. Entries must be submitted in digital format

  • 10 pages of A4 page + cover page + 1 A3 appendix
  • Font size min. 12, line spacing 1.5, page marginal min. 2.5 cm
  • File type must be *.pdf and it can include pictures and tables.
  • Language is English, entries with other languages will be disqualified.
  • Videos of file format *.mp4 or *.avi can be attached maximum of 1 piece with maximum length of 3 minutes. The jury is not obliged to watch the video.
  • Contact details of the participant have to be added to a cover page. In the actual entry text references to the competitors name or company are forbidden. The entry text must be “blind”.

Cover page

Write on this separate page your name with contact details. If you are a group, list the names of all members and highlight separately the name and contact details of the contact person.

Name / Surname / email / address / country / phone / education / company / Title / date / number of pages/number of pictures/number of tables/appendixes/group member names/responsible contact person.

Name your proposal with a similar descriptive title on the Cover Page and Title Page.  The Cover Page will be removed from the proposal before it is submitted to the Jury.

Title page

Write on this separate page only the title of your proposal and date. No names, companies or any personalising information.

Name your proposal with a similar descriptive title on the Cover Page and Title Page.  The Cover Page will be removed from the proposal before it is submitted to the Jury.

Table of context

Write table of context on this page, but no names, companies or any personalising information.

Introduction or Background

Write a short description of your proposal and background for your conclusion. Remember prioritization and the short- and long-term goals.

Description or Techniques

Describe the techniques and processes which t were used to reach your conclusion and proposal.

Exploration targets

Explain your proposal, describe the targets and the exploration method or technique to be used in detail. Remember to justify your proposal. If you are proposing several exploration targets and/or techniques remember to prioritise your proposals.

Summary

Include max one page executive summary.

List of references

List of references.

Weighting on ranking

50%

Techniques & Precision

Theories, justification and details of proposals (conclusion). Precise exploration target proposals and prioritisation.

20%

Feasibility & Practicality

Economical and technical feasibility and practicality of the proposal.

20%

Innovativenes & Out-of-box thinking

New and innovative approaches to the exploration at Karelian Gold Line

10%

Presentation & Documentation

Clearly and well organised presentation of the proposal.

DISQUALIFICATION

Endomines reserves the right, at its sole discretion, to disqualify any participant who is (i) found to be tampering with the entry process or with the operation and administration of the Challenge; (ii) acting in an unsportsmanlike or disruptive manner, or with the intent to disrupt or undermine the legitimate operation of the Challenge; (iii) or in violation of the Challenge Rules.

Automated entries or votes sent via bots will be disqualified. Automated and/or repetitive electronic submissions (including but not limited to entries made using any script, macro, bot or contest service) will be automatically disqualified and transmissions from these or related accounts may be blocked. Endomines reserves the right to seek damages and other remedies from any such entrant to the fullest extent permitted by law, including but not limited to criminal prosecution.

All the rights to the submitted proposals are owned by Endomines Oy until the end of 2016. No one is allowed to publish any conclusions or articles based on the data released for the competition.

Use of material / Licencing and copyright

  • Any entry submitted to the Karelian Gold Rush 2015 – Endomines Exploration Challenge must be an original work created by the participant or the participant team members and the participants must have all necessary rights in and to the submission.
  • Participants must keep confidential the geological data and other information disclosed by Endomines and the contents of participants' submissions, during the Challenge and thereafter, unless Endomines authorizes disclosure of the information or Submission.
  • All released material is meant solely for the use of the registered participant and only for the purpose of the Karelian Gold Rush 2015 - Endomines Exploration Challenge.
  • No data is allowed to be copied or distributed to a third party
  • The data cannot be used against or with an intension of harm doing against Endomines Ab or Endomines Oy.
  • Participants must assign to all of their rights in the submission and the intellectual property embodied therein, to Endomines.
  • Data owned by GTK (Geological Survey of Finland) is not allowed to be distributed to a third party. Main part of the data can be uploaded by individuals fromhttp://hakku.gtk.fi
  • Data owned by MML (Land Surveying Office) is not allowed to be distributed to any third party. Data can be uploaded fromhttp://www.maanmittauslaitos.fi/en/file_download_service portal in the framework of MLL licence applicable for each data.
  • Submissions will be retained by Endomines for use by Endomines, its affiliates and licensees.
  • Applications will be retained by Endomines; information and data will be accessed only by Endomines and its competition partners and not sold or shared.

Disclaimers

Endomines reserves the right to change rules. Registered participants will receive notification when changes are made.

Endomines is not responsible or liable for late, lost, incomplete, illegible, misdirected, stolen, delayed, damaged or destroyed entries, notifications, replies or any Challenge Release; for lost, interrupted, inaccessible or unavailable networks, servers, Internet Service Providers, websites or other connection, related to the Challenge; for errors of any kind, including but not limited to human, electronic, mechanical and/or technical in nature; for failure or technical malfunction of any telephone network or lines, computer and online systems, servers, computer equipment, software, e-mail, players, or browsers on account of technical problems or traffic congestion on the Internet, any websites related to the Challenge, including without limitation the Challenge Webpage, or any combination thereof or otherwise; for any injury or damage to participant, participant’s computer, or any other person’s computer related to or resulting from participating in or downloading material in connection with the Challenge; for incorrect or inaccurate information; and/or for weather conditions, event cancellations, delay or rescheduling or other factors beyond the Integra’s control.

 

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Karelian Gold Rush 2015 Jury Members


paul evins 1

Paul Evins

Structural geology, Ph.D., EurGeol, FGS, WSP Sweden

Paul Evins is an all-round geologist with nearly 20 years of mapping experience in Sweden, Finland, Australia, Canada, USA, Greenland and the Alps. In the resource sector Paul works with both mining and aggregate companies. His range of capabilities includes geological mapping on the regional to mine scale, structural core logging, structural analysis of rock bodies, geotechnical baseline reports and modelling, and isotopic, major and trace element microanalysis. Paul ground truths ore exploration models in the field and in drillcore. He creates new field databases as well as reviewing, validating, and interpreting geological and structural databases.  His field observations have led to significant changes in exploration strategy in several deposit types. Paul has offered courses and personally trained exploration geologists in mapping and structural geology for a number of companies.


dennis schatter 1

Dennis Schlatter

Geochemistry, Ph.D., EurGeol, DHGEO, Helvetica Exploration Services, Switzerland

Dr. Denis Martin Schlatter is a professional geologist and has now his own consultancy, “Helvetica Exploration Services GmbH”, based in Zürich, Switzerland with a client basis centered on Greenland and Scandinavia. He specializes particularly in geochemical exploration, lithogeochemical techniques, petrology and the application of facies mapping in mineral exploration.

Denis holds an MSc. in Geology from Neuchâtel University, Switzerland, and Tech. Licentiate and Ph.D. in ore Geology (on the Skellefteå mining district) from the Luleå University of Technology.

Denis has over 20 years experience in mineral exploration in industry, academia and government. This includes mineral exploration and ore deposit research as a geologist and geochemist at the Geological Survey of Denmark and Greenland (GEUS), Boliden Mineral AB, Crew Development Corporation, Mindex ASA, Nunaoil A/S and NunaMinerals A/S.

Denis is a specialist in Archean and Paleoproterozoic Geology and the geological history of Greenland and a specialist in Paleoproterozoic Geology of the Fennoscandian shield. Denis has extensive experience from gold exploration in Archean and Paleoproterozoic Greenstone belts from Greenland and the Fennoscandian shield with focus upon processes of gold mineralisation and application of geochemical exploration techniques.

Denis has spent between 1996 and 2015 as an ore geologist 13 field seasons in Greenland, mainly for gold exploration. He was also the project leader for three large expeditions in South West Greenland for GEUS from 2008 to 2010 and was involved in discoveries of several new gold occurrences in South West Greenland. For Nunaoil A/S he was responsible project geologist from 1996 to 2001 in the development of the Nalunaq gold deposit in South Greenland for the Bankable Feasibility Studies.

Denis is a Fellow of the Society of Economic Geologists, a Fellow of the Association of Applied Geochemists and a member of the Society for Geology Applied to Mineral Deposits. He is also a Chartered Geologist with the European Federation of Geologists (EurGeol; title 930) and a Chartered Geologist of the Swiss Association of Geologists (CHGEOLcert; title 728-2014) and a Qualified Person under National Instrument 43-101. Denis is member of the organizing committee of the NAC and NAC+ conferences and a SEG Student Chapter Industry Sponsor since 2013 at the St. Andrews University (Scotland). Denis has past experience from panel and jury work. In 2014 Denis was retained by Materials innovation institute ERA-MIN (Netherlands) as a Qualified Person, evaluator and rapporteur and he has reviewed research proposals for the ERA-MIN joint call and he has also co-chaired as an expert the Evaluation Board Meeting in Amsterdam. For GEUS, Denis was panel member in 2011, 2012 and 2014 for their mineral resource assessment workshops on gold, nickel and zinc. For GEUS, Denis has also been an expert panel member for the Greenlandic mineral hunting program “Ujarassiorit” in 2010.

Denis has authored and co-authored numerous scientific peer reviewed and popular articles about Greenlandic and Scandinavian ore Geology and has been retained as a reviewer for evaluating of manuscripts.

Denis has also provided abundant public talks and he is giving frequent lectures and he chairs sessions at international conferences. He also provides workshops on geochemical exploration technique to academia and industry. He lectures on Geology, ore Geology, Geochemistry and the exploration of the arctic regions and he is fluent in four languages (Swiss German, German, French, and English).


turo ahokas 1

Turo Ahokas

Geophysics, M.Sc., Independent Senior Geophysicist, Finland

Turo Ahokas graduated from Helsinki University of Technology, Mining and Metallurgy Department in 1973. His majors were applied geophysics and economical geology. He started professional career in Outokumpu Exploration as exploration geophysicist in 1973.

During years 1988 - 1991 he worked as ADP-designer (knowledge based systems) in Outokumpu Data Systems (later Carelcomp Oy). From 1991 to 2002 he worked as manager (owner) and consultant in GX Consulting. As a consultant he was responsible of supervising, modelling and reporting of different kind of geophysical exploration projects in Finland, Ireland, Spain, Morocco, etc.  He also worked as consulting ADP-designer in projects concerning knowledge based systems.

During years 2002 – 2007 he worked for Posiva Oy, Finland as geophysicist coordinating geophysical investigations and taking care of geophysical characterizing of the site for nuclear waste repository, planning, ordering, controlling and modelling of geophysical measurements and budgeting geophysical activities.

During years 2007 – 2011 he worked in Pöyry Environment Oy (later Pöyry Finland Oy). The tasks in Pöyry consisted of expert consultancy for geophysical investigations, supervision, quality assurance, modelling and reporting applied geophysics in nuclear waste disposal site characterization and expert consultancy for geophysical modelling and reporting of exploration data.

His speciality is 3D-modelling (integrated modelling) of different kind of geophysical data. His magnetic modelling results helped the exploration group to discover the Enonkoski Laukunkangas nickel ore deposit (mined out) and his gravity modelling results were leading to the discovery of the Perttilahti and Kylylahti ore deposits (Kylylahti under mining today). He also worked as member in the geological modelling group of Posiva Oy for characterizing the nuclear waste disposal area in Olkiluoto, Finland, (especially locating the fractured zones).

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News

Crowdsourcing in Mineral Exploration

 Oct 22, 2015 11:10:53 AM / by ENDOMINES

Crowdsourcing and open source concepts are familiar to the greater public by Linus Torvalds with his Linux operating system for computers. The idea is to make the programing code open and public, so that anybody is able to study, develop and improve it. The idea has been tested also in mineral exploration.

A Canadian mining company, Goldcorp Inc. started an exploration contest in 2000 by publishing its geological database. The competition was based on the concept of crowdsourcing. Anyone was able to look and analyse the data and come up with own ideas for exploration targets. The contest produced over 100 proposals for exploration targets of which 50% were previously unknown to the company. From these new targets 80% “struck gold” and yielded significant gold reserves, a total of 8 million ounces was found. The company market value rose from $100 million to $9 billion.

Karelian Gold Rush 2015

Endomines Oy has taken the initiative to organize an exploration challenge – Karelian Gold Rush 2015 – based on the crowdsourcing concept. By publishing all relevant data from over 30 years of exploration to the public, Endomines challenges the scientific, geological and mining communities to search for the next big gold discovery at the Karelian Gold line. The 40 km-long Karelian Gold line is located at Hattu Schist Belt, within an Archaean Ilomantsi Greenstone Belt in eastern Finland. The underexplored region is hosting two operating mines, several gold mineralisation and has a great potential for new discoveries.

The Data

The competition material includes among other data drill core data from 2,500 drill holes totalling 191 kmgeochemical till and soil data from 130,000 samples, SkyTEM heliborne time domain electromagnetic and magnetic survey, other ground and aerial geophysical surveys and internal exploration reports.

gold rush pic 41

The data can be viewed on different map layers on the LouhiGold map service at HTTP://LOUHIGOLD.SITO.FI/ provided in co-operation with Sito. Teaser version is open for everybody and all data will be available for the registered participants.

Timetable

The challenge was launched in Toronto, Canada, at PDAC2015 in March, 2015. Registration opened on September 1st and the data will be made public on November 4th (13:30 GMT+2) at the Endomines Booth (A11) at the FEM 2015meeting in Levi, Finland. All data will be simultaneously available for download from the official website at goldrush.endomines.com. The exploration target proposals are due to submission by January 15th, 2016. Entries will be judged by an international jury of independent professionals. The winning proposals will be announced at the PDAC2016 in March 2016 in Toronto, Canada.

Participating groups or individuals should look and analyse the data with an open mind and out-of-box thinking, and come up with their own exploration target proposals. You don’t have to be a professional to participate, the competition is open to everybody, Individuals, Groups, Universities, Geologists, Mathematicians, Chemists, Physicists, Consultants, etc.

The winning proposal will be rewarded with 40,000€. The second will get 20,000€ and the third 10,000€. Five runners-up will be rewarded each with 2,000€.

 

Endomines Oy will publish exploration data from the Karelian Gold Line of Eastern Finland.

 Mar 2, 2015 9:00:00 AM / by ENDOMINES

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The data cover drill core data from over 1,000 holes totalling over 75 km, geochemical till and soil data covering the 40 km-long Karelian Gold Line, geophysical data, internal exploration and reports.

 

Geological setting

 Mar 2, 2015 9:00:00 AM / by ENDOMINES

news geological

The 40 km-long Karelian Gold Line is part of the Ilomantsi-Kostamuksha greenstone belt, in the Archean Karelian Province of the Fennoscandian shield. Several orogenic gold deposits occur within the belt. Two are currently in production, Pampalo and Rämepuro (Endomines Oy).

Gold was first discovered in the belt in 1970, in glacial boulders. The Geological Survey of Finland explored the area in late 1980’s and early 1990’s, generating numerous targets. In the late 1990’s, Outokumpu Oy test mined at Pampalo, extracting 115,000 tonnes @ 15.5 grams/tonne Au. Endomines Oy started production at Pampalo in 2011.

The region is underexplored and shows great potential!

 

Propose Your own ideas

 Mar 2, 2015 9:00:00 AM / by ENDOMINES

news03 w

For the next exploration target and become the winner of the Karelian Gold Rush 2015 Exploration Challenge! Entries will be judged by an international jury of independent professionals.

The winner of the competition will be awarded 40 000 euros. The second competitor will get 20 000 euros and third 10 000 euros. We will also award competitors from places 4-8th by 2000 euros each.

 

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Contact

Endomines Oy
Pampalontie 11 
FI-82967 Hattu 
FINLAND

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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