DISRUPT MINING: Cementation, Kore Geosystems take prizes

[caption id="attachment_1003717419" align="aligncenter" width="300"] Cementation Canada president Roy Slack holds the cheque for the people’s choice award at the #DisruptMining event.[/caption] TORONTO – At Sunday’s #DisruptMining showcase sponsored by Goldcorp and Integra Mining. In front of 400 enthusiastic onlookers, Cementation Canada was the big winner, taking home $650,000. The “shark tank” style event saw Cementation pitch its injection hoisting technology to a panel of industry experts.  The process uses a combination of existing and proven crushing, pumping and slurry technologies  and a proof of concept model for injection hoisting. The process would eliminate the need for mine shaft production hoisting or trucking. Ore would be transported to the surface using  a  pump driven pipeline loop. For more information on Cementation, visit www.Cementation.com. Cementation shared the $1 million first prize with Kore Geosystems that has developed a method of installing instruments on drill rigs to provide real-time, automated high quality data inputs. In that way timelines can be accelerated for multiple mining stages and decision making. (www.KoreGeosystems-test.com/) Todd White, COO of Goldcorp, suggested that by pooling their efforts they might come up with a deal worth more than a million dollars. The judges were free to make multiple awards, and no one went home empty handed. Rob McEwen gave $50,000 to Cementation and $50,000 to Kore Geosystems. Cementation and Kore Geosystems also received $50,000 each from Robert Herjavec. Bio-Mine and TradeWinds each received $50,000 from David Harquail. Bernadette Wightman awarded $100,000 to Gold-Spot.