Acoustic Zoom has closed a $1 million investment from Goldcorp Inc, one of the world’s leading gold producers. Acoustic Zoom, an advanced geophysics company specialising in innovative seismic solutions, was awarded the top prize at #DisruptMining 2018, an innovation accelerator designed to encourage new technologies and ideas to solve some of the biggest challenges in mining. As part of the investment, Sergio Espinosa, Director of Geophysics at Goldcorp, will join Acoustic Zoom’s board of directors. A $150,000 pilot program will launch this summer at Goldcorp’s Red Lake Gold Mines in Ontario.

“#DisruptMining completely accelerated our business, and we thank Goldcorp for sharing our vision to drill smarter using innovative technology,” said Professor Jacques Guigné, Chief Executive Officer, Acoustic Zoom. “The strength of our approach is the ability to adapt our imaging techniques to the requirements of a particular site. Working with Goldcorp’s geologists, we will use our winning seismic technology to deliver unique imaging data that adds risk-mitigating value from exploration to mine planning.”

“After competing as a semi-finalist in #DisruptMining 2017, they perfected their technology and submitted again in 2018, this time earning a spot as a finalist, and ultimately coming out as the clear winner,” added Todd White, Chief Operating Officer, Goldcorp. “We are excited to grow our partnership with Acoustic Zoom as we kick off the pilot program at Red Lake.  We expect their story will continue as they collaborate with other players across the entire mining industry.”