ARANZ Geo, developer of 3D geological modelling software Leapfrog Mining, has signed a new Software License Agreement with one of the world’s largest gold producers, Barrick. Barrick has been using Leapfrog since 2005 and the signing of the agreement reflects increased usage of Leapfrog across the Barrick Group. Leapfrog Mining is used by Barrick geologists in Canada, the US, Tanzania, Chile, Dominican Republic, Australia, and Peru.
In addition to the use of Leapfrog for modelling exploration data for gold deposits, Leapfrog is also used for project evaluation by Barrick geologists and senior management. Rob Krcmarov, Senior Vice President – Global Exploration, said: “My exploration team makes extensive use of Leapfrog. I personally review Leapfrog models as a means of assessing potential Barrick investment and exploration opportunities.” Barrick is a key gold industry major, with a portfolio of 26 operating mines and advanced exploration and development projects located across five continents.
The Leapfrog Mining software is fast, dynamic, 3D geological modelling technology with innovative workflows that enable the best possible understanding of the geology. Leapfrog enables accurate and consistent visualisation of data providing confidence in the interpretation and modelling of that data from early exploration to mine remediation. Multiple hypotheses can be explored, new data added and course corrections made easily as the project proceeds. Leapfrog is currently used in many of the leading mining and exploration companies around the world. “This is a significant agreement for ARANZ Geo and we look forward to building on the relationship with Barrick in the future,” commented Simon Elphick, Key Account Manager of ARANZ Geo.