Alibaba: Rewarding Hydrothermal Graphite The Best Idea at PDAC Jay Currie
March 12, 2014
graphite, hydrothermal graphiteAll over the world there are core shacks, drill logs, aerial survey data and records of the millions of drill holes geologists have sunk into what they hoped would be mineral deposits. Is there a hydrothermal graphite deposit in this mountain of data?
Alibaba Resources is counting on a big reward, 2 million dollars, and crowd sourcing to find the graphite needle in the data haystack.
“We are reaching out to geologists, prospectors, surveyors, researchers and resource companies.” said Bob Komarechka, CEO of Alibaba, “We’re counting on someone seeing our reward and remembering a drill log or an EM anomaly from a property they might have been looking at a decade ago before graphite was very interesting. Or maybe a summer student looking through old core will have seen our offer and when she sees a run of graphite will tell her supervisor.”
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