Open Source Prospecting

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Opening up the prospecting process in mining to participants outside the company.

Pioneered by Goldcorp and described by Don Tapscott in his book on Wikinomics


"McEwen's willingness to open-source the prospecting process not only yielded copious quantities of gold, it introduced Goldcorp to state-of-the-art technologies and exploration methodologies, including new drilling techniques, and data collection procedures, and more advanced approaches to geological modeling. This catapulted his under-performing $100 million company into a $9 billion juggernaut while transforming a backwards mining site in Northern Ontario into one of the most innovative and profitable properties in the industry." (

See our case study on Goldcorp