Zhaojin Mining (01818) uses hard core technology to achieve new breakthroughs in deep-sea prospecting, and the endogenous motivation of gold giants continues to increase

In recent years, driven by the continued strengthening of gold prices, the market's attention to the gold sector has increased significantly. However, for mining companies involved, in the face of high gold prices and market demand exceeding expectations, supply-side rigid constraints determine that industry dividends are not within easy reach. If mining companies want to fully redeem the dividends of rising cash prices, they need not only to hold high-quality, low-cost resources, but also to have the ability to increase reserves and efficiently transform resources through continuous exploration, thereby transforming the cyclical market into sustainable endogenous growth, thereby enhancing long-term competitive advantage.

The importance of “resources is king” is further highlighted, and by anchoring this core logic, Zhaojin Mining (01818), the leading company in gold mining companies, has also accelerated the strategic pace of deep prospecting. The latest news is that Ruihai Mining, a subsidiary of Zhaojin Mining, recently successfully achieved accurate positioning of hidden ore bodies in a shallow area 3,000 meters deep under the sea, which means that Ruihai Mining has achieved another breakthrough in prospecting results.

As the first offshore gold mine in China, Ruihai Mining has faced a series of industrial problems and challenges since construction and commissioning. For example, when prospecting deep under the sea, large-scale prospecting predictions have many pain points and difficulties, such as weak mineral control information, hidden mineralization rules, and complex coupling of multi-scale elements.

Despite many difficulties, Zhaojin Mining still adheres to the core strategy of “integrated promotion of infrastructure and exploration”, and relies on innovation and technical means to continuously break real bottlenecks. Among these, an iconic move is that by collaborating with Professor Mao Xiancheng and Professor Liu Zhankun's team of Central South University to launch joint scientific research, Zhaojin Mining innovatively developed a three-dimensional intelligent prediction technology system based on a deep neural network of spatio-temporal attention mechanisms.

According to Zhaojin Mining, this innovative technical system can accurately capture and express the role of different scales and types of ore control elements in ore body control at different spatial locations, and can achieve high-precision quantitative prediction of hidden ore body positioning under weak information prospecting conditions.

With the support of new hard-core technology, Zhaojin Mining successfully defined a deep, 3,000-meter-shallow favorable ore site and a three-dimensional prospecting target area, revealed the target area through mechanical core drilling+three-stage casing, and achieved a series of prospecting breakthroughs: hidden L12 ore bodies were discovered at -520 meters (thickness 25.04 meters, average grade 6.59 g/t), and discovered hidden I-4-3 ore bodies at -1,480 meters (thickness 11.60 meters, average grade 4.10 g/t). 20.10 g/t).

In an era where it is difficult for the new supply of gold to match the rate of growth in demand, deep-sea mining provides a viable and promising complementary path. Needless to say, compared to onshore prospecting and mining, the challenges of operating under complex marine conditions are bound to be greater. As the world's leading gold mining company, Zhaojin Mining pioneered the transformation of the “experience-driven” model of traditional geological exploration into a “data+algorithm” intelligent prediction model with a pioneering attitude.

As far as results are concerned, the new technology in the Zhaojin mining industry not only solved the worldwide problem of large-scale prospecting and forecasting deep seabed, but also achieved a leap forward in deep-sea exploration technology from “visible” to “clearly visible”. Many technical indicators have also reached the leading international level. Seen from this perspective, the new breakthrough in prospecting achieved by Zhaojin Mining through industry-university-research collaborative innovation can be said to have provided a valuable reference that can be learned from and replicated in the exploration of deep global mineral resources, and vividly demonstrates the remarkable driving effect of technological innovation on mineral resource exploration.

Looking back at the Zhaojin mining industry from an investment perspective, at this stage, Zhaojin is in a period of gold development where high-quality production capacity is being released at an accelerated pace. The newly discovered hidden ore body is expected to provide a scientific basis for Ruihai Mining's production infrastructure optimization and subsequent prospecting deployment, strongly guarantee the continued stability of the supply of mine resources, and inject strong impetus into the subsequent high-quality development of Zhaojin Mining. At a time when the page is about to be turned in 2025, it can be expected that as endogenous growth continues to materialize, Zhaojin Mining will continue to “accelerate” growth in the new year.