GoldSpot Initiates Strategic Partnership to Bring its Technology to Australian Markets
Toronto, Ontario--(Newsfile Corp. - March 2, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") announces that it is partnering with Australia-based RSC Mining and Mineral Exploration ("RSC") to bring GoldSpot's technologies to the Australian mining and resource exploration sector. Under this arrangement, RSC will make GoldSpot's machine learning products accessible across the Australian mining value chain from regional greenfields exploration, through resource and...
2020-03-02 8:30 AM EST
GoldSpot and Yamana Gold Collaboration Results in Improved Exploration Targeting at El Penon
Toronto, Ontario--(Newsfile Corp. - February 27, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") commends Yamana Gold Inc. ("Yamana") on its strong reported fourth quarter and full year 2019 results (see Yamana's press release of February 13, 2020). Of particular interest for GoldSpot is Yamana's mention of the use of machine learning technology to improve exploration targeting and also contribute to the meaningful increases in mineral resource inventory at its...
2020-02-27 8:30 AM EST
GoldSpot Provides High Quality Targets for Pacton's Red Lake Project
Toronto, Ontario--(Newsfile Corp. - February 14, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce that Pacton Gold Inc. ("Pacton") has extended its contract with GoldSpot, AI-leaders in exploration. Pacton is currently drilling targets, some of which were delineated by GoldSpot in 2019. As a result of the extension, Pacton will continue to benefit from GoldSpot's use of machine learning analysis on available data to help target drilling and...
2020-02-14 8:30 AM EST
Goldspot Discoveries AI-Targeted Drilling Discovers New Zone Containing 19.0m of 92.86 gpt Au in Newfoundland, Canada
"We would like to thank GoldSpot Discoveries and their professional team for the utmost attention to detail in managing the data compilation and interpretation. The combination of traditional and machine learning targeting has led to us to a discovery hole and New Found Gold looks forward to the continued advancement of this project and partnership with GoldSpot." - Greg Matheson, COO of New Found Gold Corp. Artificial Intelligence (AI) yields positive results in greenfields exploration. AI...
2020-01-29 1:19 PM EST
GoldSpot Reports Three and Nine Months Ended September 30, 2019 Unaudited Financial Results
Toronto, Ontario--(Newsfile Corp. - November 28, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce the unaudited financial results of the Company, as at and for the three and nine months ended September 30, 2019 (the "Financial Results"). Highlights for the three-month period ended September 30, 2019: Increased consulting revenue by 615% to $750,911 from $104,944 for the three months ended September 30, 2018; Non-recurring impairment of...
2019-11-28 8:00 AM EST
GoldSpot Signs 4-year Deal with MERC, Collaborating on a $104 Million MERC-led R&D program
Toronto, Ontario--(Newsfile Corp. - October 31, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot"), a Canadian technology company that applies artificial intelligence and machine learning to make new mineral discoveries and better investment decisions, is pleased to announce it has commenced a four-year collaboration with the Metal Earth project, a $104 million applied R&D program led by the Mineral Exploration Research Centre (MERC) at Laurentian University. As the...
2019-10-31 7:30 AM EDT
GoldSpot Discoveries and Vale to Use Artificial Intelligence at Coleman Mine
Toronto, Ontario--(Newsfile Corp. - October 24, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot") is pleased to announce that its team of expert geologists and data scientists has been engaged by Vale Canada Limited ("Vale") to use machine learning to identify new drilling targets at Coleman Mine, part of its flagship base metals operations located in Sudbury, Ontario. With the tremendous amount of data Vale has acquired over multiple decades of mining at Coleman, Vale has...
2019-10-24 7:30 AM EDT
Gran Colombia Confirms GoldSpot's Machine Learning Targets
Toronto, Ontario--(Newsfile Corp. - October 22, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") congratulates Gran Colombia Gold Corp. ("Gran Colombia") on its recent exploration successes. Over the last several months, GoldSpot has been working closely with the exploration team from Gran Colombia to leverage machine learning capabilities for data processing and prospectivity analysis to aid in establishing future drilling targets at Segovia, both near the...
2019-10-22 7:30 AM EDT
GoldSpot Discoveries Successfully Uses Deep Learning to Generate Accurate Geological Maps
Toronto, Ontario--(Newsfile Corp. - October 15, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to provide an update on the benefits of its proprietary artificial intelligence (AI) technology. Testimonial From Yamana Gold "GoldSpot and Yamana Gold recently completed a machine learning collaboration in the area surrounding the El Penon mine site using extensive, multidisciplinary, geological, geophysical and geochemical datasets. The study was...
2019-10-15 7:30 AM EDT
GoldSpot Discoveries Provides Corporate and Royalties Update
Toronto, Ontario--(Newsfile Corp. - September 27, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") reports, in light of the recent fluctuations in the price of its common shares, that it is not aware of any material corporate development or material change in the Company's business or affairs. GoldSpot believes that it remains in good financial condition, with strong revenues from its consulting and services arm. As indicated in its most recent interim...
2019-09-27 6:00 PM EDT
GoldSpot Reports Three and Six Months Ended June 30, 2019 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 27, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce the financial results of the Company, as at and for the three and six months ended June 30, 2019 (the "Financial Results"). Highlights for the three-month period ended June 30, 2019: Increased consulting revenue by 82% to $399,673 from $219,600; Committed $2.4 million in investments and the acquisition of royalties on 4 district scale properties...
2019-08-27 5:22 PM EDT
Goldspot Discoveries Bolsters Portfolio with Royalties in Prolific Red Lake Ontario Area and Option to Acquire Royalties in Pilbara Australia
Toronto, Ontario--(Newsfile Corp. - June 7, 2019) - Goldspot Discoveries Corp. (TSXV: SPOT) ("Goldspot") is pleased to announce that it has signed a service agreement with Pacton Gold Inc. ("Pacton Gold") to utilize Goldspot's A.I. and machine learning expertise to evaluate and identify possible mineral and drill targets on Pacton Gold's Red Lake, Ontario property over the course of the next eighteen months. As partial consideration for these services, Goldspot has been granted a 0.5-per-cent...
2019-06-07 3:37 PM EDT
GoldSpot Unveils AI for Mining at Collision and Resumes Trading
Toronto, Ontario--(Newsfile Corp. - May 21, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is proud to announce that it will be showcasing at Collision Conference - North America's fastest growing tech conference. Now in its fifth year, Collision (https://collisionconf.com/) brings together the people and the companies redefining the global tech industry. 25,000 attendees from 120 countries will congregate in Toronto for three days to connect and hear from some...
2019-05-21 7:56 AM EDT
GoldSpot Discoveries Corp. Announces Filing of Interim Financial Statements and Subsequent Revocation of Cease Trade Order
Toronto, Ontario--(Newsfile Corp. - May 16, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") announces that further to its press release of May 10, 2019, the Company has filed its interim financial statements, management's discussion and analysis and related certifications (the "Interim Financial Materials") for the three and nine-month period ended February 28, 2019 and, accordingly, the failure-to-file cease trade order (the "Order") issued by the Nova Scotia...
2019-05-16 6:02 PM EDT
GoldSpot Discoveries Corp. Announces Delay in Filing Interim Financial Statements
Toronto, Ontario--(Newsfile Corp. - May 10, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "Goldspot") announces that the Nova Scotia Securities Commission has issued a failure-to-file cease trade order (the "Order") as a result of the Company's delay in the filing of its interim financial statements, management's discussion and analysis and related certifications (the "Interim Financial Materials") for the three and nine-month period ended February 28, 2019. The delay is...
2019-05-10 8:29 PM EDT
GoldSpot Discoveries Corp. Reports Annual 2018 Financial Results and Increase in Revenue by 175%
Toronto, Ontario--(Newsfile Corp. - April 29, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce the financial results of GoldSpot Holdings Inc., the wholly-owned subsidiary of the Company, as at and for the year ended December 31, 2018 (the "Financial Results"). Highlights for the year ended December 31, 2018: Increased revenue by 175% to $1.2 million from $452,508; Entered into three additional Service Contracts with mining and exploration...
2019-04-29 5:44 PM EDT
GoldSpot Discoveries to Use Artificial Intelligence on Gran Colombia Gold's Segovia Operations
Toronto, Ontario--(Newsfile Corp. - April 11, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot") is pleased to announce that its team of expert geologists and data scientists has been engaged by Gran Colombia Gold Corp. ("Gran Colombia") to use machine learning to identify new drilling targets at their Segovia Operations located in the Segovia-Remedios mining district of Antioquia in Colombia. With the recent closing of a CDN$20-million private placement, Gran Colombia plans to...
2019-04-11 7:30 AM EDT
GoldSpot Discoveries Corp. Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - March 18, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") announces that it has granted an aggregate of 3,681,000 options to purchase common shares of the Company (the "Stock Options") to certain employees, consultants and directors of the Company. The Stock Options are exercisable at a price of $0.40 per common share, equal to the effective price per common share issued in connection with the Company's recent subscription...
2019-03-18 12:50 PM EDT
GoldSpot Discoveries Corp. Announces Acquisition of Royalties in Two Prolific Districts Covering Over 900,000 Hectares and Closing of Strategic Partnership with Manitou Gold
Toronto, Ontario--(Newsfile Corp. - March 4, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company"), is pleased to announce that it has completed two additional strategic partnerships with each of New Found Gold Corp. ("New Found Gold") and One Bullion Limited ("One Bullion"). Pursuant to the terms of an investment agreement between GoldSpot and New Found Gold, the Company has acquired a 1% net smelter return royalty on New Found Gold's Linear Property (the "Linear...
2019-03-04 8:00 AM EST
GoldSpot Discoveries Corp. Announces Appointment of Frank Holmes as Independent Chairman and Strategic Partnership with Manitou Gold
Toronto, Ontario--(Newsfile Corp. - February 25, 2019) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company"), is pleased to announce that, in connection with the completion of its qualifying transaction, U.S. Global Investors Inc. ("U.S. Global") has competed a strategic investment in the Company. U.S. Global has exposure to 7,107,871 shares of GoldSpot, or approximately 8% of outstanding shares of the Company. GoldSpot commenced trading on the TSX Venture Exchange under the...
2019-02-25 8:00 AM EST