GoldSpot Discoveries to Apply Artificial Intelligence to TRU Precious Metals Corp. Newfoundland Properties
Toronto, Ontario--(Newsfile Corp. - April 14, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (“GoldSpot” or the “Company“) is pleased to announce it has been engaged by TRU Precious Metals Corp. (TSXV: TRU) (“TRU”) to apply its proprietary machine learning technology and geoscience expertise on TRU’s Golden Rose and Twilite Gold projects, located in the prolific Central Newfoundland Gold Belt. GoldSpot will bring its proven Artificial Intelligence (“AI”) expertise that has led to important mineral discoveries in the province to TRU’s...
2021-04-14 8:00 AM EDT
GoldSpot Reports Record Earnings and Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - April 8, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce the three and twelve months ended December 31, 2020 consolidated financial results of the Company (the "Financial Results")."Financially, GoldSpot ended 2020 with record revenue, net income, cash and investment balances to date," stated Denis Laviolette, Executive Chairman and President of GoldSpot. "Our team rose to the challenge and worked together to deliver our strongest performance to date as well...
2021-04-08 8:00 AM EDT
GoldSpot Discoveries Signs Service Agreement with Granite Creek Copper
Toronto, Ontario--(Newsfile Corp. - March 30, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce it has been engaged by Granite Creek Copper Ltd ("Granite Creek") to apply its proprietary machine learning technology and geoscience expertise on Granite Creek's Carmacks and Carmacks North project, located in the high-grade Minto copper district of Canada's Yukon Territory. GoldSpot will work closely with Granite Creek's technical team to analyze geological, geochemical, and geophysical data covering the Company's...
2021-03-30 8:00 AM EDT
GoldSpot Discoveries Identifies New Gold Targets at the Courcy Project Using Artificial Intelligence
Toronto, Ontario--(Newsfile Corp. - March 17, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce that it has identified several gold targets at Stelmine Canada Ltd.'s (TSXV: STH.V) ("Stelmine") Courcy project in Quebec. GoldSpot was mandated by Stelmine to conduct a targeting study at its flagship project located in the eastern Opinaca basin, 100 km west of Fermont, Quebec-Labrador. GoldSpot identified 28 drill ready targets, each classified by priority, using its proprietary expertise...
2021-03-17 8:00 AM EDT
GoldSpot Discoveries Helps Monarch Mining Find New Gold-Rich Zones at the Beaufor Gold Deposit Using Artificial Intelligence
GoldSpot Discoveries Corp.'s proprietary approach of Artificial Intelligence (AI) and geological interpretation yields exploration success at the Beaufor deposit; Monarch Mining reported first surface exploration holes have returned high-grade assay results, including 35.87 g/t Au over 9.8 metres and 11.02 g/t Au over 5.55 metres; Additional follow-up drilling is planned to test extensions of positive near-surface results; Additional GoldSpot targets are in-queue for upcoming drill testing. Toronto, Ontario--(Newsfile Corp. - February 22, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot"...
2021-02-22 8:00 AM EST
GoldSpot Discoveries Engaged by Fortuna Silver Mines to Identify Targets
Toronto, Ontario--(Newsfile Corp. - February 16, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce it has been engaged by Fortuna Silver Mines Inc. ("Fortuna") to create exploration prospectivity maps and 3-D targets for one of its mines.GoldSpot will process, integrate, and interpret underground and exploration drilling data in the region, using its proprietary combination of geoscience, data analytics and artificial intelligence algorithms. The work program will include data QA/QC and compilation; geochemical...
2021-02-16 8:00 AM EST
GoldSpot Discoveries Identifies New Structure Parallel to New Found Gold's Discovery for Exploits Discovery
Toronto, Ontario--(Newsfile Corp. - January 14, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") and Exploits Discovery Corp (CSE: NFLD) ("Exploits") are pleased to announce they have identified secondary faults parallel to the mineralized Appleton fault which hosts New Found Gold Corp's ("NFGC") discovery hole, on its Mt. Peyton Project. GoldSpot is a shareholder of Exploits.GoldSpot and Exploits are proud to announce, that through GoldSpot's historical compilation, re-interpretation, and data analysis techniques, it has identified a...
2021-01-14 7:30 AM EST
GoldSpot Discoveries Deploy New Inversion Process at Northstar Gold's Miller Gold Property
Toronto, Ontario--(Newsfile Corp. - January 11, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce the deployment of its proprietary inversion process, MinusOne, on Northstar Gold Corp. Miller Gold project. This inversion along with machine learning work has aided Northstar to identify known lithologies (see Northstar press release). "Geophysical data is one of the most utilized datasets in the exploration industry. It was a natural evolution for GoldSpot to develop its own inversion...
2021-01-11 12:12 PM EST
GoldSpot Completes Business Combination of XCorp AI Ltd.
Concurrent financing completed to raise $6,427,500GoldSpot holds 31.3% of consolidated entity entailing fair value of $8,075,000Toronto, Ontario--(Newsfile Corp. - January 4, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce that it has completed the previously announced business combination of its majority owned subsidiary, XCorp AI Ltd. ("XCorp"), with Golden Planet Mining Corp. ("GPM") effective January 1, 2021 (the "Business Combination"). Pursuant to the Business Combination, (i) GoldSpot and each of the other...
2021-01-04 7:30 AM EST
GoldSpot Discoveries Signs Service Agreement with Sterling Metals
Toronto, Ontario--(Newsfile Corp. - December 21, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce it has been engaged by Sterling Metals Corp. ("Sterling") to apply its proprietary machine learning technology and geoscience expertise on Sterling's recently acquired Sail Pond Silver-Copper-Lead-Zinc project located on the Great Northern Peninsula of Newfoundland. GoldSpot will work closely with the technical team at Sterling to analyze geological, geochemical, and geophysical data.Denis Laviolette, executive chairman and president of...
2020-12-21 7:30 AM EST
GoldSpot Enters into Definitive Agreement for Business Combination of XCorp AI Ltd.
Toronto, Ontario--(Newsfile Corp. - December 15, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce that it has entered into a definitive agreement dated December 14, 2020 (the "Definitive Agreement") to give effect to the previously announced business combination (the "Business Combination") of its majority owned subsidiary, XCorp AI Ltd. ("XCorp"), with Golden Planet Mining Corp. ("GPM"). Pursuant to the Definitive Agreement (i) GoldSpot and each of the other shareholders of XCorp will exchange...
2020-12-15 7:30 AM EST
GoldSpot Discoveries Engaged by Base Metal Miner to Identify Targets in Spain
Toronto, Ontario--(Newsfile Corp. - November 17, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce it has been engaged by a private mining company based in Spain to create prospectivity maps and 3-D targets for copper and polymetallic ore on the Iberian Pyrite Belt in Spain's southwestern region of Andalusia.The objective of GoldSpot's engagement will be to assist with exploration targeting on both a regional and local scale. GoldSpot will process, integrate and interpret...
2020-11-17 7:30 AM EST
GoldSpot Reports 2nd Consecutive Record Quarter
Toronto, Ontario--(Newsfile Corp. - November 12, 2020) - 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, 2020 (the "Financial Results").Highlights for the three-month period ended September 30, 2020:Completed the quarter with total cash and cash equivalents and investments of $16.2 million;Consulting revenue of $1.6 million and net income of $3.0 million (basic earnings per share of...
2020-11-12 7:30 AM EST
GoldSpot Enters into Agreement for Business Combination of XCorp AI Ltd.
Toronto, Ontario--(Newsfile Corp. - November 11, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce that it has entered into a binding agreement with its majority owned subsidiary, XCorp AI Ltd. ("XCorp") and Golden Planet Mining Corp. ("GPM") effective November 10, 2020, pursuant to which XCorp and GPM will effect a business combination (the "Proposed Transaction"). The Proposed Transaction shall be structured as an amalgamation, plan of arrangement or other similar business combination of...
2020-11-11 5:00 PM EST
GoldSpot Discoveries Grows Royalty Portfolio in Newfoundland with Exploits Discovery
Toronto, Ontario--(Newsfile Corp. - October 20, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce it has been engaged by Exploits Discovery Corp. (CSE: NFLD) ("Exploits") to apply its proprietary machine learning technology and geoscience expertise on its district scale, high-grade gold projects in Newfoundland, Canada. GoldSpot will work closely with the technical team at Exploits to analyze geological, geochemical, and geophysical data extracted from early stage targets across Exploits' multiple gold projects in...
2020-10-20 7:30 AM EDT
GoldSpot Discoveries Engaged by Calibre Mining to Identify High Value Drill Targets and Deploy Core Imaging Technology
Toronto, Ontario--(Newsfile Corp. - October 16, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce a commercial agreement with Calibre Mining Corp. ("Calibre") to create prospectivity maps and 3D targets for the Limon, Libertad and Pavon projects located in Nicaragua.GoldSpot will process, integrate, and interpret underground and exploration drilling data in and around the Limon, Libertad and Pavon projects using its proprietary fusion combination of geoscience, data analytics, and artificial intelligence...
2020-10-16 7:30 AM EDT
GoldSpot Discoveries Engaged to Apply Machine Learning at Metallic Minerals' High-Grade Keno Silver Project in Yukon, Canada
Toronto, Ontario--(Newsfile Corp. - October 7, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) ("GoldSpot" or the "Company") is pleased to announce it has been engaged by Metallic Minerals Corp (TSXV: MMG) ("Metallic") to apply its proprietary machine learning technology and geoscience expertise on Metallic's flagship Keno Silver project, located in Canada's Yukon Territory. GoldSpot will work closely with Metallic's technical team to analyze geological, geochemical, and geophysical data covering the company's advanced and early stage targets in the high-grade Keno...
2020-10-07 7:30 AM EDT
GoldSpot Discovers New Gold System at Quebec Precious Metals' Elmer East Gold Project Using Artificial Intelligence
GoldSpot Discoveries Corp. proprietary approach of Artificial Intelligence (AI) and geological interpretation yields positive results in greenfields exploration;Nine grab samples returned up to 17.75 g/t Au with an average of 5.41g/t Au, and also up to 7.99% Zn;The new discovery borders a regional-scale shear zone, previously interpreted by GoldSpot, which opens new multi-kilometers potential along strike;GoldSpot was the sole AI-company operating on the Elmer East Gold Project.Normand Champigny, CEO of Quebec Precious Metals commented: "We appreciate the contribution of GoldSpot...
2020-09-17 11:56 AM EDT
GoldSpot Discoveries Corp. to Apply Machine Learning on Cerrado Gold Inc.'s Minera Don Nicolas Project
Toronto, Ontario--(Newsfile Corp. - September 16, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") has been engaged by Cerrado Gold Inc. ("Cerrado") to apply machine learning and its proprietary data science expertise to identify new exploration targets on Cerrado's Minera Don Nicolas (MDN) project, located in Santa Cruz, Argentina. In its analysis, GoldSpot will work with Cerrado's technical team to integrate and analyze geological and remote sensing data available in the area. The process will explore the...
2020-09-16 7:30 AM EDT
GoldSpot Reports Strongest Quarter to Date
Toronto, Ontario--(Newsfile Corp. - August 31, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce the three and six months ended June 30, 2020 unaudited financial results of the Company (the "Financial Results").Highlights for the three-month period ended June 30, 2020:Completed the quarter with total cash and cash equivalents and investments of $13 million;Net income of $2,840,204 (basic earnings per share of $0.03) as compared to a net loss of $74,013 (basic loss...
2020-08-31 7:30 AM EDT