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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...

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...

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...

2021-01-11 12:12 PM EST

GoldSpot Completes Business Combination of XCorp AI Ltd.

Toronto, 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 shareholders

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

2020-08-31 7:30 AM EDT

GoldSpot Discoveries Corp. to Apply Machine Learning on Tanzanian Greenstone Belt

Toronto, Ontario--(Newsfile Corp. - August 20, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") has been engaged by Tembo Gold Corp. (TSXV: TEM) ("Tembo") to apply machine learning and its proprietary expertise to identify new exploration targets on Tembo's flagship project in the Sukumaland Greenstone Belt, located in Tanzania. In its analysis, GoldSpot will work with Tembo's technical team to analyze all available geological and remote sensing data to explore...

2020-08-20 7:30 AM EDT

GoldSpot Discoveries Corp. and Margaux Resources Ltd. Collaborate on Series of Exciting New Targets for Drill Campaign

Toronto, Ontario--(Newsfile Corp. - August 17, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") was engaged by Margaux Resources Ltd. (TSXV: MRL) ("Margaux") in May 2020 to apply proprietary machine learning techniques within a strong geoscientific framework to help identify and rank drill targets at the Taurus Property of the historic Cassiar Gold Camp. GoldSpot has been working closely with Margaux's technical team to analyze all available geological data and...

2020-08-17 11:44 AM EDT

GoldSpot Discoveries Corp. and AEX Gold Inc. Sign an Agreement to Identify New Exploration Targets in South Greenland

Toronto, Ontario--(Newsfile Corp. - August 11, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") has been engaged by AEX Gold Inc. (TSXV: AEX) ("AEX") to apply its proprietary workflow and machine learning algorithm to identify new exploration targets on AEX's license portfolio in South Greenland. GoldSpot will work with AEX's technical team to analyze all available geological and remote sensing data to create high quality multivariate prospectivity maps, enhancing...

2020-08-11 7:30 AM EDT

GoldSpot Discoveries Corp. Signs Agreement with Firefox Gold Corp.

Toronto, Ontario--(Newsfile Corp. - July 27, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") has been engaged by FireFox Gold Corp. (TSXV: FFOX) ("FireFox") to apply machine learning and its proprietary expertise to identify new exploration targets on FireFox's robust portfolio of projects in the Central Lapland Greenstone Belt, located in Finland. In its analysis, GoldSpot will work with FireFox's technical team to analyze all available geological and remote...

2020-07-27 7:30 AM EDT

GoldSpot Discoveries Corp. Announces New Chief Technology Officer

Toronto, Ontario--(Newsfile Corp. - July 15, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") is pleased to announce today the appointment of Shawn Hood, Ph.D., M.Sc., P.Geo, as Chief Technology Officer (CTO). Shawn is a designated Professional Geoscientist in Economic Geology with hands-on mineral exploration and mining experience spanning 15 years. He was most recently the Vice President of Technical Services to GoldSpot, working across project management and...

2020-07-15 5:09 PM EDT

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