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Cerrado Gold Engages GoldSpot at Its Minera Don Nicholas Mine in Argentina

GoldSpot to augment Cerrado's internal resources to use its geoscience and machine scien...

articleEarthlabs IncSeptember 16, 20204/company/goldspot-discoveries-corp/news/cerrado-gold-engages-goldspot-at-its-minera-don-nicholas-mine-in-argentina
Cerrado Gold Engages GoldSpot at Its Minera Don Nicholas Mine in Argentina

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[{"type":"text","content":"Cerrado Gold Engages GoldSpot at Its Minera Don Nicholas Mine in ArgentinaGoldSpot to augment Cerrado's internal resources to use its geoscience and machine science expertise to clean, unify and analyze exploration data to target explorationToronto, 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 potential for gold mineralization within the MDN properties, to produce GoldSpot Smart Targets which fuse geoscience knowledge with data science insights.Mark Brennan, CEO, Co-Chairman and Co-Founder of Cerrado, commented, \"We are very pleased to be working with Goldspot to assist our in house exploration team with the significant task of prioritizing potential exploration targets over our 273,000 hectare land position.\" He continued, \"our initial view that there is an abundance of opportunity for many additional deposits at MDN has only been confirmed since our acquisition. Goldspot's experience in the Deseado Massif and its technical processes will be of immeasurable assistance in uncovering priority targets.\" \"Minera Don Nicolas is in the mineral and data rich Deseado Massif, an area where GoldSpot is having significant success, particularly at Yamana Gold's Cerro Moro project. MDN has robust property-wide datasets and we look forward to supporting Cerrado's technical team and advancing exploration efforts. The project has significant potential with a land package of more than 273,000 hectares.\" stated Denis Laviolette, Executive Chairman and President of GoldSpot Discoveries.GoldSpot will use its geoscience and machine science expertise to clean, unify and analyze exploration data from Cerrado's Minera Don Nicolas mine and produce both two-dimensional and three-dimensional targets for exploration. GoldSpot is particularly excited to apply a number of its recently developed geophysical, geochemical and geological products, which are created throu...

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