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GoldSpot & Quebec Precious Metals Extend High-Grade Gold-Bearing Lloyd Vein System to a 4.2KM Prospective Corridor at the Elmer East Project
GoldSpot Discoveries' proprietary approach of combined Artificial Intelligence (AI) and geolo...
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[{"type":"text","content":"GoldSpot & Quebec Precious Metals Extend High-Grade Gold-Bearing Lloyd Vein System to a 4.2KM Prospective Corridor at the Elmer East ProjectGoldSpot Discoveries' proprietary approach of combined Artificial Intelligence (AI) and geological interpretation yielded additional positive results in greenfield exploration on the Elmer East Project.Grab samples collected during the 2021 prospecting program returned gold values of up to 68.1 g/t Au. Results reveal a 4.2 km long, E-W trending prospective corridor in an under-explored area.The 2021 prospecting program followed up on the 2020 high-grade gold discovery, the Lloyd vein (Lloyd White Paper), predicted by GoldSpot's 'Smart Targeting' approach. In September 2021, GoldSpot will conduct, under the supervision of Quebec Precious Metals, a detailed structural mapping and vein characterization study along the corridor to better understand the mineralization system that controlled the distribution of gold.Toronto, Ontario--(Newsfile Corp. - September 8, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (\"GoldSpot\" or the \"Company\"), a leading technology services company leveraging machine learning to transform the mineral discovery process is pleased to announce that Quebec Precious Metals Corporation (TSXV: QPM) (OTCQB: CJCFF) (FSE: YXEP) (\"QPM\") has successfully reported the discovery of a new gold-rich vein system within one of GoldSpot's high priority targets at the Elmer East project located in James Bay, Quebec. The new discoveries reveal an E-W 4.2 km long prospective corridor in an under-explored area.The new gold showings resulted from the follow-up work on the 2020 Lloyd discovery, a polymetallic, gold-rich vein. The Lloyd vein occurs along a structure interpreted by GoldSpot prior to the 2020 field-season (September 17, 2020 Press Release, and February 9, 2021 Lloyd White Paper), and demonstrates the accuracy of GoldSpot's 'Smart Targeting' approach, AI technology combined with geoscientist expertise, for mineral exploration. Vincent Dubé-Bourgeois, CEO of GoldSpot Discoveries commented: \"We are thrilled to be working the QPM team as a follow-up on the Elmer East project and Lloyd discovery from 2020. These results confirm the mineralization potential of the project. This discovery is a considerable show case for the use of Machine Learning in mineral...