Business
GoldSpot Discoveries Generates High-Priority Gold Targets at the Tartoq AEX Gold Greenland Project
Toronto, Ontario--(Newsfile Corp. - November 23, 2021) - GoldSpot Discoveries Corp. (TSXV:...
About this update from Earthlabs Inc
[{"type":"text","content":"GoldSpot Discoveries Generates High-Priority Gold Targets at the Tartoq AEX Gold Greenland ProjectToronto, Ontario--(Newsfile Corp. - November 23, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (\"GoldSpot\" or the \"Company\"), a leading technology company leveraging artificial intelligence and data science to transform the mineral discovery process, and AEX Gold Inc. (TSXV: AEX) (AIM: AEXG) (\"AEX\"), are pleased to announce the results of a structural interpretation and gold target generation at the Tartoq project, AEX's permits, located in the underexplored territories of Southern Greenland.Vincent Dubé-Bourgeois, CEO of GoldSpot Discoveries commented: \"The expert team at GoldSpot were able to highlight significant potential for large-scale deposits on the Tartoq project. Over 20 different targets were identified at both Nuuluk and Iterlak. These targets were identified and ranked by the GoldSpot Smart Targeting approach. We look forward to working with the AEX exploration team to validate these targets and further advance the licences.\"James Gilbertson, VP Exploration of AEX Gold commented: \"Tartoq is one of our primary gold focused ways from our development activities at Nalunaq; as such it is critical that we continue to build on our geological understanding of this Archean terrain. I'm delighted to continue our working relationship with Goldspot and through their review, assessment and innovative approach to our geophysical data, further refine our prospective Orogenic gold targets across Tartoq.\"Figure 1: Tartoq claim boundaries and gold showings. AEX permits in Southern Greenland.To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/5844/104849_img1.jpgRefining the Structural Portrait to support Gold TargetingAEX recently acquired airborne aeromagnetic and radiometric surveys from which GoldSpot generated unprecedented insights into the structural framework of this Archean terrain which is considered to be similar to the prolific multimillion once Abitibi greenstone belt. GoldSpot's interpretation delineates a complex structural pattern of folds and shears within a regional northeast-trending dextral strike-slip corridor bounded by thrust faults. Highly deformed lithologies, e.g., carbonate schists and banded-iron formation, along subsidiary shear struc...