Business
GoldSpot Discoveries Signs Service Agreement with Canstar Resources to Apply Machine Learning Technology on Golden Baie
Toronto, Ontario--(Newsfile Corp. - November 11, 2021) - GoldSpot Discoveries Corp. (TSXV:...
About this update from Earthlabs Inc
[{"type":"text","content":"GoldSpot Discoveries Signs Service Agreement with Canstar Resources to Apply Machine Learning Technology on Golden BaieToronto, Ontario--(Newsfile Corp. - November 11, 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 it has been engaged by Canstar Resources Inc. (TSXV: ROX) (OTC: CSRNF) (\"Canstar\"), to apply its proprietary machine learning technology and geoscience expertise on its Golden Baie project, a large claim package (62,175 hectares) with recently discovered, multiple outcropping gold occurrences on a major structural trend in south Newfoundland.GoldSpot works with leading exploration and mining clients across all commodities and deposit types, using cutting-edge technology and geoscientific expertise to mitigate exploration risks and significantly increase the efficiency and success rate of mineral exploration across resources. Recent successes by GoldSpot with both leading producers and explorer/developers have demonstrated the potential to expand resources and make new discoveries using this advanced analytical technology.Matthieu Lapointe, VP Exploration, commented: \"Remarkable progress was achieved by Canstar at Golden Baie this field season. High-grade results from early-stage drilling and multiple grassroots discoveries that span 30 km are a testament to our high-performing exploration team and the underexplored nature and district-scale potential of the Golden Baie property. Our intent is to accelerate our systematic exploration strategy and continue to identify, prioritize, and advance targets. Canstar has inherited extensive drill, geochemical and geophysical datasets from the 25 years of sporadic exploration campaigns and government initiatives. We are excited to partner with GoldSpot to interrogate these data and leverage the successes they have gleaned from years of experience targeting orogenic gold systems in Newfoundland and beyond.\" Denis Laviolette, Executive Chairman and President of GoldSpot, added: \"We are excited to welcome Canstar to our growing client roster of Newfoundland explorers. As the premier geological and data partner in the province, we are confident we will help Canstar capitalize on their exploration p...