GoldSpot - Executive Chairman and President, Denis Laviolette
Executive Chairman and President, Denis Laviolette
Source: Goldspot Discoveries
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  • GoldSpot Discoveries (SPOT) has announced its plans for a corporate name change to “EarthLabs, Inc.”
  • The name change reflects the evolution of the company’s asset portfolio and corporate mission
  • GoldSpot is a technology company using artificial intelligence to revolutionize mineral exploration with a full suite of data and knowledge-driven SaaS tools and services
  • GoldSpot Discoveries Corp. (SPOT) is down 1.56 per cent on the day, trading at C$0.315 per share at 11:45 am ET

GoldSpot Discoveries (SPOT) has announced its plans for a corporate name change to “EarthLabs, Inc.”

The name change reflects the evolution of the company’s asset portfolio and corporate mission to create, acquire, and manage market-leading technology businesses in the resource exploration and development sector.

GoldSpot is a company focused on driving mineral discoveries through artificial intelligence. The company is a leader in technology, big data and AI-centric mineral exploration with a team of over 80 geoscientists and data scientists/engineers.

Working with clients such as Glencore, Vale, Yamana Gold, Pretium, New Found Gold and countless others, GoldSpot has accurately targeted resources with the highest probability of economic discovery, uncovering the largest mineral discovery in modern history in the Queensway project in Newfoundland.

GoldSpot’s technology has grown into a diverse group of software, technology, field logistics and advisory businesses. A rebrand is necessary to reflect GoldSpot’s structural changes and to broaden its investor base.

Denis Laviolette, GoldSpot’s Executive Chairman and President, commented on the rebrand.

“To date, there is no doubt that GoldSpot has thrived in the mining sector with its unique business model and elite team of scientists. The creation of EarthLabs serves to unite the Company’s portfolio under our mission to enable future resource exploration and development by breaking down barriers along the entire value chain with innovative approaches and technology.

While our subsidiaries and their brands are not changing, the new structure will empower them to develop their independence and leadership with support from the EarthLabs mothership. EarthLabs will continue to pursue opportunities within our vision of creating a more economical, collaborative and sustainable exploration sector driven by innovation and technology.”

GoldSpot is a technology company using artificial intelligence to revolutionize mineral exploration with a full suite of data and knowledge-driven SaaS tools and services. GoldSpot works with industry leaders to identify new exploration targets, develop cutting-edge technologies and to strategically invest in mineral exploration companies.

GoldSpot Discoveries Corp. (SPOT) is down 1.56 per cent on the day, trading at C$0.315 per share at 11:45 am ET.

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