- GoldSpot Discoveries (SPOT) will apply its proprietary machine learning technology to Canstar’s Golden Baie Project in Newfoundland
- Golden Baie is a large claim package (62,175 hectares) with recently discovered, multiple outcropping gold occurrences
- GoldSpot’s cutting-edge technology and geoscientific expertise will help Canstar identify new discoveries at Golden Baie
- Canstar Resources is a Canadian based mineral exploration company focused on the discovery and development of economic mineral deposits in Newfoundland and Labrador
- GoldSpot Discoveries is a technology company using artificial intelligence to revolutionize mineral exploration
- GoldSpot Discoveries Corp. (SPOT) is up 5.45 per cent, trading at C$1.16 per share at 1:45 pm ET
GoldSpot Discoveries (SPOT) has been engaged by Canstar Resources (ROX) to apply its proprietary machine learning technology to Canstar’s Golden Baie Project.
Golden Baie is a large claim package (62,175 hectares) with recently discovered, multiple outcropping gold occurrences on a major structural trend in southern Newfoundland.
Matthieu Lapointe, Canstar’s VP Exploration, commented on the partnership with GoldSpot.
“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 potential to identify new discoveries at Golden Baie.”
Canstar Resources is a Canadian-based mineral exploration company focused on the discovery and development of economic mineral deposits in Newfoundland and Labrador. Canstar has an option to acquire a 100 per cent interest in the Golden Baie Project. The company also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland. Canstar Resources is based in Toronto, Canada, and is listed on the TSX Venture Exchange under the symbol ROX and trades on the OTCPK under the symbol CSRNF.
GoldSpot Discoveries is a technology company using artificial intelligence to revolutionize the future of global mineral exploration with a full suite of data and knowledge-driven SaaS tools and services.
GoldSpot Discoveries Corp. (SPOT) is up 5.45 per cent, trading at C$1.16 per share at 1:45 pm ET.
