White Papers

Feb 09, 2021

GoldSpot discovers new gold system at Quebec… Precious Metals’ Elmer East project, using artifical intelligence

GoldSpot Discoveries Corp. proprietary approach of Artificial Intelligence (AI) and geological interpretation yields positive results in greenfields exploration; Nine grab samples returned up to 17.75 g/t Au with an average of 5.41g/t Au, and also up to 7.99% Zn; The new discovery borders a regional-scale shear zone, previously interpreted by GoldSpot, which opens new multi-kilometers potential along strike; GoldSpot was the sole AI-company operating on the Elmer East Gold Project.

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Targeting success at Queensway, Newfoundland: How machine… learning found 1,764 gram-metres in the initial drillhole

GoldSpot Discoveries and New Found Gold partnered together to create a prospectivity map for the Queensway project. A crucial part of the GoldSpot workflow was refining outdated geological maps with the addition of magnetic and EM survey data with machine learning techniques. The updated, highresolution geological map was then in the prospective targeting exercise. New Found Gold has reported that the first of the ten targets provided by GoldSpot, drill hole NFGC-19-01 returned high-grade intercepts of 19m of 92.86 gpt Au (1,764.34 grammetres) including 6m of 285.2 gpt Au.

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