more News today; GoldSpot Discoveries Signs Service Agreement with Blue Star Gold to Apply Machine Learning Technology on Nunavut Properties
https://stockhouse.com/news/press-releases/2021/09/20/goldspot-discoveries-signs-service-agreement-with-blue-star-gold-to-apply
Toronto, Ontario--(Newsfile Corp. - September 20, 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 Blue Star Gold Corp. (TSXV: BAU) (OTC: BAUFF) (FSE: 5WP0) ("Blue Star"), to apply its proprietary machine learning technology and geoscience expertise on Blue Star's properties located in Nunavut.
Blue Star is the largest titleholder in the Archean High Lake Greenstone belt, controlling a 50km strike with over 40 high-grade gold occurrences. The area consists of the Ulu (16 showings) , Hood River (22 showings) and Roma projects and has seen approximately 100,000 metres of drilling the majority of which was on the Ulu project (Cowley, Paul, Singh, R & Giroux, Gary. 2015. Technical Report on the Ulu Gold Property, Nunavut, Canada). The Ulu project has an estimated resource of 2.5Mt @7.5 g/t Au (M&I) for 605K oz Au; ~1.3 Mt @5.6g/t Au (Inf.) for 225K oz Au. (Cowley, Paul, Singh, R & Giroux, Gary. 2015. Technical Report on the Ulu Gold Property, Nunavut, Canada). Hood River is contiguous with Ulu and contains over 20+ gold showings (Cowley, Paul, Singh, R & Giroux, Gary. 2015. Technical Report on the Ulu Gold Property, Nunavut, Canada). Hood River and Roma projects are under-explored with abundant potential for new discoveries. GoldSpot will work closely with the Geological team at Blue Star and apply its proprietary machine learning approach on the projects to provide smart targets.
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