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GoldSpot Discoveries Corp. to Apply Machine Learning on Cerrado Gold Inc.'s Minera Don Nicolas Project


Toronto, Ontario--(Newsfile Corp. - September 16, 2020) - GoldSpot Discoveries Corp. (TSXV: SPOT) (the "Company" or "GoldSpot") has been engaged by Cerrado Gold Inc. ("Cerrado") to apply machine learning and its proprietary data science expertise to identify new exploration targets on Cerrado's Minera Don Nicolas (MDN) project, located in Santa Cruz, Argentina. In its analysis, GoldSpot will work with Cerrado's technical team to integrate and analyze geological and remote sensing data available in the area. The process will explore the potential for gold mineralization within the MDN properties, to produce GoldSpot Smart Targets which fuse geoscience knowledge with data science insights. "Minera Don Nicolas is in the mineral and data rich Deseado Massif, an area where GoldSpot is having significant success, particularly at Yamana Gold's Cerro Moro project. MDN has robust property-wide datasets and we look forward to supporting Cerrado's technical team and advancing exploration efforts. The project has significant potential with a land package of more than 273,000 hectares," stated Denis Laviolette, Executive Chairman and President of GoldSpot Discoveries.