Toronto, Ontario--(Newsfile Corp. - November 2, 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 Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) ("Canada Silver Cobalt") to apply its proprietary machine learning technology and geoscience expertise across multiple properties and projects in Quebec and Ontario.
Canada Silver Cobalt owns the Gowganda Area Property near Kirkland Lake where the Castle Mine produced 9.5 million oz silver and 300,000 lbs of cobalt in the 1900s (Robinson, D.R. and Basa, E.M. 1992. Temagami-Temiskaming Mine Compilation Report, (unpublished) for Ministry of Northern Development and Mines). The Castle East project is located 1.5 km east of the Castle Mine. Canada Silver Cobalt discovered the Robinson Zone with intersections of 50,583 g/t Ag over 0.6m in hole CS-19-08-W01 and 70,380 g/t Ag over 0.3m in hole CS-19-08-W02. Canada Silver Cobalt also recently discovered high-grade gold of 24.95 g/t over 0.30 m in hole CS-20-31. Reference: Rachidi, M. 2021, NI 43-101 Technical Report update for Castle East, Ontario, Canada, with an effective date of April 30, 2021, and a signature date of May 25, 2021.
GoldSpot Discoveries will be working in conjunction with the geotechnical team at Canada Silver Cobalt, to assist in expanding current...
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