GoldSpot Discoveries Corp (OTCMKTS:SPOFF) Stock Attempts To rebound After The Big Fall
GoldSpot Discoveries Corp (OTCMKTS:SPOFF) was up 4% after the tech firm leveraging data science and AI to transform mineral exploration announced engagement with Western Exploration Inc. to the user its proprietary geoscience expertise and machine learning capabilities at the Aura Project in Northern Elko County in Nevada.
Market Stats
On Monday, SPOFF stock increased by 3.51% to $0.59 with more than 48.16K shares, compared to its average volume of 56.7K shares. The stock has moved within a range of $0.5583 – 0.6040 after opening trading at $0.5583.
GoldSpot Discoveries Engaged by Western Exploration Inc. for the Aura Project in Nevada
Western Exploration owns the whole 6,000 ha Aura Project in Nevada, which is 32 kilometers north of Jerritt Canyon mine. Gravel Creek, Doby George, and Wood Gulch are the three deposits that make up the Aura project. The exploration firm has hired GoldSpot to use all historical drill findings to develop the Aura framework and to define and help determine further exploration prospects.
CEO Western Exploration Darcy Marud said that mineral exploration could be a demanding initiative, and at the company, they look to capitalize on everything to succeed. Darcy said that GoldSpot has a track record of successful exploration initiatives for several companies, and they are looking forward to working with them. So, SPOFF is worth watching.
Key Quote
Western Exploration’s CEO, Darcy Marud commented, “Mineral exploration is a challenging endeavour and at Western we look for every advantage to make our exploration efforts successful. GoldSpot has a proven track record of positively impacting exploration efforts for numerous companies and projects and we are grateful for the opportunity to work with them at the Aura project.”
