NASDAQ OMX

ThreeD Capital Announces Its Artificial Intelligence Investment, GoldSpot Discoveries, Reports Major Milestone At Sprott Mining Majority Owned Jerritt Canyon Project

Del

TORONTO, Sept. 06, 2017 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. ("ThreeD" or the "Company") (CSE:IDK) an emerging Merchant Bank, led by Sheldon Inwentash, that focuses on investments in best of breed, early stage disruptive companies, is pleased to announce the achievement of a major milestone by its' artificial intelligence holding, Goldspot Discoveries Inc. ("Goldspot").  ThreeD owns a 22% equity interest (on a non-diluted basis) in Goldspot.

GOLDSPOT BRINGS ARTIFICIAL INTELLIGENCE TO MINERAL EXPLORATION

Goldspot has developed a machine-learning algorithm capable of significantly improving mineral exploration targeting. The Goldspot Algorithm is proven to mitigate investment risk and increase the efficiency and success rate of exploration in data-rich environments.  Goldspot was a finalist in the 2017 #DisruptMining Competition and took 2nd place at the 2016 Integra Gold Rush Challenge.

JERRITT CANYON PROJECT - USING ARTIFICIAL INTELLIGENCE TO IDENTIFY THE MOST PROSPECTIVE TARGETS

The Jerritt Canyon project, majority owned by Sprott Mining Inc., through Jerritt Canyon Gold LLC ("Jerritt"), a private mid-tier gold producer in Northern Nevada,  has hosted a historical resource of 12Moz Au with over 9Moz of past production.  Jerritt asked Goldspot to assess a significant amount of data in order to assist with continued exploration.

Goldspot consolidated over 30 years of historical remote sensing, mining, and exploration data into one comprehensive and functional geological model. Goldspot Artificial Intelligence was then able to use this geological model to identify correlations in the data layers of existing and historically mined deposits.

As a result, Goldspot was able to identify target zones with the highest prospectivity potential. The caliber of the newly identified target zones resulted in Goldspot being asked to layout a preliminary drill testing program on the best targets.

Jamie Lavigne, VP Exploration from the Jerritt Canyon mine-site stated "Goldspot has produced a very high-quality 3D geological model of the Jerritt Canyon district which provides an excellent foundation for continued exploration.  We look forward to drilling the priority targets derived by Goldspot through their detailed assessment (AI techniques) of the data.  The management of Jerritt Canyon Gold looks forward to future collaboration with Goldspot in the continued exploration and development of the Jerritt Canyon district."

ARTIFICAL INTELLIGENCE CREATES 5,000 METER DRILL PROGRAM

Denis Laviolette, CEO of Goldspot stated, "We are confident that our targets will unveil new, untapped zones to add to Jerritt's rich history. It is with great anticipation that we now move to the last phase of proof-of-concept, whereby Jerritt has agreed to commence the first 1,000-meters of a 5,000-meter drill program as soon as logistically possible."

Sheldon Inwentash, Chairman and CEO of ThreeD stated, "I want to thank Denis and the Goldspot team.  They have been working deeply to attain this level of acceptance of their analysis.  We at ThreeD feel this new and disruptive area of Artificial Intelligence will revolutionize the approach toward mineral discovery."

About ThreeD

ThreeD Capital, led by Sheldon Inwentash, primarily invests in best of breed, disruptive companies and leading technologies. We are industry agnostic, though the nature of our focus tends to attract companies in the high tech and bio tech space.  We have not abandoned our resources roots but have evolved them through the use of artificial intelligence to better identify, by several magnitudes, the exploration decision making process.

For further information: 
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
feldman@threedcap.com
telephone: 416 606 7655 




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ThreeD Capital Inc via Globenewswire

Om NASDAQ OMX

NASDAQ OMX
NASDAQ OMX
One Liberty Plaza - 165 Broadway
NY 10006 New York

+1 212 401 8700http://www.nasdaqomx.com

NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.

Følg saker fra NASDAQ OMX

Registrer deg med din epostadresse under for å få de nyeste sakene fra NASDAQ OMX på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra NASDAQ OMX

Abiomed Receives FDA PMA Approval for Impella RP® for Right Heart Failure21.9.2017 00:23Pressemelding

DANVERS, Mass., Sept.  20, 2017  (GLOBE NEWSWIRE) -- Abiomed, Inc. (NASDAQ:ABMD), a leading provider of breakthrough heart support and recovery technologies, today announced it has received U.S. Food and Drug Administration (FDA) pre-market approval (PMA) for the Impella RP® heart pump. Culminating from five years of research, this approval follows the prior FDA Humanitarian Device Exemption (HDE) received in January 2015 and adds the Impella RP heart pump to Abiomed's platform of PMA approved devices. With this approval, the Impella RP heart pump is the only percutaneous temporary ventricular support device that is FDA-approved as safe and effective for right heart failure as stated in the indication: The Impella RP System is indicated for providing temporary right ventricular support for up to 14 days in patients with a body surface area greater than or equal to 1.5 m2, who develop acute right heart failure or decompensation following left ventricular assist device impl

Senegal and France to host Global Partnership for Education Financing Conference20.9.2017 23:00Pressemelding

NEW YORK, Sept. 20, 2017 (GLOBE NEWSWIRE) -- The Global Partnership for Education (GPE) is delighted that the governments of Senegal and France will co-host its financing conference, which will take place on February 8, 2018 in Dakar, Senegal. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/d3003cff-ee20-409f-9729-9a9cef1d4d3e A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0a7eebb6-66b3-438b-904e-efeff83d94cf The announcement of the co-hosting was made by Presidents Macky Sall of Senegal and Emmanuel Macron of France at a high-level event on education financing held at the United Nations, which was attended by Secretary General António Guterres, several heads of state and leaders on global education. " The Global Partnership for Education has   made substantial investments in education helpin

K2 Launches New Process Automation Platform Including New Cloud Service20.9.2017 18:00Pressemelding

K2's process automation platform allows businesses of all types around the globe to rapidly build and deploy automation across the business. BELLEVUE, Wash., Sept. 20, 2017 (GLOBE NEWSWIRE) -- K2 today announced the availability of its new low-code process automation platform - furthering innovation in the way organizations drive digital efficiencies. With a new managed cloud service, K2 Cloud, new on-premises version, K2 Five, and completely redesigned user interfaces and experiences, the platform helps businesses of all types around the globe rapidly deliver powerful process automation and realize business productivity gains. Automating business processes across an enterprise is crucial to the success of companies in the era of digital transformation. However, many initiatives are impacted by a lack of sufficient resources and the use of inefficient systems to manage processes. K2's low-code process automation platform solves these problems by enabling organ

8x8 and Aryaka Partner to Enhance Cloud Communications for Global Enterprises20.9.2017 16:43Pressemelding

Strategic Alliance will improve communications experience for business users worldwide SAN MATEO, Calif., Sept. 20, 2017 (GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, and 8x8, Inc. (NASDAQ:EGHT), the world's first Communications Cloud provider, today announced that they are entering a strategic partnership that will improve the performance and reliability of business-critical cloud unified communications. This will enable global mid-market and enterprise companies to enhance business communications, collaboration and customer engagement for their employees, customers and partners around the world. Through this partnership, Aryaka's global SD-WAN solution will provide enterprise-grade private connectivity to further enhance the superior voice and video quality delivered by the 8x8 Communications Cloud(TM). When tested against several leading Unified Communications as a Service (UCaaS) providers, 8x8 was recently found by the Tolly Group to deliver the hi

NRT Technology Corp and Gaming Payments Innovator Sightline Payments Announce Merger20.9.2017 16:00Pressemelding

Combination Will Accelerate Innovation in Mobile, Data, Cashless Payments, and Provisional Credit Solutions to the Worldwide Integrated Resort Casino Industry LAS VEGAS, Sept. 20, 2017 (GLOBE NEWSWIRE) -- NRT Technology Corp. ("NRT") a leading provider of integrated ticket redemption and payment services to global casino operators, and Sightline Payments ("Sightline"), developers of the disruptive Play+ platform that's powering the next generation of cashless and mobile gaming payment solutions, announced today an agreement to merge.  The company on closing will be named NRT Sightline and will form one of the largest pure play gaming payment technology companies in the world with an equity value of over $300 million. Following the closing of the transaction and subject to regulatory approvals, Sightline's CEO and Founder, Kirk Sanford, will assume the role of President and CEO of NRT Sightline.  NRT's current Founder, P

BT and Hitachi Partner to Develop Industrial and Enterprise IOT Solutions20.9.2017 15:00Pressemelding

Initial Focus on Asset Intelligence and Predictive Maintenance Use Cases LAS VEGAS and LONDON, Sept. 20, 2017 (GLOBE NEWSWIRE) -- BT, one of the world's leading providers of communications services and solutions, and Hitachi Vantara, a wholly owned subsidiary of Hitachi Ltd. (TSE:6501) today announced a global partnership to co-create innovative solutions in the area of industrial and enterprise internet of things (IoT). The partnership aims to drive better business outcomes for global customers, including greater efficiency, productivity and cost savings. The companies will initially focus on exploring and designing asset intelligence and predictive maintenance solutions to deliver the desired outcomes for customers in industry sectors such as manufacturing and transportation. Announced at Hitachi's inaugural user conference, Hitachi NEXT 2017, in Las Vegas today, the partnership unites BT's global network infrastructure, cloud capabiliti

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom