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ThreeD Capital’s $IDK.ca Artificial Intelligence Investment, #Goldspot Discoveries, Completes $1.3 Million Financing With A Prolific Mining Financier and Hochschild Mining $PNP.ca $ZC.ca

Posted by AGORACOM-JC at 11:20 AM on Thursday, January 11th, 2018

Threed capital

  • Goldspot recently completed a $1.3 million equity financing from a prolific mining financier, as well as Hochschild Mining plc
  • Hochschild is a leading British-based silver and gold mining company operating in North, Central and South America
  • Hochschild produced 17.3 million ounces of silver and 246 thousand ounces of gold
  • Revenues in 2016 were US$688 million
  • Trades on the London Stock Exchange with a market capitalization of US$1.7 billion

TORONTO, Jan. 11, 2018 — ThreeD Capital Inc. (the “Company”) (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce the following news from Goldspot Discoveries Inc. (“Goldspot”), a developer of Artificial Intelligence capable of significantly improving mineral exploration targeting.  ThreeD owns approximately 18% of Goldspot’s common shares.

FINANCING FROM A PROLIFIC MINING FINANCIER AND HOCHSCHILD MINING

Goldspot recently completed a $1.3 million equity financing from a prolific mining financier, as well as Hochschild Mining plc (“Hochschild”).  Hochschild is a leading British-based silver and gold mining company operating in North, Central and South America. In 2016, Hochschild produced 17.3 million ounces of silver and 246 thousand ounces of gold. Hochschild revenues in 2016 were US$688 million and currently trades on the London Stock Exchange with a market capitalization of US$1.7 billion.

“We are pleased that such key influencers in the mining sector have such confidence in our vision. More importantly, it is testament to the merits of our technology that one of our first clients has a vested interest in our success,” states Denis Laviolette, CEO and President of Goldspot Discoveries. “We believe that big data and machine learning are poised to disrupt the entire mining sector. Our innovation is reinvigorating an archaic sector, reducing significant risk, while giving our stakeholders the most torque for their buck.”

RAMON BARUA AND SHELDON INWENTASH ADDED TO BOARD OF DIRECTORS

Along with the completion of this financing, Goldspot announced the appointment of Ramón Barúa and Sheldon Inwentash to the Board of Directors.

Mr. Barúa is currently the CFO of Hochschild Mining plc, a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas. Prior to his appointment, Mr. Barúa served as CEO of Fosfatos del Pacifico, a mining project in northern Peru owned by Cementos Pacasmayo, an associate company of the Hochschild Group. During 2008, Mr. Barúa was the General Manager for Hochschild Mining’s Mexican operations, having previously worked as Deputy CEO and CFO of Cementos Pacasmayo. Prior to joining Hochschild, Mr. Barúa was a Vice President of Debt Capital Markets with Deutsche Bank in New York for four years and a sales analyst with Banco Santander in Peru.

Mr. Inwentash has more than 30 years of investing experience and success, financing hundreds of private and public start-up companies. The Financial Post called him a “A World Leader in financing junior resource firms”. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early investments and subsequent exits in companies such as Queenston Mining (acquired by Osisko Mining Corp. for $550-million), Aurelian Resources (acquired by Kinross for $1.2-billion) and Gold Eagle Mines (acquired by Goldcorp for $1.5-billion), with the firm’s market capitalization exceeding $1 Billion at its peak.

Mr. Inwentash stated, “I want to congratulate Denis and the Goldspot team for achieving yet another important milestone.  Attaining this level of acceptance with two significant influencers in global mining provides third party validation of their Artificial Intelligence capabilities.  I believe this new and disruptive area of Artificial Intelligence will revolutionize the approach toward mineral discovery forever.”

About Goldspot Discoveries Inc.

Goldspot Discoveries is a technology/investment company that has developed a machine-learning algorithm capable of significantly improving mineral exploration targeting on both a regional and local scale. The Goldspot Algorithm is proven to mitigate investment risk and increase the efficiency and success rate of exploration in data-rich environments.  The company plans to lever this technology to create a new and exciting investment opportunity for the market, and to give its stakeholders the greatest upside in the mining sector while reducing the risk.

Goldspot Discoveries is aiming to completely change the investment decision model by using the Goldspot Algorithm to stake acreage, acquire projects and royalties, and invest in public vehicles to ultimately create a portfolio of assets with the greatest reward to risk ratio. Already, the company has staked highly prospective targets in the Abitibi region and is currently working with companies to delineate further targets in Ontario, West Africa, Nevada, Arizona, and South America.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

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

ThreeD Capital Inc. $IDK.ca Refines its Verticals with a Hard Focus on #Blockchain Themed Technologies #Blockstation

Posted by AGORACOM-JC at 9:19 AM on Thursday, October 26th, 2017

Threed capital

  • Focused on opportunistic investments in companies mainly in the junior resources, blockchain and artificial intelligence sectors
  • Focused on three main verticals for targeted investments;
    • Will pursue a diversified portfolio of resource investments
    • Artificial Intelligence vertical will focus on disruptive data science technologies
    • Third vertical will focus on Blockchain Assets

TORONTO, Oct. 26, 2017  — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) is a Canadian-based venture capital firm focused on opportunistic investments in companies mainly in the junior resources, blockchain and artificial intelligence sectors.

Currently, the Company is focused on three main verticals for targeted investments.

The Company’s Resource Incubation vertical will pursue a diversified portfolio of resource investments with an emphasis on the precious-metal and battery-metal sectors. ThreeD is focused on investing in district scale plays with high optionality and maximum exposure to rising markets.

The Company’s Artificial Intelligence (“A.I.”) vertical will focus on disruptive data science technologies. Machine Learning and Neuro Networks have been at the forefront of value creation in many industries. ThreeD believes that it is necessary to have exposure to companies pioneering A.I./Machine Learning technologies into new sectors.

The Company’s third vertical will focus on Blockchain Assets. As previously announced on October 16, 2017, the Company formed an initial advisor group of outside consultants to help with due diligence and deal flow relating to potential Blockchain Investments.  In this regard, the Company has incorporated a wholly owned subsidiary named Blockamoto.io Corp (which name pays tribute to the inventor of blockchain, Satoshi Nakamoto).  Blockamoto.io Corp will build a diverse portfolio of global Blockchain assets.

These three verticals represent standalone unique value propositions and the Company may look at unlocking value as evolution occurs.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources, Artificial Intelligence and Blockchain sectors.

ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s network in order to earn increases to the Company’s equity stake.

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

Sprott Mining $SII.ca And Sheldon Inwentash $IDK.ca Bring Artificial Intelligence To #Gold Exploration – MUST WATCH!

Posted by AGORACOM-JC at 1:34 PM on Thursday, September 14th, 2017

Threed capital

IDK: CSE

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

  • ThreeD Capital (IDK:CSE), Led By Legend Sheldon Inwentash, Owns 22% Of Artificial Intelligence Company, Goldspot Discoveries (A Private Company)
  • Goldspot Artificial Intelligence Has Proven Ability To Significantly Improve Mineral Exploration & Drill Targeting
  • Sprott Mining Engaged Gold Spot Discoveries To Use AI On Jerritt Canyon Project (Nevada) Results Exceeded All Expectations.

If  You Are Looking For A Small Cap Artificial Intelligence Investment, Consider

ThreeD Capital, Led By Sheldon Inwentash.

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

  • Hosted a historical resource of 12Moz Au with over 9Moz of past production.
  • Jerritt asked Goldspot to assess 30 years of data in order to assist with continued exploration.
  • Goldspot consolidated over 30 years of mining, and exploration data into one comprehensive geological model.
  • As a result, Goldspot was able to identify target zones with the highest prospectivity potential.

Took 5 months to accomplish what would have taken years by a team of geologists

READ PRESS RELEASE

WATCH EXCLUSIVE AGORACOM VIDEO – BEYOND THE PRESS RELEASE

 

ThreeD Capital $IDK.ca Announces Its Artificial Intelligence Investment, GoldSpot Discoveries, Reports Major Milestone At #Sprott $SII.ca Mining Majority Owned Jerritt Canyon Project

Posted by AGORACOM-JC at 8:42 AM on Wednesday, September 6th, 2017

Threed capital

  • Announced the achievement of a major milestone by its’ artificial intelligence holding
  • Goldspot has developed a machine‐learning algorithm capable of significantly improving mineral exploration targeting

TORONTO, Sept. 06, 2017 — 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

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