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ALS acquires the ExplorTech Division of Earthlabs Inc, formerly GoldSpot Discoveries Corp.
Founded in 2016, GoldSpot Discoveries Corp. is a Canadian company recognised as a global leader in artificial intelligence and data science who are using AI to transform the mineral discovery process. Staffed by Geoscience and Data Science experts, GoldSpot provides geological consulting services and software augmented by AI.
The acquisition of GoldSpot also includes its specialised data acquisition and consulting groups including Geotic Inc. that provides drill core logging and modelling solutions, and Ridgeline Exploration Services that delivers support for the full exploration cycle. These teams round out the multidisciplinary experts of GoldSpot by providing high quality fit-for-purpose data to service the next generation of industry needs.
The newly formed ALS GoldSpot Discoveries Ltd. company will operate as a separate, consulting division of ALS Minerals, continuing to deliver discovery-vectoring consulting services to clients for application with their proprietary data.
This acquisition aligns with ALS’ strategy to accelerate innovation in the technology space. ALS Goldspot Discoveries Ltd. will continue to provide services to their current client base as a distinct entity while growing their business with support from the expanded global exposure of ALS. In addition, the new team will bring a technological tool building set to ALS.