Brossard, Quebec – TheNewswire – August 14, 2020 – Windfall Geotek (TSXV:WIN) a mining services company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector is s pleased to announce that the Company has been commissioned by Trillium Gold ( TSXV:TGM) to deploy our proprietary CARDS Artificial Intelligence (“AI”) system to identify high-grade gold targets on the Leo Property. The Leo Property is a greenfield exploration project located about 15km south of Great Bear Resources’ famed Dixie project with excellent access and infrastructure. The contract is valued at $100,000 CAD.
“Leo is a very exciting prospect for Trillium and its shareholders. Utilizing Windfall’s proprietary AI technology we look to rapidly focus on high quality targets and speed up the time to discovery of gold mineralization. AI has been instrumental in identifying priority drill targets among our peers by amalgamating and evaluating multiple layers of large geological datasets and increasing the efficiency and quality of high priority zones identified on a project.” AI support in mineral exploration will be instrumental in the future successes in our industry and we look forward to working with Windfall.”
Russell Starr, CEO of Trillium Gold Mines
Windfall Geotek CARDS analysis identifies areas of high exploration potential using several techniques listed below:
– Algorithms analyze each layer of information for every drill hole/rock/soil sample and data site to create a unique signature for the mineralization that is being sought (gold, copper, kimberlites etc.).
The MCubiX data mining engine (with numerous supporting algorithms) analysis recognizes patterns of information among drill holes and other sample media. The system uses these algorithms to find the new patterns that are often not recognized by the naked eye.
CARDS analysis identifies locations of the new mineralization signature in the exploration area. Predictions are given a cell rating by percentage: Targets rated over 80% are considered promising and targets 90% and higher are exceptional.
Millions of spatial data points and their relationships are analyzed, where a human brain cannot do as efficiently and quickly as a computer.
The CARDS System becomes trained and “cross validates” each model that CARDS generates. The cell rating percentage “weeds out” unwanted (low percentage cells) targets, leaving only the highest probability areas for the discovery of mineralization. In some regions this may be as low as 5% of total original project area.
“We are pleased to have concluded another major contract in the Red Lake Mining Camp. This gives us more confidence as we gain momentum with the industry needs of speeding up discoveries. The high quality results we have seen in recent time is a major factor in obtaining multiple projects in the same mining camp, this time being Trillium Gold. We are confident Trillium Gold will benefit from our CARDS AI targeting and will generate a great ROI for both companies’ shareholders.”
Michel Fontaine, President and CEO of Windfall Geotek
About the Leo Project
The 100% owned Leo Property is located 35 kilometers southeast of Red Lake and covers an area of 210 sq km. The area has become the focus for renewed exploration and lies about 15 kilometers south of several properties held by Great Bear Resources, including the Dixie Lake project. Leo features many similar geological characteristics to these regional projects, making this one of our most exciting generative exploration areas.
About Windfall Geotek – Powered by Artificial Intelligence (AI) since 2005
Windfall is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining and to continue the Land Mine detection application as a high priority. Windfall has played a part in numerous past discoveries utilizing its methodology as described at: https://windfallgeotek.com/.
The content published on Insidexploration.com is based on current events, historical data, company news releases, sedar filings, technical reports and information provided by the companies we work with. These publications may contain forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
The publications on Insidexploration.com are for informational and entertainment purposes only and are not a recommendation to buy or sell any security. Always do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions. Please be sure to read company profiles on www.SEDAR.com for important risk disclosures.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok