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Windfall Geotek Announces Upcoming In-Depth Review and Analysis of Last 15 Years of Strategic Assets and Projects

by MikeyMike426
March 23, 2021
in News Room, WIN, WIN News
0
Windfall Geotek Announces Upcoming In-Depth Review and Analysis of Last 15 Years of Strategic Assets and Projects

Brossard, Quebec – March 23, 2021 – Windfall Geotek (TSXV:WIN) (OTC:WINKF) (FSE:L7C2) (“Windfall” or the “Company”) a mining technology company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector announces it has engaged Mark Billings to do a complete review of all the assets of Windfall Geotek, including but not limited to work done at Kirkland Lake, Timmins, and projects in Quebec. Over the past 15 years Windfall has produced targets for over 90 projects, of which only 30 have been validated and many are associated closely with electrification metals. Mr. Billings will be contracted to review all of the targets, Net Smelter Returns (NSR’s) and claims of Windfall to present a plan for monetizing those assets and projects to the board. Mr. Billings has over 20 years of experience in the resource sector and holds an MBA in Finance from Harvard Business School. He is currently an executive or director with Canadian-based companies in the mining sector.

Dinesh Kandanchatha, Chairman commented, “Mark’s background in the resource sector and his educational pedigree make him a perfect fit for this task. Over 15 years you can accumulate a lot of hidden value that with the right mix of creativity and capital can create massive momentum, especially during this shift to electrification metals. We are building a team of operational and investment leaders which will attract the best projects and maximize the leverage from our CARDS AI technology, and it starts by taking stock of what we have.”

Mark Billings commented, “I am excited to use my experience in the resource sector and financial background to support the execution of the Windfall business plan. As a longtime colleague of Sheldon Inwentash and having watched Windfall’s evolution over the past few years, I feel like the timing is perfect for this kind of company.”

The scope of this engagement will include projects and assets in Australia, Brazil, Burkina Faso, Chile, Dominican Republic, Haiti, Mexico, Norway, New Brunswick, Newfoundland, Ontario, Quebec, and Tanzania.

The Company also announces its contract with Winning Media (“WM”) to provide strategic digital media services, marketing, and data analytics services (the “Services”). The Company has agreed to pay WM $250,000USD in consideration for the Services to be provided for a 6-month term. WM will not receive any securities of the Company as compensation for the Services. WM is a Houston, Texas based marketing agency that specializes in digital and corporate brand marketing services to enhance corporate visibility and retail investor awareness.

The company announces the grant of 2,500,000 options to Simran Kamboj, President and CTO exercisable for a period of 5 years at $0.365 and vested in four quarterly installments ending December 31, 2021.

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/.

For further information, please contact:

Dinesh Kandanchata

Chairman and Interim CEO of Windfall Geotek

Email: dinesh@windfallgeotek.com

Website: www.windfallgeotek.com

Additional information about the Company is available under Windfall Geotek’s profile on SEDAR at www.sedar.com. Neither the TSX Venture Exchange nor does its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains forward-looking information, which relate to future events or future performance and reflect management’s current expectations and assumptions. The information in this news release about changes to management and expectations in this regard; and any other information herein that is not a historical fact may be forward-looking information. Such forward-looking information reflect management’s current beliefs and are based on assumptions made by and using information currently available to the Company. Such factors include, but are not limited to, achievements of new management varying significantly from expectations; capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; and those risks set out in the Company’s public documents filed on SEDAR (www.sedar.com) under Windfall Geotek’s issuer profile. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

Tags: AIMachine learningMark BillingsWINWindfall Geotek
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MikeyMike426

MikeyMike426

I am a 3rd generation miner who was born and raised in the silver capital of Canada, Cobalt, Ontario. For the last 10 years I have been invested in the mining sector and as a retail investor found it difficult gathering information on companies of interest. For this reason we created Insidexploration.com as a means to share our due diligence with investors all around the world. Disclosure The thoughts and opinions expressed in my articles and research reports are my own and do not represent those of the companies I write about. I often buy and sell the stocks I write about and may do so at any point in time without warning. Disclaimer My articles and research reports should not be considered a solicitation to purchase or sell securities or a recommendation to buy or sell securities. The information provided is derived from sources believed to be accurate, but cannot be guaranteed. I do not take into account the particular investment objectives, financial situations, or needs of individual recipients and other issues (e.g. prohibitions to investments due to law, jurisdiction issues, etc.) which may exist for certain persons. I am not a registered financial advisors and one should always do your own due diligence and consult a licensed investment adviser prior to making any investment decisions. Always reference www.SEDAR.com for important risk disclosures.

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insidexplr avatarInsidexploration@insidexplr·
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Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

Keep up the great work @MarkSelby74 @CanadaNickel @NobleMineral $CNC.V $NOB $SHL #Nickel #NetZeroCarbon #Timmins

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Canada Nickel Consolidates and Expands Nickel Land Package and Acquires Sixth Nickel Target From Noble Mineral Exploration

TORONTO, April 22, 2021 - Canada Nickel Company Inc. ("Canada Nickel" or "the Company") (TSXV: CNC) (OTCQB: CNIKF) is pleased to

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insidexplr avatarInsidexploration@insidexplr·
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Windfall Geotek is building a solid team of very well connected individuals and developing strategic partnerships that are truly unlocking the value of the CARDS Technology

@WGeotek @DraganflyInc $WIN $WINKF $DFLY #AI #MachineLearning #Landminedetection
#Savinglives #NATO

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insidexplr avatarInsidexploration@insidexplr·
21 Apr 1384886716394352646

Check out this beautiful mineralization at the top of the historic shaft on the Rickard Gold Property.

@ArcPacific_ACP $ACP is currently drilling on claim 18405, which encompasses the shaft and hasn't been touched in almost 70 years.

Very Exciting Project!

Image for the Tweet beginning: Check out this beautiful mineralization
Image for the Tweet beginning: Check out this beautiful mineralization
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insidexplr avatarInsidexploration@insidexplr·
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Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

@WGeotek $WIN $WINKF $DFLY #Military #Nato #Landminedetection #savinglives #DisruptiveTech #Machinelearning #AI #Exploration #mining

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Windfall Geotek Announces Strategic Projects Advisory Board with Colonel Stephen Appleton as the Chairman

Highlights: Highly Decorated Military officer Col Appleton agrees to lead Strategic Advisory Board for commercialization ...

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insidexplr avatarInsidexploration@insidexplr·
20 Apr 1384617505071718401

Looks Like our friends at @StGeorgesPlat have been busy staking some ground around the Manicouagan Palladium Project!

Looking forward to some exploration updates :) $SX $SXOOF @maikan5 @despac2 @Steeltown12345

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https://insidexploration.com/st-georges-eco-mining-the-manicouagan-palladium-project/

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insidexplr avatarInsidexploration@insidexplr·
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Better start paying attention to this project!

@ArcPacific_ACP $ACP is currently drilling around The Past Producing High Grade Rickard Gold Mine just North of Timmins, Ontario.

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@ArcPacific_ACP $ACP is currently drilling around The Past Producing High Grade Rickard Gold Mine just North of Timmins, Ontario. 

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