Brossard, Quebec – June 23, 2021– Windfall Geotek (TSXV:WIN)(OTC:WINKF)(FSE:L7C2) a leader in the use of Artificial Intelligence (AI) with advanced knowledge-extraction techniques since 2005 in the mining sector is pleased to announce that it will provide AI Gold targets on Dios Exploration’s K2 project located in the Eeyou Istchee James Bay region, Quebec (Figures 1-3).
News Highlights
The largest Windfall Geotek AI target covers an area of 0.87 km2 on the DIOS K2 Property
The AI analysis area of 148, 969 km2 in the James Bay Region includes four geological sub provinces the Minto, La Grande, Opinaca-Opatica sub province, and Ashuanipi complex (from north to south), consisting of volcano-plutonic and sedimentary assemblages
Geology indicates a contact between basalts & felsic tuffs, highlighted also by DIOS’s VLF anomalies within the AI target
The area is well known for its emerging potential for gold and base metal mineralization
Dinesh Kandanchatha, Chairman of Windfall Geotek commented: “We are pleased to announce this agreement with Dios Exploration where we are able to take advantage of our history of work in that region having done the Elmer project in the past which has had positive results. We are excited to be working with Dios Exploration in a Win-Win scenario at a strategic time with the upcoming field work Dios is undertaking over summer 2021.”
Marie-Jose Girard, President & Geologist of Dios Exploration Inc commented : “We are thrilled to have acquired this high probability target ahead of our Summer 2021 campaign in the same region. We have seen positive results with our neighbour (Elmer project) in the same geological context and we feel this target has good potential to be incorporated into our drilling program.”
Figure 1 – AI Targets Figure 2 – Windfall Geotek AI Targets with regional geology base layerFigure 3 – Windfall Geotek AI Targets with Geophysics base layer
The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Grigor Heba, Ph.D., P.Geo., Principal Geologist and a Qualified Person as defined by National Instrument 43-101. 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/.
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.
FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and using information currently available to the Company. 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. All forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).
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.
Currently we have 2 porphyry systems identified by @GoldspotD at the #ReyLake & #LuckyMike areas which need further drilling. In addition, we now have over 20 target areas to focus on, giving the 120km² Project potential to host a cluster of deposits.
While expanding the roads to access higher up the mountain, @ResourcesWalker $WRR exposed a 1000 foot wide section of alteration they now call the cut. What's cool is that this system can be traced from the mill up to 8,500 feet!
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