RMR
Brossard, Quebec – The Newswire – July 30, 2020 – Windfall Geotek (TSXV:WIN) is a leader in the use of Artificial Intelligence (AI) in the mining sector for digital exploration and is pleased to announce it has initiated a work program using its CARDS AI analysis with Gatling Exploration in Larder Lake, Ontario. Windfall will generate new high probability gold targets on Gatling’s Larder Gold Project within the prolific Cadillac-Larder Lake Break Gold Camp.
Windfall Geotek is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and used by Windfall are designed to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization in the Kirkland-Larder Lake region. All this data will be merged into a dataset where then CARDS AI will begin its gold mineral potential analysis. Value of the contract is $115,000.00 CAD Cash.
Private and Public data to be utilized including but not limited to:
- – Magnetic surveys
- – Topography – Drill hole and rock samples databases (Figures 1) – The digital elevation model (DEM) of GDS 1053 – Additional data provided from Ontario Geological Survey (OGS)
Learn more about the geologic context of this areas at https://www.gatlingexploration.com/larder-project/overview/
“We have witnessed the great work performed by Windfall Geotek approach in Ontario in recent months and given our data rich environment, we are confident that we will receive multiple gold targets using Windfall’s proprietary CARDS AI. Our property position is one of the largest in the area and covers 3,370hectares hosting several gold bearing rock units. Most of the property is underexplored, so additional tools and techniques can be particularly effective for us to be successful in these new areas. This new layer of AI targeting will be incorporated into our exploration strategy as we vector in on the areas with the highest gold potential”.
Nav Dhaliwal President & CEO, Director of Gatling Exploration
“The momentum and appetite for our CARDS AI technology right now is a combination of the rising gold price and the need to speed up discoveries. We have seen a tremendous increase in demand during the Covid-19 pandemic as our digital exploration represents a great alternative to field work and is a safe way to advance projects quickly. The contract with Gatling exploration is a very exciting one for us as we know our targets will be validated quickly. We look forward to continuing to build value for our shareholders and clients with these validations”.
Michel Fontaine President & CEO of Windfall Geotek
Windfall has played a part in numerous past discoveries utilizing its methodology as described at:
https://windfallgeotek.com/clients-discoveries/
About Windfall Geotek – Powered by Artificial Intelligence (AI) since 2005
Windfall Geotek is a services company using Artificial Intelligence (AI) with an extensive portfolio of shares of its clients. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. 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.
For further information, please contact:
Michel Fontaine
President and CEO of Windfall Geotek
Telephone: 514-994-5843
Email: michel@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.
FORWARD LOOKING STATEMENTS This news release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release
