Brossard, Quebec – The Newswire -July 6, 2020 – Windfall Geotek (TSXV:WIN), a leader in digital exploration using Artificial Intelligence (AI) in the mining sector, is pleased to announce that in its pursuit of identifying high-probability gold targets in the Red Lake area, that it will assist BTU with the targeting of high-grade gold on their Dixie Halo Property using their proprietary state-of-the-art Artificial Intelligence (“AI”) system. Windfall Geotek has already identified several highly-prospective gold targets on the BTU property using public data and will continue to analyze said data, as well BTU’s proprietary data, to establish additional priority targets. Windfall will receive $50,000 plus 200,000 options (18 months) for its services.
As per the contract, the Windfall and BTU teams will work together to confirm these initial AI targets and will strive to supplement these with additional high-quality as the evaluation advances.
Windfall Geotek is a global leader in the use of Artificial Intelligence (AI) for digital exploration. It has been in business for over 15 years in the mining sector with its proprietary CARDS analysis (AI) and data mining techniques which combines all available public data sets, including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall Geotek are intended to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization in the Red Lake region. Windfall Geotek has played a part in numerous past discoveries utilizing its methodology.
Michel Fontaine President & CEO of Windfall Geotek states: “Algorithms cannot invent something they can predict patterns within a high probability area. Windfall Geotek has identified several patterns over areas where gold was found in the past in the Red Lake area. Based on this, our datamining approach has identified some areas with similar patterns on BTU’s Dixie Halo Property which is proximal to Great Bear’s claims. These high-probability gold targets are expected to be covered by deep overburden. Thus, our CARDS AI highlights the most 1-3% gold prospective areas on the property. CARDS 2D is not only greener, it is also leaner, and we can’t wait to once again demonstrate the power of using AI in a data-rich environment”.
About Windfall Geotek – Powered by Artificial Intelligence (AI) since 2005
Windfall Geotek is a mining and 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 companies and to continue the Land Mine detection application as a high priority.
For further information, please contact:
President and CEO of Windfall Geotek
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