DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Brossard, Quebec - The Newswire - March 29, 2022 - 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 it has provided a preliminary version of it’s AI Mineral Exploration Targeting services for Blue Thunder Mining Inc (TSXV:BLUE, OTCQB:BLTMF) on it’s Muus Project in Chibougamau, Quebec.
The Muus Project is located in the eastern part of the
Caopatina-Desmaraisville segment of the Abitibi Greenstone Belt, south
of the Chibougamau and Chapais mining camps, more specifically between
the Kapunapotagen Fault to the north and Guercheville Fault to the
south, and the Grenville Front to the east. Gold Mineralization is
mostly associated with smokey quartz veins (grey to black) and
sulphide minerals in the wall rocks (pyrite, pyrrhotite, chalcopyrite
Windfall Geotek provided multiple preliminary AI target Models on the Muss property over a total project area of 210 km2. Multiple high priority Gold exploration targets were identified within 3 primary areas highlighted for follow up exploration work resulting from the AI targeting work.
Simran Kamboj, President of Windfall Geotek commented: “We’re very excited to work alongside the Blue Thunder exploration geology team to help advance the Muus project. With the land package so diverse and large, we’re confident that our AI targets will play a key role in their team’s exploration process while reducing their exploration time and budget.”
Jean François Métail, President of Blue Thunder Mining Inc commented: We are highly encouraged that several targets highlighted by Windfall-Geotek coincide with the areas recently identified in our exploration program. This reinforces our confidence in the next round of exploration, in addition to providing new prospective areas. Given the extensive land package we have, it is of primary importance for us to concentrate on the areas of highest potential.
Figure 1: Blue Thunder Mining’s Muss project location
Figure 2: AI Project Models with Target Areas Identified
Figure 4: Target Area 1
Figure 4: Target Area 2
Figure 5: Target Area 3
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/.
For further information, please contact:
President and CTO of Windfall Geotek
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).
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