(TheNewswire)
Brossard, Quebec / The Newswire / April 6th, 2022 – Windfall Geotek (TSX-V: WIN, OTCQB: 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 Windfall will use it’s AI technology on the Opus One Vezza North, Vezza Extension and Noyell projects owned by Opus One Gold Corp (TSX-V: OOR). Windfall Geotek’s team will conduct an AI target assessment using multiple AI target models (Figure 1) utilizing a large database of public & private data.
Figure 1: Shows the Opus One Gold Corp projects along with different gold showings on those claims over the years
Dinesh Kandanchatha, Chairman of Windfall Geotek commented: “We’re incredibly excited to work alongside Opus One on their journey to a discovery. Mr.Morin’s [Opus One CEO] truly understands the value our technology brings to the table in exploration and has a plan ready for execution . We aim to provide his team with an unbiased view of his properties using data, starting with the known Noyell Zone 1 and the neighbouring Vezza mine.”
Louis Morin, CEO of Opus One
commented:
“I have followed the
evolution of the Windfall AI System since 2007. The latest results
from their work seem to confirm that the targets generated by Windfall
AI technology can be very accurate with 5-50 meters overburden. Our
first objective is to test whether our known gold targets like Noyell
Zone 1 and neighbor Vezza mine will overlap existing targets generated
by the AI System. Subsequently, we will work on targets generated by
AI technology in areas with less historical work done in our
Casa-Berardi-Douay-Cameron projects portfolio. It is of great interest
for us as those properties
are located close to infrastructures, manpower and a mining friendly
community.”
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:
Simran Kamboj
President and CTO of Windfall Geotek
Email: simran@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 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).
DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
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