WINKF - Dios Exploration to Drill Windfall Geotek Provided AI Targets on the K2 Project Located in James Bay Quebec
(TheNewswire)
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Brossard, Quebec - TheNewswire -September 15th, 2021 – Windfall Geotek (TSXV:WIN ) ( OTC:WINKF ) ( FSE:L7C2) a leader in the use of Artificial Intelligence (AI) withadvanced knowledge-extraction techniques since 2005 in the miningsector is pleased to announce that it’s partner Dios Exploration(TSX-V: DOS ) will drill Gold AI targets on Dios Exploration’s K2project located in the Eeyou Istchee James Bay region, Quebec (Figures1-3).
News Highlights
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- Windfall Geotek signed a strategic deal in June 2021to sell Dios Exploration targets to be drilled within the year.Increasing target validation is a core part of the new strategy tohelp further improve our technology and prove credibility in themarket
- Dios also received positive soil samples inside thearea of the AI target showing a potential positive sign of goldmineralization
- The largest Windfall Geotek AI target covers an areaof 0.87 km 2 on the DIOS K2 Property
- The AI analysis consisted of area of 148, 969km 2 in the James Bay Region that includes four geological sub provincesthe Minto, La Grande, Opinaca-Opatica subprovince, and Ashuanipicomplex (from north to south), consisting of volcano-plutonic andsedimentary assemblages
- Geology indicates a contact between basalts &felsic tuffs, highlighted also by DIOS’s VLF anomalies within the AItarget
- Positive soil samples inside the area of the AItarget confirming as a valid gold target
Dinesh Kandanchatha, Chairman ofWindfall Geotek commented: “ We areexcited to progress to the next phase of our relationship with theDIOS Team. We at Windfall, leverage an outcome based model for ourbusiness, and those outcomes are validated by drill programs. Bothmanagement teams share a commitment to efficient use of capital andare excited about the potential of Windfall’s technology andDIOS’ geological expertise to find and develop newresources.”
Marie- Josee Girard, Presidente &Geologist of Dios Exploration Inc commented : “ We are very excited with this several kmlong gold-copper target area, pointed at with several combinedmethods, from Dios’ research and field work and Windfall Geotek AItargeting”
Figure 1 - Windfall Geotek AI Targetswith Satellite Imagery base layer
Figure 2 - Windfall Geotek AI Targetswith regional geology base layer
Figure 3 - Windfall Geotek AI Targetswith Geophysics base layer
The scientific and technical data contained in thispress release was reviewed and prepared under the supervision ofGrigor Heba, Ph.D., P.Geo., Principal Geologist and a QualifiedPerson as defined by National Instrument 43-101 .
About Windfall Geotek – Powered by Artificial Intelligence (AI)since 2005
Windfall is an Artificial Intelligence company that hasbeen in business for over 15 years developing its proprietary CARDSanalysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team thatincludes professionals in geophysics, geology, ArtificialIntelligence, and mathematics. It combinesavailable public and private datasets including geophysical, drillhole and surface data. The algorithms designed and employed byWindfall are calculated to highlight areas of interest that have thepotential to be geologically similar to other gold deposits andmineralization. The Company's objective is todevelop a new royalty stream by significantly enhancing andparticipating in the exploration success rate of mining and tocontinue the Land Mine detection application as a high priority. Windfall has played a part in numerous pastdiscoveries utilizing its methodology as described at: https://windfallgeotek.com/ .
For further information, please contact:for
President and CTO of Windfall Geotek
Email: simran@windfallgeotek.com
Website: www.windfallgeotek.com
Phone: 1-855-946-5145
Additional information about the Company is availableunder Windfall Geotek’s profile on SEDAR at www.sedar.com . Neither the TSXVenture Exchange nor does its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange) acceptresponsibility for the adequacy or accuracy of this release.
FORWARD-LOOKINGSTATEMENTS: This news release contains forward-looking statements,which relate to future events or future performance and reflectmanagement’s current expectations and assumptions. Suchforward-looking statements reflect management’s current beliefs andare based on assumptions made by and using information currentlyavailable to the Company. Investors are cautioned that theseforward-looking statements are neither promises nor guarantees, andthey are subject to risks and uncertainties that may cause futureresults to differ materially from those expected. Theseforward-looking statements are made as of the date hereof and, exceptas required under applicable securities legislation, the Company doesnot assume any obligation to update or revise them to reflect newevents or circumstances. All forward-looking statements made in thispress release are qualified by these cautionary statements and bythose made in our filings with SEDAR in Canada (available atWWW.SEDAR.COM).
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