WIN:CC - PUMA Exploration Renews Partnership with Windfall Geotek to Identify High Probability Targets
(TheNewswire)
DOES NOT CONSTITUTE AN OFFER OF THESECURITIES DESCRIBED HEREIN
Brossard, Quebec - TheNewswire - Nov22nd, 2022 – Windfall Geotek (TSXV:WIN ) , ( OTC:WINKF ) , ( FSE:L7C2) a leader inthe use of Artificial Intelligence (AI) with advancedknowledge-extraction techniques since 2005 in the mining sector ispleased to announce that it has conducted a large scale AI targetingproject of PUMA Exploration Inc’s (TSXV:PUMA) William’s Brook GoldProperty. 22 AI Targets were generated based on 3 different AItargeting models.
Table 1: AI Williams Brook Project gold targets list,Model 1
| Nr |
| Target ID |
| X (Center) Nad83 UTM19 |
| Y (Center) Nad83 UTM19 |
| Area (sqkm) |
| Perimt. (km) |
| NTS Sheet |
| Geology (NB) |
| 1 |
| AI_Puma_WB_Model_1_Au_01 |
| 661610 |
| 5264550 |
| 0.018 |
| 0.602 |
| 21O10 |
| Felsic Volcanic; Deep Water Clastic |
| 2 |
| AI_Puma_WB_Model_1_Au_02 |
| 661291 |
| 5264420 |
| 0.012 |
| 0.434 |
| 21O10 |
| Felsic Volcanic |
| 3 |
| AI_Puma_WB_Model_1_Au_03 |
| 661387 |
| 5264720 |
| 0.018 |
| 0.580 |
| 21O10 |
| Felsic Volcanic |
| 4 |
| AI_Puma_WB_Model_1_Au_04 |
| 661908 |
| 5265010 |
| 0.019 |
| 0.598 |
| 21O10 |
| Felsic Volcanic |
| 5 |
| AI_Puma_WB_Model_1_Au_05 |
| 662340 |
| 5265710 |
| 0.006 |
| 0.305 |
| 21O10 |
| Deep Water Clastic |
| 6 |
| AI_Puma_WB_Model_1_Au_06 |
| 661263 |
| 5259570 |
| 0.028 |
| 0.887 |
| 21O07 |
| Mafic Volcanic |
| 7 |
| AI_Puma_WB_Model_1_Au_07 |
| 661035 |
| 5259270 |
| 0.006 |
| 0.304 |
| 21O07 |
| Mafic Volcanic |
| 8 |
| AI_Puma_WB_Model_1_Au_08 |
| 660899 |
| 5259030 |
| 0.014 |
| 0.488 |
| 21O07 |
| Mafic Volcanic; Deep Water Clastic |
Table 2: AI Williams Brook Project gold targets list,Model 2a
| Nr |
| Target ID |
| X (Center) Nad83 UTM19 |
| Y (Center) Nad83 UTM19 |
| Area (sqkm) |
| Perimt. (km) |
| NTS Sheet |
| Geology (NB) |
| 1 |
| AI_Puma_WB_Model_2a_Au_01 |
| 661626 |
| 5264730 |
| 0.056 |
| 1.371 |
| 21O10 |
| Felsic Volcanic |
| 2 |
| AI_Puma_WB_Model_2a_Au_02 |
| 661560 |
| 5264520 |
| 0.008 |
| 0.364 |
| 21O10 |
| Felsic Volcanic; Deep Water Clastic |
| 3 |
| AI_Puma_WB_Model_2a_Au_03 |
| 661290 |
| 5264420 |
| 0.005 |
| 0.301 |
| 21O10 |
| Felsic Volcanic |
| 4 |
| AI_Puma_WB_Model_2a_Au_04 |
| 661864 |
| 5265000 |
| 0.006 |
| 0.303 |
| 21O10 |
| Felsic Volcanic |
| 5 |
| AI_Puma_WB_Model_2a_Au_05 |
| 662295 |
| 5265720 |
| 0.009 |
| 0.351 |
| 21O10 |
| Felsic Volcanic; Deep Water Clastic |
| 6 |
| AI_Puma_WB_Model_2a_Au_06 |
| 658575 |
| 5262290 |
| 0.028 |
| 0.859 |
| 21O07 |
| Terrestrial Sediments |
| 7 |
| AI_Puma_WB_Model_2a_Au_07 |
| 680877 |
| 5266440 |
| 0.032 |
| 1.173 |
| 21O10 |
| Mafic Intrusion |
Table 3: AI Williams Brook Project gold targets list,Model 2b
| Nr |
| Target ID |
| X (Center) Nad83 UTM19 |
| Y (Center) Nad83 UTM19 |
| Area (sqkm) |
| Perimt. (km) |
| NTS Sheet |
| Geology (NB) |
| 1 |
| AI_Puma_WB_Model_2b_Au_01 |
| 661676 |
| 5264710 |
| 0.097 |
| 1.421 |
| 21O10 |
| Felsic Volcanic; Deep Water Clastic |
| 2 |
| AI_Puma_WB_Model_2b_Au_02 |
| 679488 |
| 5265610 |
| 0.020 |
| 0.554 |
| 21O10 |
| Terrestrial Sediments |
| 3 |
| AI_Puma_WB_Model_2b_Au_03 |
| 683078 |
| 5267140 |
| 0.013 |
| 0.484 |
| 21O10 |
| Deep Water Clastic |
Table 4: AI Williams Brook Projectgold targets list, Model 3
| Nr |
| Target ID |
| X (Center) Nad83 UTM19 |
| Y (Center) Nad83 UTM19 |
| Area (sqkm) |
| Perimt. (km) |
| NTS Sheet |
| Geology (NB) |
| 1 |
| AI_Puma_WB_Model_3_Au_01 |
| 659999 |
| 5258190 |
| 0.150 |
| 1.749 |
| 21O07 |
| Deep Water Clastic |
| 2 |
| AI_Puma_WB_Model_3_Au_02 |
| 653953 |
| 5262020 |
| 0.068 |
| 1.111 |
| 21O07 |
| Deep Water Clastic |
| 3 |
| AI_Puma_WB_Model_3_Au_03 |
| 658546 |
| 5262580 |
| 0.047 |
| 0.978 |
| 21O07 |
| Terrestrial Sediments |
| 4 |
| AI_Puma_WB_Model_3_Au_04 |
| 669752 |
| 5266500 |
| 0.054 |
| 1.045 |
| 21O10 |
| Deep Water Clastic |
Dinesh Kandanchatha, Chairman ofWindfall Geotek commented: “Our unique technology achieves maximum leverage when we partnerfor multiple years with our clients. We have supported Puma as theydevelop their project, refining their thinking and exploration planwith our digital solutions.”
Marcel Robillard, CEO of PumaExploration commented: “Puma uses all the best available scientific tools to generateexploration targets and prioritize them. The proprietary AI algorithmof Windfall Geotek is one of them and the large set of digital dataPuma has assembled over the years makes it perfect for the use of AI.PUMA has already begun exploring some of these Windfalltargets”
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 .
Figure 1 :Williams Brook Project Outline & AI Target Areas
Figure 2 :Williams Brook Project - AI Target Model 1
Figure 3 :Williams Brook Project - AI Target Model 2A
Figure 4 :Williams Brook Project - AI Target Model 2B
Figure 5 :Williams Brook Project - AI Target Model 3
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:
Simran Kamboj
President and CTO of Windfall Geotek
Email: simran@windfallgeotek.com
Website: www.windfallgeotek.com
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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