WINKF - Windfall Geotek Share Validation of its CARDS AI High Priority Gold Targets on Quebec Precious Metals' Sakami Project James Bay Area Quebec
(TheNewswire)
Brossard, Quebec - TheNewswire - January 7, 2021 –Windfall Geotek Inc. (the “Company”) (TSXV:WIN ) , ( OTC:WINKF) a leader in the application of ArtificialIntelligence (“AI”) and advanced knowledge-extraction techniquessince 2005 in the mining sector, is pleased to announce that it’swork with Quebec Precious Metals Corporation (“QPM”) (TSX-V: CJC)reported positive results on the identified high priority goldexploration targets on its Sakami gold project (the “Project”)covering an area of 131 km 2 and located in the James Bay area of Quebec.« The ground work and ultimately the drilling campaign on the Highpriority CARDS AI generated targets, has once again proven the valuethat data mining techniques can add to the exploration companies herein Quebec and globally. »stated Michel Fontaine, President & CEOof the Company.
Please see below link for more information on thevalidation
The Project lies within the central part of theSuperior Geological Province, near the contact between the sedimentsand volcanic rocks of the La Grande and Opinaca geologicalsub-provinces. It is important to note that area was first worked in1950 and is still largely unexplored. The Company relied upon dataprovided by QPM including: airborne magnetic & radiometric surveys(25 m and 12.5 m resolution); ground magnetic-VLF data (12.5 mresolution); gold assay values from 160 drill holes, as well as from1,032 grab sample values.
The new area with high level (60,8 g/t Au over 0,3m and 15,01 g/t Au over 1,4m) wereintersected in the hole PT-20-173 which is in fact validating thedouble targets generated by our CARDS AI identified by the Models 1& 2. See Map showing the high priority targets:
https://windfallgeotek.com/wp-content/uploads/2021/01/CARDS_AI_Gold_Targets_Map_Sakami_Project.pdf
The Company also owns 568,181 shares of QPM where wecan benefit from the success of our clients.
To maximize shareholder return, Windfall Geotekparticipates in projects where its CARDS AI software platform hasidentified high potential targets. This is in the form revenue fromservices plus financial assets acquisition. With over 98 projectsdelivered successfully over the last 15 years, Windfall Geotek is aleader in mineral exploration using AI.
About Quebec Precious MetalsCorporation
QPM is a new gold explorer with a large land positionin the highly-prospective Eeyou Istchee James Bay Territory, Quebec,near Newmont Goldcorp Corporation’s Éléonore gold mine. QPM’sflagship project is the Sakami project with significant grades andwell-defined drill-ready targets. QPM’s goal is to rapidly explorethis project to advance it to the mineral resource estimatestage.
About Windfall Geotek
Windfall Geotek is an Exploration and Services companyusing AI with an extensive portfolio of gold, copper and zinc projectsin Quebec. The Company has a multidisciplinary team that includesprofessionals in geophysics, geology, AI and mathematics. TheCompany's objective is to develop a royalty stream by significantlyenhancing and participating in the exploration success of itsclients.
For further information, please contact:
Michel Fontaine
President and CEO
Telephone: 514-994-5843
Email: michel@windfallgeotek.com
Website: www.windfallgeotek.com
Additional information about the Company isavailable under 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.
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