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Windfall Geotek Ink Contract with Evolution Mining for its Kintore Gold Project in Australia

Tickers: XTSX:AIIM, PINX:MJXFF
Tags: #Mining



Brossard, Quebec - TheNewswire - December 11, 2019 - Windfall Geotek (TSXV:AIIM), a Canadian mining technology and services company and a global leader in the use of Artificial Intelligence (AI) for advanced knowledge-extraction techniques since 2005 is pleased to announce that it has entered into an agreement with Evolution Mining Ltd (ASX: EVN) to develop gold exploration targets over its Kintore Project (88 sq/km) located in the in the Kalgoorlie Gold Field in Western Australia. The ground is underlain by Neoarchean Kalgoorlie granite-greenstone Terrane in the Goldfields Province of the Yilgarn Craton.

Windfall Geotek will use data entirely provided by Evolution Mining: magnetic and Digital Elevation Model (15m resolution); gravimetry (30m resolution); structural (lineaments), and 229 314 gold assays collected from 6 440 drill holes. This data will be then merged into a single dataset and gridded to 15m cell size (which corresponds to 389 424 data points) in order to proceed to the gold mineral potential analysis with CARDS.

By using its CARDS technology, Windfall Geotek will assist Evolution Mining in identifying gold exploration targets and possible sites with the same signature as known gold occurrences. Windfall Geotek uses its proprietary technology to analyze geophysical, geochemical, and geological data to discover the patterns hidden in the large amount of data that Evolution Mining owns. With this contract , it clearly confirm that we are the global reference for the use of AI in brownfield exploration quoted Michel Fontaine CEO of Windfall Geotek

Windfall Geotek CARDS Artificial Intelligence count over 90 successful projects over the past 15 years, Windfall Geotek has a track record that is unmatched in digital exploration. Windfall Geotek is also please to inform that it has filed for Trade marks (TM) for its brand name in USA, CANADA and AUSTRALIA, ensuring a long-term value for its shareholders.

About Windfall Geotek - Powered by Artificial Intelligence (AI) since 2005

Windfall Geotek is a services company using Artificial Intelligence (AI) with an extensive portfolio of gold, copper and zinc properties in Quebec. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company's objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.

For further information, please contact:

Michel Fontaine

President and CEO of Windfall Geotek

Telephone: 514-994-5843

Email: michel@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.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Copyright (c) 2019 TheNewswire - All rights reserved.

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