Windfall Geotek Stakes Additional Claims in Red Lake Mining Camp Near AurCrest Gold''s Ranger Lake Property
DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Brossard, Quebec - TheNewswire - June 9, 2021 Windfall Geotek (TSXV:WIN ) , ( OTC: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 additional staking of high probability gold AI targets North of AurCrest Golds Ranger Lake Property. Windfall Geoteks proprietary AI system analyzes large data sets to find exploration targets that lack visual outcroppings and have been undetected using traditional exploration methods. Dinesh Kandanchatha, Chairman of Windfall Geotek commented: We are very excited to see our partners in the field validating our technology. Red lake is a prolific camp and we continue to expand our holdings based on the outputs of our technology. Positive drill results for Aurcrest Gold will be accretive to all our holdings in the area. AurCrest Gold (TSX-V: AGO) Highlights and Activities - Actively exploring their 1,010 ha Ranger Lake Property in Red Lake, Ontario - Recently staked another 654 claims or approximately 13,210 additional ha in the East Red Lake Gold Camp - Commissioned Windfall Geotek for its use of the CARDS AI analysis, which provided excellent high probability gold targets on the Ranger Lake Property that have been underexplored - A Spatiotemporal Geochemical Hydrocarbon (SGH) survey has validated both geological units and Windfall AI CARDS targets with values up to 706 ppb Au¹ (Figure 1 2) - Recently commenced their maiden drill program on the Ranger Lake property utilizing high probability CARDS targets² - AGO has drilled 8 holes on Windfall Geotek Targets at Ranger Lake³ - AGO initial drilling observations have intercepted intervals with polymetallic sulphide mineralization (up to 80 %) extending from surface to 184 metres downhole³ - Rollout of AurCrest''s Forest Carbon Offset with the incorporation of Big Tree Carbon Corp Chris Angeconeb, President and CEO of AurCrest Gold commented: It is very significant that both the CARDS modelling and the subsequent SGH interpretation independently categorize this target within a high probability percentile . . . [helping de-risk the drill campaign].
Windfall Geotek Stakes Additional Claims in Red Lake Mining Camp Near AurCrest Gold''s Ranger Lake Property
DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Brossard, Quebec - TheNewswire - June 9, 2021 Windfall Geotek (TSXV:WIN ) , ( OTC: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 additional staking of high probability gold AI targets North of AurCrest Golds Ranger Lake Property. Windfall Geoteks proprietary AI system analyzes large data sets to find exploration targets that lack visual outcroppings and have been undetected using traditional exploration methods. Dinesh Kandanchatha, Chairman of Windfall Geotek commented: We are very excited to see our partners in the field validating our technology. Red lake is a prolific camp and we continue to expand our holdings based on the outputs of our technology. Positive drill results for Aurcrest Gold will be accretive to all our holdings in the area. AurCrest Gold (TSX-V: AGO) Highlights and Activities - Actively exploring their 1,010 ha Ranger Lake Property in Red Lake, Ontario - Recently staked another 654 claims or approximately 13,210 additional ha in the East Red Lake Gold Camp - Commissioned Windfall Geotek for its use of the CARDS AI analysis, which provided excellent high probability gold targets on the Ranger Lake Property that have been underexplored - A Spatiotemporal Geochemical Hydrocarbon (SGH) survey has validated both geological units and Windfall AI CARDS targets with values up to 706 ppb Au¹ (Figure 1 2) - Recently commenced their maiden drill program on the Ranger Lake property utilizing high probability CARDS targets² - AGO has drilled 8 holes on Windfall Geotek Targets at Ranger Lake³ - AGO initial drilling observations have intercepted intervals with polymetallic sulphide mineralization (up to 80 %) extending from surface to 184 metres downhole³ - Rollout of AurCrest''s Forest Carbon Offset with the incorporation of Big Tree Carbon Corp Chris Angeconeb, President and CEO of AurCrest Gold commented: It is very significant that both the CARDS modelling and the subsequent SGH interpretation independently categorize this target within a high probability percentile . . . [helping de-risk the drill campaign].