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Durango Resources Selects Windfall Geotek to Identify Gold Targets in the Windfall Lake Area using Artificial Intelligence
(via TheNewswire) Brossard, Quebec - The Newswire - July 9, 2020 - Windfal...
About this update from Windfall Geotek Inc.
[{"type":"text","content":"Durango Resources Selects Windfall Geotek to Identify Gold Targets in the Windfall Lake Area using Artificial Intelligence(via TheNewswire)\n \n \nBrossard, Quebec - The Newswire - July 9, 2020 - Windfall Geotek (TSXV:WIN) is a leader in digital exploration using Artificial Intelligence (AI) in the mining sector and is pleased to announce that it has entered into an agreement with Durango Resources Inc. (TSXV:DGO). It plans to develop gold exploration targets over its Windfall Lake Trove project, which covers a large area (1,230 km2) and surrounds the Durango claims on the Urban-Barry Greenstone Belt, within the Abitibi Subprovince (Quebec). \n\n \n \nThe Trove Project is located in the Abitibi Subprovince that hosts numerous deposits having produced over 180 million ounces of gold. In the Windfall Lake area, the gold mineralization is contained in a high-grade, gold-rich, extensively anastomosed network of quartz-rich and pyrite-rich veins which are hosted within strongly silicified volcanic rocks.\n\n \n \nWindfall Geotek will use public data from Ministere des Ressources Naturelles (MRN) du Quebec's database (Sigeom) which include; magnetic and Digital Terrain Model data (50m resolution, 59 occurrences of gold, 1,658 gold assays and 1,842 rock samples), and SRTM data (Shuttle Radar Topography Mission) at 30m resolution from the U.S. Geological Survey database (USGS) to characterize the topography. This data will then be merged into a single dataset and gridded to 50m cell size, generating 478,430 data points that will be used for the gold mineral potential analysis with CARDS.\n\n \n \nCARDS analysis uses AI and data mining techniques to identify high-priority targets by combining all available public data sets, including geophysical, drill hole and topography. The algorithm is designed to highlight areas of interest that are geologically similar to known gold deposits and mineralization in the Windfall Lake region. Durango is conducting early-stage exploration on its local properties and is utilizing the CARDS system as a tool. While data from nearby, advanced exploration projects and producers are being used, no direct comparison to these sites should be inferred. Mineral deposits present on adjacent and/or nearby properties are not necessarily indicative of mineralization on Durango's properties.\n\n \n \nTo view the plan ...