Business
Nine Mile Metals to Hire Windfall Geotek's AI Services for the Properties Located in the Bathurst Mining Camp & Acquire a New Claim Block
(TheNewswire) DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Bross...
About this update from Windfall Geotek Inc.
[{"type":"text","content":"Nine Mile Metals to Hire Windfall Geotek's AI Services for the Properties Located in the Bathurst Mining Camp & Acquire a New Claim Block\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n DOES NOT CONSTITUTE AN OFFER OF THE\nSECURITIES DESCRIBED HEREIN\n \n \n \n \n Brossard, Quebec - TheNewswire -\nFebruary 9, 2023\n \n \n – Windfall Geotek\n \n \n (TSXV:WIN\n \n \n )\n \n \n ,\n \n \n (\n \n \n OTC:WINKF\n \n \n )\n \n \n ,\n \n \n (\n \n \n FSE:L7C2)\n \n \n a leader in\nthe use of Artificial Intelligence (AI) with advanced\nknowledge-extraction techniques since 2005 in the mining sector is\npleased to announce it has signed a contract to provide\n \n \n AI Mineral Exploration Targeting services for\n \n \n NINE MILE METALS LTD. (CSE:NINE,\nOTCQB:VMSXF, FSE:KQ9)\n \n \n on its properties in New\nBrunswick, Canada. Additionally, Nine Mile Metals has acquired a claim\nfrom Windfall Geotek in exchange for stock compensation and a royalty.\nThe claim is subject to a 2% net smelter return (“NSR”), with the\nright to purchase back 50% of the 2% NSR.\n \n \n \n \n \n \n \n \n \n Figure\n1\n \n \n : New Brunswick Claim #10161\ndrawn in white border acquired by Nine Mile Metals.\n \n \n \n \n Dinesh\nKandanchatta, Chairman of Windfall added,\n \n \n “We are excited to work with Patrick\nand the Nine Mile Metals Team on this project. Technologies such as\nChatGPT are expanding the art of the possible with AI. Visionaries\nlike Patrick are leading the expansion of AI adoption in the\nexploration sector. This multi year program represents what is\npossible when AI driven technology companies and exploration companies\nwork together.”\n \n \n \n \n \n Patrick J.\nCruickshank, MBA, CEO & Director states,\n \n \n “This acquisition of West Nine Mile\nBrook, is a valuable addition to our Nine Mile Brook VMS Portfolio.\nThe Nine Mile Mineralized Synform continues through our new property\nand has never been tested. We have identified (3) high priority\ntargets within the folded trend and as you can see, numerous VMS\noccurrences have been discovered on this trend and nodes. We are\ncommitted to continuing to enlarge our geophysical footprint in the\nBMC and add quality value for our shareholders through growth and\nacquisition strategies. Our work with Windfa...