Business
Windfall Geotek Stakes Additional Claims in Red Lake Mining Camp Near AurCrest Gold's Ranger Lake Property
(TheNewswire) DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN...
About this update from Windfall Geotek Inc.
[{"type":"text","content":"Windfall Geotek Stakes Additional Claims in Red Lake Mining Camp Near AurCrest Gold's Ranger Lake Property\n \n \n (TheNewswire)\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 - June\n9, 2021\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 additional staking of high probability gold AI\ntargets North of AurCrest Gold’s Ranger Lake Property. Windfall\nGeotek’s proprietary AI system analyzes large data sets to find\nexploration targets that lack visual outcroppings and have been\nundetected using traditional exploration methods.\n \n \n \n \n Dinesh Kandanchatha, Chairman of\nWindfall Geotek commented:\n \n \n “We are very excited to see our partners in the field validating\nour technology. Red lake is a prolific camp and we continue to expand\nour holdings based on the outputs of our technology. Positive drill\nresults for Aurcrest Gold will be accretive to all our holdings in the\narea.”\n \n \n \n \n AurCrest Gold (TSX-V: AGO)\n Highlights and Activities\n \n \n \n \n \n \n - Actively exploring their 1,010 ha Ranger Lake\nProperty in Red Lake, Ontario\n \n \n \n \n - Recently staked another 654 claims or approximately\n13,210 additional ha in the East Red Lake Gold Camp\n \n \n \n \n - Commissioned Windfall Geotek for its use of the CARDS\nAI analysis, which provided excellent high probability gold targets on\nthe Ranger Lake Property that have been underexplored\n \n \n \n \n - A Spatiotemporal Geochemical Hydrocarbon (“SGH”)\nsurvey has validated both geological units and Windfall AI CARDS\ntargets with values up to 706 ppb Au¹ (Figure 1 & 2)\n \n \n \n \n - Recently commenced their maiden drill program on the\nRanger Lake property utilizing high probability CARDS targets²\n \n \n \n \n - AGO has drilled 8 holes on Windfall Geotek Targets at\nRanger Lake³\n \n \n \n \n - AGO initial drilling observations have intercepted\nintervals with polymetallic sulphide mineralization (up to 80 %)\nextending from surface to 184...