Tickers: XTSX:AIIM, PINX:MJXFF
Tags: #Mining
Brossard, Quebec - The Newswire - December 6, 2019 - Windfall Geotek (TSXV:AIIM), a mining exploration and technology company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector, is pleased to announce that Playfair Mining Ltd. ('Playfair Mining'' (Venture TSX:PLY) has received their latest MMI results that confirm the presence of a very significant copper anomaly on its RKV Property in Norway and that they intend to move rapidly to drilling with confidence.
The Storboren Copper Anomaly is at least 200m long and 75m wide. It is open to the NW and SE where no MMI samples have been taken. MMI Cu values as high as 53,300ppb were found in recent follow-up sampling surpassing the previous high of 48,400ppb MMI Cu which, according to a short report by SGS, is "one of the highest recorded values of MMI Cu in a soil''.
The Storboren Copper Anomaly now contains 18 values over 6,000ppb MMI Cu. The SGS short report notes regarding values over 6,000ppb MMI Cu that: "Many, if not all of these, are likely to be associated with weathering copper sulphides".
"We are ecstatic to see our partner, Playfair Mining, obtain such significant results that once again prove the reliability of our AI approach. We have no doubt that this will create a buzz for our CARDS digital exploration platform," explained President & CEO Michel Fontaine, "We would like to thank Neil and Don for the confidence they showed in evaluating all the CARDS AI targets using MMI geochemistry on their RKV project. A first in 15 years! The ability to go from raw data to drilling in 5 to 6 months for a fraction of the cost of traditional exploration methods a great news for geologists and shareholders. As a reminder, CARDS Evaluation has helped focused the exploration area down to 2.5 km2 from the original 295.96 km2."
Playfair Mining had selected the highest MMI result target provided by CARDS (Computer Aided Resources Detection System) and expanded their survey in the same zone. This is only the first target identified by Windfall Geotek's CARDS AI Technology from a total of 15 that yielded a MMI response greater than 50 times background for at least copper, nickel and cobalt. A very promising drilling campaign is ahead of us said
Briggs and Moore. More info on https://insidexploration.com/windfall-geotek-aims-to-expand-on-their-success/
About Windfall Geotek - Powered by Artificial Intelligence (AI) since 2005
Windfall Geotek is a mining exploration and technology 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.
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