22:35:19 EDT Thu 16 Apr 2026
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Windfall Geotek Inc
Symbol WIN
Shares Issued 134,000,000
Close 2026-04-16 C$ 0.025
Market Cap C$ 3,350,000
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Windfall to process Precore's Lac Big-Rush data sets

2026-04-16 20:44 ET - News Release

Mr. Michel Fontaine reports

WINDFALL GEOTEK DEPLOYS AI-POWERED GOLD TARGETING ON PRECORE GOLD'S LAC BIG-RUSH GOLD PROPERTY IN QUEBEC

Windfall Geotek Inc. will use its proprietary machine learning artificial intelligence system across Precore Gold Corp.'s Lac Big-Rush property located in the highly prospective area within the Chibougamau mining camp of Quebec, approximately 32 kilometres from the town of Chibougamau, Que.

Windfall will process Precore Gold's consolidated geoscientific data sets to generate high-confidence, AI-driven predictive exploration targets in advance of the company's inaugural exploration and drilling campaign, set for later this year. Preliminary results are anticipated in the next few months. The deployment of the AI system comprises two distinct modelling phases:

  • Model 1 (regional scale): covering 365.55 square kilometres at a 50-metre (146,367 data point) resolution; this model integrates merged magnetic data and topography with historical gold assays provided from drill hole and rock samples of the Sigeom public database to identify broad regional trends and structural corridors;
  • Model 2 (high-resolution magnetic survey): covering 123.75 square kilometres at a sharp 25-metre resolution; this advanced model utilizes the newly acquired magnetic data and SRTM, processing 196,479 individual data points.

Michel Fontaine, president and chief executive officer of Windfall Geotek, commented: "Backed by over 41 client discoveries, Windfall Geotek's AI-driven exploration platform is redefining target generation. Through dual-signature modelling, we rank and prioritize zones using the highest similarity scores across independent predictive models. With over two decades of R&D investment and a fully cloud-powered infrastructure, we are now able to compress what traditionally takes months into just days. This integrated approach combining AI, geophysics and geological expertise from senior geologists positions Precore Gold to dramatically reduce its exploration footprint by up to 99 per cent and focus capital exclusively on the most prospective targets."

By harnessing geophysical data, topography, geological insights and cutting-edge high performance computing, Windfall's AI system uncovers hidden patterns that distinguish promising mineral zones from less prospective areas empowering smarter, faster and more confident exploration decisions.

The technical information presented in this news release has been reviewed and approved by Grigor Heba, principal geologist of Windfall Geotek, who is responsible for ensuring that the related technical information provided in this news release is accurate and acts as a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Windfall Geotek Inc.

Windfall Geotek is a global leader in AI-driven mineral exploration, turning complex geoscience data into high-potential discoveries with unmatched speed and accuracy. With a multidisciplinary team of geophysicists, geologists, AI specialists and mathematicians, Windfall is expanding its AI expertise into life-saving applications, including land mine and UXO detection. As part of its new business plan, Windfall validates selected AI-generated targets to demonstrate the power and reliability of its system.

Innovative, proven and scalable, Windfall delivers tangible results, real-world impact and strong growth potential.

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