The world simply cannot function without mining. After all, mined minerals have become essential for your cell phones, electric vehicles, solar panels, wind turbines, your computers, you name it. That’s why companies such as Windfall Geotek (TSXV:WIN) (OTC:WINKF)(FSE:L7C2), Extreme Vehicle Battery Technologies Corp. (CSE:ACDC)(OTC:CRYBF), Sokoman Minerals Corp. (TSXV:SIC)(OTC:SICNF), Prime Mining Corp. (OTC:PRMNF)(TSXV:PRYM), and Draganfly Inc. (CSE:DFLY)(OTC:DFLYF) are so essential.
Plus, with a growing population, urbanization, demand for green energy, buildings, cars, and even more electronic gadgets, we could very well see an increased need for metals. What could make mining even more valuable, though, is that we already seem to be coming up short on essential metals, like copper, silver, platinum, palladium, nickel, cobalt, and rhodium.
Look at Windfall Geotek (TSXV:WIN)(OTC:WINKF)(FSE:L7C2)
The company provides the very eyes and ears miners could use to identify mineral-rich projects through delivering artificial intelligence (AI) to unearth a higher likelihood of success.
At the moment, Windfall Geotek, a mining technology company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector announces it has engaged Mark Billings to do a complete review of all the assets of Windfall Geotek, including but not limited to work done at Kirkland Lake, Timmins, and projects in Quebec. Over the past 15 years Windfall has produced targets for over 90 projects, of which only 30 have been validated and many associated closely with electrification metals.
Mr. Billings will be contracted to review all of the targets, Net Smelter Returns (NSR’s) and claims of Windfall to present a plan for monetizing those assets and projects to the board. Mr. Billings has over 20 years of experience in the resource sector and holds an MBA in Finance from Harvard Business School. He is currently an executive or director with Canadian-based companies in the mining sector.
Dinesh Kandanchatha, Chairman commented, “Mark’s background in the resource sector and his educational pedigree make him a perfect fit for this task. Over 15 years you can accumulate a lot of hidden value that with the right mix of creativity and capital can create massive momentum, especially during this shift to electrification metals. We are building a team of operational and investment leaders that will attract the best projects and maximize the leverage from our CARDS AI technology, and it starts by taking stock of what we have.”
Mark Billings commented, “I am excited to use my experience in the resource sector and financial background to support the execution of the Windfall business plan. As a longtime colleague of Sheldon Inwentash and having watched Windfall’s evolution over the past few years, I feel like the timing is perfect for this kind of company.”
The scope of this engagement will include projects and assets in Canada, Australia, Brazil, Burkina Faso, Chile, Dominican Republic, Haiti, Mexico, Norway, New Brunswick, Newfoundland, Ontario, Quebec, and Tanzania.
Other related developments from around the markets include:
Extreme Vehicle Battery Technologies Corp. announced the launch of its previously unveiled IoniX Pro EV Smart Charger Series. The Electric Vehicle (EV) market is one of the fastest growing markets in the world. Projected to grow almost 5x over the next 6 years1, the Company wants to ensure it was not only part of this rapidly growing revolutionary change, but also wants to be a disruptive force in it. In order for EV's to grow at such a rapid pace, it is necessary that infrastructure be built to allow for such growth. One of the most obvious necessities are EV charging stations. Similar to the absolute requirement of gas stations for gasoline and diesel fueled vehicles to operate, it is equally important to build EV charging stations for EV's to be able to operate.
Sokoman Minerals Corp. announced that it has acquired, through staking and option agreements, a total of 1,891 claims (47,275 hectares), the Fleur de Lys Project, on the Baie Verte Peninsula of northwestern Newfoundland. Tim Froude, President & CEO of Sokoman, says: “The staking of the Fleur de Lys project is the result of two years of research and recce exploration. This exciting project will not distract us from our flagship Moosehead Project but will become a great addition to our portfolio. We are excited and proud to have seized the opportunity to acquire, largely for staking costs only, a district-scale project in one of the hottest gold exploration jurisdictions in the world. Historic exploration has been minimal with only 1 recorded drill hole testing for gold on the 475 sq. km property. An analogous geological setting, at multiple levels, to a multi-million-ounce gold deposit in the UK (Curraghinalt); anomalous gold in government lake-sediment and till geochemical surveys; gold in till samples taken by Sokoman with many pristine gold grains indicating closeness to source; and rock samples with significant gold values – all of this is found on our new Fleur de Lys property.”
Prime Mining Corp. reported initial results from its 15,000 m Phase 1 diamond drilling program at the Los Reyes project in Sinaloa State, Mexico. Results have been received from drill hole 21GE-01 at Guadalupe East and surface sampling at Mina 20/21 has discovered new high-grade mineralization 1.3 km northeast of Guadalupe East in an area of unrecorded historic mining. Chief Executive Officer, Daniel Kunz commented “Our first Guadalupe East drill hole opens up impressive bonanza-grade gold-silver potential at Los Reyes and highlights the expanding potential at depth and to the east at Guadalupe. Recognition of the San Nicolas vein at shallow depths and below the current pit boundary offers significant pit expansion opportunities, while the newly sampled bonanza grade mineralized structures in an area known as Mina 20/21 may lead Prime to discover more mineral deposit areas”.
Draganfly Inc., an award-winning, industry-leading drone solutions and systems developer, announced that it has advanced field testing of the EagleEye™ land mine detection solution with Windfall Geotek. Windfall Geotek is a mining services company and a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector. This test included joint research, AI development, and engineering support for the development of drones and sensor equipment.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Windfall Geotek by Windfall Geotek We own ZERO shares of Windfall Geotek. Please click here for full disclaimer.
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