Opus One Gold Corp to Use Windfall Geotek AI System Technology on Its Casa Berardi Douay Cameron gold properties located near Matagami, QC
April 06 2022 - 8:00AM
Opus One Gold Corp (TSX-V: OOR) (the
“
Company” or “
Opus One”);
Windfall Geotek
(TSX-V: WIN, OTCQB: WINKF, FSE:
L7C2) (Windfall), are pleased to announce
that Windfall will create two gold signature programs on Opus One
Vezza North, Vezza Extension and Noyell projects. Windfall will
assist Opus One Gold Corporation
(TSX-V:
OOR) (Opus One) to find new drill targets by using its AI
Mineral Exploration Targeting technology that identifies sites
showing the same signatures as known mines and deposits. Windfall
Geotek is a leader in the use of Artificial Intelligence (AI) with
advanced knowledge-extraction techniques, developed since 2005 in
the mining sector.
A first regional gold signature program will
include all public information available and will cover the Noyell,
Vezza north and Vezza Extension projects.
Figure 1: Shows the Opus
One Gold Corp projects location along with different gold showings
found on those claims over the
yearshttps://www.globenewswire.com/NewsRoom/AttachmentNg/a5a6f120-266b-487d-8d46-01392a1680f6
The second gold signature program will extract
more information from a new detailed high resolution Mag Airborne
survey ordered by Opus One. This recent survey covered the entire
Casa-Berardi-Douay-Cameron properties area last February and March
2022.
The survey covered the Noyell property which
hosts the gold discovery called Zone 1. The latter was drilled in
2020 and 2021 by Opus One and has now been defined over a strike
length of over 400 m and down to the 375 m level. In addition, the
geophysical survey covered the Vezza North and Vezza Extension
properties. The Vezza Extension property is interpreted to
potentially host the western extension of the former Vezza Mine
mineralized horizon.
Windfall Geotek will use its AI System with this
newly generated high-resolution data. The signature process will
cover a total project area of 285 claims (10860 hectares). High
priority gold exploration targets will be identified within the
best similarities to find the same geological context of the VEZZA
gold mine and Noyell property Zone1.
Louis Morin, Opus One CEO
commented: “I followed the evolution of the Windfall AI
System since 2007. The latest results from their work seem to
confirm that the targets generated by Windfall AI technology can be
very accurate with 5-50 meters overburden. Our first objective is
to test whether our known gold targets like Noyell Zone 1 and
neighbor Vezza mine will overlap existing targets generated by the
AI System. Subsequently, we will work on targets generated by AI
technology in areas with less historical work done in our
Casa-Berardi-Douay-Cameron projects portfolio. It is of great
interest for us as our projects are located close to
infrastructures, manpower and mining friendly communities.”
Dinesh Kandanchatha, Chairman of
Windfall Geotek commented: “We’re incredibly excited to
work alongside Opus One on their journey to a discovery. Mr. Morin
[Opus One CEO] truly understands the value our technology brings to
the table in exploration and has a plan ready for execution. We aim
to provide his team with an unbiased view of his properties using
data, starting with the known Noyell Zone 1 and the neighbouring
Vezza mine.”
The scientific and technical data contained in
this press release was reviewed and prepared under the supervision
of Grigor Heba, Ph.D., P.Geo., Principal Geologist and a
Qualified Person as defined by National Instrument 43-101.
About OPUS ONE Gold Corp
Inc.
Opus One Gold Corp Inc. is a mining exploration
company focused on discovering high quality gold and base metals
deposits within strategically located properties in proven mining
camps, close to existing mines in the Abitibi Greenstone Belt,
north-western Quebec and north-eastern Ontario - one of the most
prolific gold mining areas in the world. Opus One holds assets in
Val-d'Or, Matagami and Chibougamau areas.
About Windfall Geotek
Windfall is an Artificial Intelligence company
that has been in business for over 15 years developing its
proprietary CARDS analysis (AI) and data mining techniques.
Windfall Geotek can count on a multidisciplinary team that includes
professionals in geophysics, geology, Artificial Intelligence, and
mathematics. It combines available public and private datasets
including geophysical, drill hole and surface data. The algorithms
designed and employed by Windfall are calculated to highlight areas
of interest that have the potential to be geologically similar to
other gold deposits and mineralization. The Company's objective is
to develop a new royalty stream by significantly enhancing and
participating in the exploration success rate of mining and to
continue the Land Mine detection application as a high priority.
Windfall has played a part in numerous past discoveries utilizing
its methodology as described at: https://windfallgeotek.com/.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of the release.
For more information, please
contact:
Louis MorinChief Executive Officer &
DirectorTel.: (514) 591-398
Michael W. Kinley, CPA, CAPresident, Chief
Financial Officer & DirectorTel: (902)
826-1579info@OpusOneGold.com
Visit Opus One’s website:
www.OpusOneGold.com
Figure 2: Project
Locationshttps://www.globenewswire.com/NewsRoom/AttachmentNg/28871d6a-960a-45de-ae59-6c5e0cee5a44
FORWARD-LOOKING STATEMENTS: This news
release contains forward-looking statements, which relate to future
events or future performance and reflect management’s current
expectations and assumptions. Such forward-looking statements
reflect management’s current beliefs and are based on assumptions
made by and using information currently available to the Company.
Investors are cautioned that these forward-looking statements are
neither promises nor guarantees, and they are subject to risks and
uncertainties that may cause future results to differ materially
from those expected. These forward-looking statements are made as
of the date hereof and, except as required under applicable
securities legislation, the Company does not assume any obligation
to update or revise them to reflect new events or circumstances.
All forward-looking statements made in this press release are
qualified by these cautionary statements and by those made in our
filings with SEDAR in Canada (available at
WWW.SEDAR.COM).
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