M&A / Property
Windfall Geotek Deploys AI-Powered Gold Targeting on Gold Hunter's Great Northern Project, Newfoundland

WIN · Price
Executive Summary
- Windfall Geotek entered a $65,000 service agreement with Gold Hunter Resources to apply its proprietary AI‑driven mineral exploration system to the Great Northern Project in northwest Newfoundland.
- $25,000 of the fee will be paid in Gold Hunter shares at $0.05 per share, providing “skin‑in‑the‑game” equity exposure for Windfall.
- Two high‑resolution AI models (regional 864.30 sq km @ 50 m and VTEM focus 286.37 sq km @ 25 m) will be delivered, with preliminary results expected by January 2026, potentially guiding Gold Hunter’s upcoming drilling program.
Key Details
- Contract Value: $65,000 total service fee.
- Equity Component: $25,000 settled in Gold Hunter shares at $0.05 per share (≈ 500,000 shares).
- Model 1 – Regional Scale:
- Area: 864.30 sq km
- Resolution: 50 m (341,997 data points)
- Data integrated: merged magnetic & topography + 20,709 historical gold assays.
- Model 2 – High‑Resolution VTEM Focus:
- Area: 286.37 sq km
- Resolution: 25 m (458,445 data points)
- Data integrated: newly acquired VTEM™ Plus magnetic‑electromagnetic data + 29,861 gold assays.
- Target Deposits Highlighted:
- Thor Deposit – 5.46 M t @ 1.45 g/t Au (high‑grade zones with low‑grade halos).
- Rattling Brook Deposit – historic disseminated gold resource providing a distinct digital signature.
- Expected Deliverables: Preliminary AI heat maps and predictive drill targets by January 2026; final heat maps to refine Gold Hunter’s initial drilling program.
- Comments – Windfall Geotek (Michel Fontaine, President & CEO): AI modeling will focus on shallow targets (0–300 m) in heavily covered terrain, potentially reducing exploration footprint by up to 99%.
- Comments – Gold Hunter Resources (Sean Kingsley, President & CEO): Over 66,000 m of drilling data and >50 km of gold‑bearing trends plus new VTEM survey will be used to train the AI; final heat maps expected in January.
- Technical Review: Information reviewed and approved by Grigor Heba, Principal Geologist (Qualified Person under NI 43‑101).
Notable Quotes
“We expect this process to reduce the effective exploration footprint by up to 99%, allowing Gold Hunter to focus their capital on the highest‑probability zones.” – Michel Fontaine, President & CEO, Windfall Geotek
“Deploying Windfall Geotek allows us to leverage an extraordinary amount of historical data that has never been consolidated nor viewed through the lens of modern AI… We look forward to receiving the final heat maps in January to refine our initial drill program.” – Sean Kingsley, President & CEO, Gold Hunter Resources
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Jun 18, 2026 · 08:00