Canadian microcap explorer Nine Mile Metals has acquired another property in the Bathurst Mining Camp area of New Brunswick and will use the vendor Windfall Geotek’s AI-based services to explore it.
Nine Mile, which has the Nine Mile Brook and other properties in the district, has also engaged Windfall Geotek to add its technology and expertise to the broader search for copper, base and precious metals in what the explorer describes as a “never tested” section of the Nine Mile Synform.
“No drilling has been conducted along this prospective trend,” it says.
CEO Patrick Cruickshank said Windfall Geotek’s West Nine Mile Brook property was a “valuable addition” to Nine Mile’s district volcanogenic massive sulphide (VMS) exploration portfolio.
“We have identified three high-priority targets within the folded trend and … numerous VMS occurrences have been discovered on this trend and nodes,” he said.
“Our work with Windfall Geotek and its proprietary artificial intelligence analysis will be applied to our entire project portfolio.”
Windfall chairman Dinesh Kandanchatta said technologies such as ChatGPT were “expanding the art of the possible with AI”.
Windfall has been developing AI and data mining techniques over 15 years. Kandanchatta said algorithms designed and employed by Windfall were calculated to highlight areas with similar geological potential to other base or precious metal deposits.
Nine Mile has swapped equity for the West Nine Mile Brook claim.
It is also working with Manitoba-based Earthex Geophysical Solutions on data and technology-driven exploration in New Brunswick.
The company has a current market value of about C$15 million.
