Windfall Geotek
Windfall Geotek is a Canadian AI-driven technology company that applies proprietary machine learning to geological, geophysical, and geochemical datasets to generate high-probability mineral exploration targets for global mining clients. It earns revenue through AI service contracts, software licensing, and equity/NSR participation in client projects.
- Company typePublic
- Founded2005
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Windfall Geotek does
Windfall Geotek is a Canadian AI-driven technology and services company that applies proprietary machine learning algorithms to mineral exploration targeting. Founded in 2005 as Albert Mining Inc. and renamed Windfall Geotek in October 2019, the firm is headquartered in Brossard, Quebec and trades on the CSE under WIN (with secondary listings on OTCQB as WINKF and FWB as L7C2). Its core product is the AI System (formerly CARDS - Computer Aided Resources Detection System), which extracts digital signatures from known mineral deposits and uses pattern recognition over multi-dimensional geological datasets (magnetic, radiometric, topographic, drillhole assays, geochemical, and electromagnetic survey inputs) to identify and rank high-probability exploration targets. Disclaimed performance metrics include a 98-99% reduction in exploration footprint and a 94% detection rate on historically known scandium occurrences at the Crater Lake property.
The company commercializes its technology through direct service contracts to mining exploration clients (disclosed contracts of $60K-$80K for projects such as Hi-View Resources' Toodoggone, Prismo Metals' Hot Breccia, and Gold Hunter Resources' Great Northern), supplemented by software licensing and equity/NSR royalty participation in client projects (e.g., 1% NSR buyable for $500K in the Guyana Goldstrike deal, 10% property stake plus 1% NSR in Grand Pacific Resources). Customers are predominantly mid-market junior mining companies, with enterprise examples including Canada Nickel; targets cover gold, copper, silver, zinc, nickel, and critical minerals across at least 13 countries.
Windfall is also extending the AI platform into adjacent verticals via partnerships, most prominently the EagleEye drone-based aerial surveying joint solution with Draganfly Inc. (originally announced March 2020) and leadership of a Borealis Defence Innovation Secure Hubs (DISH) consortium for landmine and unexploded ordnance detection (announced February 2026). The company states contributions to 41+ client discoveries across 200+ projects and 80+ target generation engagements since 2005. Leadership returned to founder Michel Fontaine as Interim Chairman, President and CEO in February 2025, with Daniel Belisle appointed CFO and an advisory committee that now includes representatives from defense, mining finance, and enterprise technology.
Windfall Geotek firmographics
Firmographics- Name
- Windfall Geotek
- Legal name
- Windfall Geotek Inc.
- Website
- https://windfallgeotek.com
- Company type
- Public
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Windfall Geotek is a Canadian AI-driven technology company that applies proprietary machine learning to geological, geophysical, and geochemical datasets to generate high-probability mineral exploration targets for global mining clients. It earns revenue through AI service contracts, software licensing, and equity/NSR participation in client projects.
- Ownership category
- akta.pro rank
Windfall Geotek industry classification
Industry- Product category
- AI-driven Mineral Exploration Software & Services
- NAICS
- Geophysical Surveying and Mapping Services (541360), Support Activities for Metal Mining (213114)
- SIC
- Oil & Gas Field Exploration Services (1382)
- akta.pro primary industry
- Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
- akta.pro secondary industries
- Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control) (IMAKAKAK), Satellite Imagery & Remote Sensing Geospatial Platforms (BPAMANAM), Remote Sensing & Geospatial Vision (satellite/drone imagery) (HDAAAEAL)
Keywords
Where Windfall Geotek is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Windfall Geotek business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- AI Service Contracts: Revenue from providing AI-driven mineral exploration targeting services to mining companies. Contracts typically range from $60,000 to $80,000 based on project scope. Services include generating exploration targets using proprietary AI system analysis.
- Software Licensing: Business model of software licensing for AI exploration platform. Clients pay for access to proprietary AI system for target generation on their exploration properties.
- Equity Participation: Company obtains equity positions and NSR royalties in exploration projects where AI targets are generated. Retains right to purchase 1% NSR Royalty for $500,000 on qualifying land claims.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Hi-View Resources Toodoggone Project AI targeting contract |
| Other | Pay-as-you-go | Prismo Metals Hot Breccia Property AI targeting contract |
| Other | Pay-as-you-go | Gold Hunter Great Northern Project AI targeting contract |
| Other | Multi-year contract | Private Placement November 2025 |
| Other | Multi-year contract | Private Placement Closing November 2025 |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels8 records
Windfall Geotek product offering
Product offeringCore offering
Windfall Geotek provides AI-driven mineral exploration targeting services and software to mining companies. Its proprietary Machine Learning AI System (formerly CARDS) analyzes geophysical, geochemical, and geological datasets to extract digital signatures of known mineral deposits and generate ranked, high-probability exploration targets. The company sells AI service contracts, software licensing, and takes equity/NSR royalty positions in client exploration projects.
Product overview
Windfall Geotek (formerly Albert Mining) is an AI-driven technology and services company that provides mineral exploration solutions through its proprietary Machine Learning AI System. The company operates on a software licensing and equity participation business model. Its core product is the AI System (formerly CARDS), which uses machine learning to analyze geological data and generate high-probability mineral exploration targets. Additional offerings include the EagleEye™ drone-based aerial surveying solution developed with Draganfly Inc., and emerging drone-based landmine detection services. The company serves mining clients globally, having contributed to over 41 client discoveries since 2005.
Differentiator
Problem solved
Functional benefit
Products and services
- AI System (Machine Learning AI System) Windfall Geotek's proprietary AI software platform that leverages machine learning algorithms to analyze multi-dimensional geological datasets (magnetic, radiometric, topographic, geochemical, drillhole assays, EM surveys) to extract digital signatures of known mineral deposits and rank high-probability exploration targets. Targets are delivered at 80-85% similarity scores and the system can reduce exploration footprint by up to 99%. Sold to mining exploration companies through service contracts and software licensing.
- EagleEye AI Aerial Surveying Solution AI-driven drone-based aerial surveying solution co-developed with Draganfly Inc. Combining Windfall's AI mineral exploration capabilities with Draganfly's drone technology to survey land packages for mineral exploration applications (and adaptable for humanitarian demining).
- Drone-Based AI Landmine Detection Solution AI-powered drone-based solution for detecting anti-personnel landmines and unexploded ordnance (UXO) in conflict and post-conflict zones. Developed as part of Windfall's expansion from mineral exploration AI into defense/humanitarian applications, supported by an Advisory Committee including Major-General (retired) Pierre Daigle and the Borealis Defence Innovation Secure Hubs (DISH) consortium.
- Digital Exploration Services (AI Targeting Services) AI-powered target-generation services for mining companies, producing high-probability exploration targets for gold, copper, silver, zinc, nickel, scandium, and other minerals. Services include dual-signature modeling, regional and high-resolution (e.g., VTEM) targeting phases, and validation of AI-generated targets by an NI 43-101 Qualified Person. Engagements are sold as fixed-fee contracts ($60K-$80K) and may be combined with equity participation or NSR royalties in the client exploration project.
Quantifiable outcome
- Reduces exploration footprint by 98-99%, enabling faster and more targeted exploration
- +5 more outcomes
Companies that use Windfall Geotek
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles3 records
Windfall Geotek technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature4 records
Windfall Geotek partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, minor and flagship.
- Hi-View Resourcescore$60,000 AI service contract for gold, silver, and copper targeting on Toodoggone Project in British Columbia. Windfall deployed AI System over 240.52 sq/km modeling area using merged magnetic data, assay data from 46 drillholes, and 2,131 surface rock samples. Generated 14 gold targets, 5 copper targets, and 31 silver targets.
- Borealis Defence Innovation Secure Hubs (DISH) ConsortiumcoreWindfall leading a consortium for Borealis Defence Innovation Secure Hubs (DISH) initiative. Consortium focused on applying AI technology for defence and security applications, potentially including landmine detection and unexploded ordnance identification in conflict zones.
- Gold Hunter Resourcescore$65,000 AI targeting contract for Great Northern Project in Newfoundland. $25,000 of fee settled in equity shares at $0.05 per share. Two-phase modeling: Regional Scale (864.30 sq/km at 50m resolution) and High-Resolution VTEM Focus (286.37 sq/km at 25m resolution).
- Prismo Metals (Hot Breccia)core$80,000 AI service engagement for copper porphyry targeting on Hot Breccia Property in Arizona. Windfall's AI system deployed to analyze geophysical data and identify drilling targets using digital signature extraction from nearby Christmas Mine.
- André Larente (Advisory)minorAndré Larente, CEO/President of Diagnos, appointed to Advisory Committee. Extensive experience at Siemens, Syscan International, Newbridge Networks, Cognos, and other technology companies. Provides strategic insight and technical depth.
- Prismo Metalscore$80,000 contract for copper porphyry targeting on Hot Breccia Property in Arizona covering 1,420 hectares. AI system applied to identify porphyry copper signature using geophysical data, topography, and drillhole data. Project area of 52.76 sq/km analyzed.
- Pierre Daigle (Advisory)minorMajor-General Pierre Daigle appointed to Advisory Committee for landmine detection initiative. Former Brigadier-General with Canadian Forces, recognized for strategic planning and problem-solving skills. Will help navigate relationship with Canadian Armed Forces for demining applications.
- Mark Goodman (Advisory)minorMark Goodman appointed to Advisory Committee. Former President of Dundee Corporation (2017-2019). Currently President & CEO of Copper Road Resources and Chairman of Sterling Metals. Familiar with Windfall's AI System from previous collaboration (2010-2016).
- Grand Pacific ResourcesminorOption agreement for Chapais copper, zinc, and gold property giving Windfall 10% stake in property, 1% NSR with right to buy additional 1% for $500k, pre-IPO priced shares, undisclosed cash, and 20% interest in issued shares when company goes public.
- Guyana GoldstrikecoreMulti-year AI service agreement for East Georgie Project in British Columbia's Golden Triangle. Deal terms included equity position, right to purchase 1% NSR Royalty for $500,000, and potential for additional land claims. Project comprised 10,840 hectares near Stewart, BC.
- Draganfly - EagleEye Enhanced PartnershipflagshipEnhanced digital exploration partnership to advance EagleEye AI-driven aerial surveying solution. Combined drone technology with AI analysis for both mineral exploration and landmine detection applications.
- Draganfly Inc.flagshipStrategic partnership to jointly develop drone-based AI solution for landmine detection. Combined Windfall's AI mineral exploration expertise with Draganfly's drone technology. Agreement to develop groundbreaking aerial surveying solution called EagleEye for both mining exploration and humanitarian demining applications. Enhanced digital exploration partnership and EagleEye solution development announced May 2020.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
Windfall Geotek competitors and assessment
Company assessmentBroad incumbents
- Maptek: Maptek provides geological modelling, mine planning, and operations software for the mining industry, including Vulcan and DomainMC. It addresses a broader mining workflow than Windfall but competes for the same exploration geologist buyer and increasingly integrates ML-driven targeting features.
- CGG (Viridien): Viridien (formerly CGG) provides geophysical data acquisition, processing, and interpretation services for mining and oil & gas exploration. It is a much larger incumbent that addresses an adjacent step in the exploration workflow (raw seismic/data acquisition) where Windfall's AI targets are subsequently generated.
- Seequent (Bentley Systems): Seequent, now part of Bentley Systems, is a leading provider of geoscience analysis, modelling, and collaborative software for mining and civil infrastructure. It serves the same mining exploration customers with a much broader portfolio, including Leapfrog and GeoStudio.
- Hexagon Mining division: Hexagon's Mining division offers fleet management, autonomous solutions, and geoscientific software (HxGN SDx, MinePlan) for mining operators. While much broader than Windfall, it overlaps on the data-driven exploration and mine-planning workflows and competes for similar buyer mindshare.
Direct peers
- Earth AI: Earth AI is an AI-driven mineral exploration company using machine learning to generate drill targets for critical and battery metals. It is the closest active direct competitor to Windfall, applying a similar ML-on-geological-data thesis with a younger but VC-backed footprint.
- Mira Geoscience: Mira Geoscience provides geoscience software and consulting for geophysical, geochemical, and geological data interpretation in mineral exploration. It targets the same mining exploration buyers as Windfall with overlapping data-analysis capabilities, though with more of a software/consulting model.
- Goldspot Discoveries (Alamos Gold subsidiary): Goldspot was the most direct early peer to Windfall, using AI/machine learning to analyze geological data for mineral exploration targets before being acquired by Mining Plus/Alamos Gold. Its historical mandate, customer base, and technology positioning align almost exactly with Windfall's.
Others
- Draganfly Inc. Draganfly is Windfall's strategic partner for drone-based AI aerial surveying (EagleEye™) and humanitarian demining. As a drone hardware/services provider, it is not a direct competitor but is a critical enabling technology supplier and co-development partner on the demining/defense vertical.
- Diagnos Inc. Diagnos is a small-cap Canadian AI company applying machine learning to medical imaging. It is not a direct competitor but is closely related as an ecosystem peer — its CEO sits on Windfall's advisory committee, indicating overlap in technology DNA and small-cap Canadian AI-software investor base.
Emerging players
- Kobold Metals: Kobold Metals is a well-funded AI-driven mineral exploration startup focused on critical minerals for the energy transition. While privately held and at a much earlier stage than Windfall, it competes for the same customers and use cases (AI-assisted target generation for metals).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights3 records
Customer concentration
Windfall Geotek social profiles
Digital presenceWindfall Geotek financial estimates
Financial estimateRevenue estimate
Valuation estimate
Windfall Geotek leadership team
Management profileNumber of profiles
Profiles8 records
Windfall Geotek funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Windfall Geotek M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Windfall Geotek
What does Windfall Geotek do?
Windfall Geotek provides AI-driven mineral exploration targeting services and software to mining companies. Its proprietary Machine Learning AI System (formerly CARDS) analyzes geophysical, geochemical, and geological datasets to extract digital signatures of known mineral deposits and generate ranked, high-probability exploration targets. The company sells AI service contracts, software licensing, and takes equity/NSR royalty positions in client exploration projects.
Is Windfall Geotek a public or private company?
Windfall Geotek is a public company. It is classified as public and is currently operating.
When was Windfall Geotek founded?
Windfall Geotek was founded in 2005. It employs 11 to 50 people.
Where is Windfall Geotek based?
Windfall Geotek is headquartered in Vancouver, Canada, in the North America region.
How does Windfall Geotek make money?
Three revenue lines are on record. AI Service Contracts are the primary driver. The others are software Licensing and equity Participation.
Who are Windfall Geotek's main competitors?
Broad incumbents on record are Maptek, CGG (Viridien), Seequent (Bentley Systems) and Hexagon Mining division. Direct peers are Earth AI, Mira Geoscience and Goldspot Discoveries (Alamos Gold subsidiary). Others are Draganfly Inc. and Diagnos Inc.. Kobold Metals is listed as an emerging player.
Does Windfall Geotek have an API?
No public API is recorded for Windfall Geotek.
What industry is Windfall Geotek in?
Windfall Geotek's product category is AI-driven Mineral Exploration Software & Services. Its primary akta.pro industry code is IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling), with a secondary code of IMAKAKAK, Mine Surveying & Geospatial Services (Survey, Drone/LiDAR, GIS, Grade Control). Its NAICS code is 541360 and its SIC code is 1382.