Mr. Jeff Swinoga reports

EXPLOITS KICKS OFF DIAMOND DRILL PROGRAM AT ITS FENTON GOLD PROJECT

Exploits Discovery Corp. has delivered on its first key milestone of 2026: diamond drills are turning at the 100-per-cent-optioned Fenton gold project near Chapais, Que. The goal of the fully permitted program is to expand the known gold mineralization along strike and at depth.

"This is an important step in executing our Quebec growth strategy of growing our gold ounces," said Jeff Swinoga, chief executive officer and president of Exploits. "We believe the market is not reflecting our underlying value, as, on a pro forma basis, we are trading approximately at cash, before ascribing meaningful value to our gold assets and near-term catalysts."

The winter drill campaign is designed to:

• Follow up on known high-grade mineralization;
• Evaluate several strong electromagnetic conductors and magnetic corridors interpreted to represent sulphide-rich horizons and/or structurally controlled zones prospective for high-grade mineralization.

The program is structured as an initial approximately 1,400-metre priority phase, with the broader winter campaign expected to total approximately 3,000 to 5,000 metres (m), subject to results and field conditions. The initial holes will:

• Follow-up on historical high-grade gold mineralization and downplunge extensions (including 356 grams per tonne (g/t) gold over 0.6 m (Gagnon, 2018);
• Test priority geophysical and structural targets with expansion potential along strike and at depth.

Fenton project overview and recent work

The Fenton project comprises 18 contiguous claims totalling approximately 760.7 hectares. Exploits holds an option to acquire a 100-per-cent interest from Cartier Resources Inc., subject to the underlying agreement terms and existing royalties.

Geologically, the Fenton system occurs in the Abitibi greenstone belt along the Guercheville deformation zone, a regional structural corridor in the Chibougamau-Chapais area known to host gold mineralization.

As previously disclosed by Exploits Discovery on Dec. 16, 2025, phase 1 work at Fenton included mapping, trench/outcrop review and sampling that confirmed sulphide-hosted gold mineralization at surface, with grab samples reporting assays up to 48.4 g/t gold, and a subsequent review/resampling of historic core confirming high-grade gold in key intervals (including 49.0 g/t gold over 0.51 m (gravimetric)) within a previously reported high-grade zone.

Sampling, analytical methods and QA/QC (quality assurance/quality control)

All prospective NQ drill core from the Fenton project is logged and sampled under the supervision of an Exploits professional geologist.

Core is cut in half using a diamond saw, with one-half submitted for analysis and the remaining half retained in secure core storage in Quebec. Samples are sealed and shipped directly to AGAT Laboratories, an independent ISO/IEC 17025-accredited laboratory. Gold is analyzed by 30-gram fire assay with atomic absorption finish, with multielement analysis completed by four-acid digestion and ICP (inductively coupled plasma) analysis.

A QA/QC program, including certified reference materials, blanks and duplicates, is applied at regular intervals, representing approximately 5 per cent of all samples. Samples containing visible gold or returning gold values greater than 10.0 g/t gold are reassayed using metallic screen methods, with results reported as weighted average values.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Mark Richardson, PGeo (OGQ permit No. 10929), a qualified person as defined by National Instrument 43-101. He is a non-independent technical consultant to Exploits and overseeing the gold exploration program at Fenton.

About Exploits Discovery Corp.

Exploits Discovery is a Canadian gold exploration company focused on growing ounces in top-tier mining jurisdictions in Quebec and Ontario across its Fenton, Wilson, Benoist and Hawkins projects. The company also holds a strategic equity position and royalty exposure to New Found Gold Corp. in Newfoundland following the sale of its Newfoundland claims in 2025. Exploits' strategy is to unlock district-scale potential across its balanced Quebec-Ontario portfolio through systematic, data-driven exploration and strategic partnerships, creating shareholder value through discovery and resource growth.

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