Mr. Dinesh Kandanchatha reports

WINDFALL GEOTEK GENERATES AI EXPLORATION TARGETS FOR EXPLOITS DISCOVERY PROJECTS IN CENTRAL NEWFOUNDLAND

Windfall Geotek Inc. has provided and completed its artificial intelligence mineral exploration targeting services for Exploits Discovery for its Exploits south district property package consisting of the True Grit, Great Bend and Middle Ridge properties located in central Newfoundland.

Windfall Geotek generated 12 AI targets over the project area covering 1,208.75 square kilometres utilizing 4,942 gold assays. The AI target analysis provides significant upside for new discoveries beyond the scope of known gold mineralization on the project.

Jeff Swinoga, president and chief executive officer, comments: "As we advance our new Horseshoe gold discovery and target development further to the north at our Gazeebow claims, we are pleased that this new technology was able to assist us with identifying numerous gold targets within our relatively unexplored southern claims. We were very impressed with Windfall's predictive AI technology and its ability to highlight the potential for significant upside for new discoveries beyond the scope of known gold mineralization on these properties."

Dinesh Kandanchatha, interim CEO and chairman: "We are excited about the opportunity to continue our exploration activities in Newfoundland. Mr. Swinoga has been a strong partner as we continue to expand our data set and validate our models for gold."

Geological context

The Great Bend-Middle Ridge project area located in the Gander River ultramafic belt (GRUB) regional structure is thought to be very important in the mobilization and concentration of gold mineralization in the province of Newfoundland, Canada.

The Great Bend property is situated within the Dunnage zone and encompasses (from west to east) the Newfoundland Geological Survey-mapped Coy Pond complex (CPC), Baie d'Espoir group (BDG) and the Davidsville group. Lithological units are diverse across the property and consist of Cambrian to Ordovician ophiolitic ultramafics (CPC), Ordovician felsic to intermediate island-arc volcanics and siliciclastic sediments (BDG), as well as Davidsville group Ordovician marine siliciclastic sediments. The southwest property margin contains the northeast edge of the Early Ordovician Partridgeberry Hills granite which truncates the ophiolite and siliciclastic packages.

The Middle Ridge property straddles a significant regional structure of the Dunnage zone called the Gander River ultramafic belt, (GRUB), a regional-scale trans-compressional thrust fault marked by a discontinuous belt of ophiolitic rock that forms the southeasternmost boundary of the Exploits subzone. The GRUB line is believed to be a potential conduit for deep-seated fluid flow and a pathway for the transportation of gold-bearing fluids. This structure is spatially associated with significant gold deposition across the belt focused in secondary and tertiary structural splays from the GRUB line, which is hosted in the Silurian siliciclastic sediments of the Exploits subzone.

The scientific and technical data contained in this press release were reviewed and prepared under the supervision of Grigor Heba, PhD, PGeo, principal geologist and a qualified person as defined by National Instrument 43-101.

About Windfall Geotek Inc.

Powered by artificial intelligence (AI) since 2005, 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 data sets, 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.

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