Exploits Discovery Corp. announced at least 12 gold targets have been identified on its southern properties situated approximately 90 kilometers south of Gander. These targets were generated by Windfall Geotek's use of Artificial Intelligence (AI) and their compilation of available historic data and proprietary machine-learned filtering technologies.

Highlights: At least 12 separate gold targets identified through Windfall's AI processing. All available current and historical data, including 4,942 gold assay results, were utilized for the study. The project area is in South-Central Newfoundland and covers 1,208.75 km2.

Only a limited amount of exploration over the past 40 years has been conducted in this area, making it an ideal candidate for Windfall's appraisal system. Option and joint venture opportunities are available on these properties. The Great Bend, Middle Ridge, and True Grit project areas located in the Gander River Ultra.

Mafic 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 sed 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 Ultra Mafic Belt, (GRUB), a regional scale trans-compressional thrust fault marked by a discontinuous belt of ophiolitic rock that forms the south easternmost 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 True Grit property lays within the Exploits Sub Zone which is underlain by siliciclastic rocks of the St. Joseph's Cove Group.

The St. Joseph's Cove Formation is comprised of siltstone, pelite, sandstone, and conglomerate with minor quartz sericite schists thought to represent altered felsic tuffs. Historical till surveys resulted in numerous high gold grain counts (Pickett, 1990) which led to the discovery by Teck Resources of the True Grit mineralized zones.