Exploits Discovery Corp. announced assay results from diamond drill holes BE-23-018 and BE-23-020 to 029 on its 100% owned Bullseye property located along the Appleton Fault Zone ("AFZ") located approximately 200 metres east of New Found Gold's recently reported high-grade intercepts at its Everest gold zone in central Newfoundland. BE-23-028 encountered several clusters of quartz veining over approximately 18 metres in core- length as well as localized fault zones with associated sulfide enrichment.

Extensive sampling of these zones has generated gold assays up to 14.59 g/t Au. The results and location of BE-23-028 suggest the potential extension of gold mineralization at Everest as reported by New Found Gold on May 10, 2023. Select intercepts from BE-23-028 include: 4.08 g/t Au over 1.60 m core-length, located at a vertical depth of approximately 75 m below surface.

Including 8.16 g/t Au contribution from a 0.70 m sample. 4.85 g/t Au over 0.75 m core-length, located at a vertical depth of approximately 185 m below surface. 14.59 g/t Au over 1.00 m core-length, located at a vertical depth of approximately 186 m below surface.

Mineralization remains open in all directions. Assay results from 29 of the 30 drill holes have been received and publicly reported to date. The results from drill hole BE-23-030 are pending.