Exploits Discovery Corp. announced its results from the 2022 drilling program at the Titan gold target, located approximately 40 kilometres north-northeast of its Bullseye claims adjacent to New Found Gold's Keats and Lotto high-grade gold discoveries. This program successfully confirmed the presence of the gold mineralization system identified by a compilation of historic data; and traced the system to a vertical depth of 150 metres distributed over a strike-length of approximately 300 metres along the main drilling trend.

Confirmed the presence of gold mineralization distributed within altered and sulphide-bearing gabbroic sills as indicated by the Alpha IPTM electromagnetic survey. Established that the orientation of the mineralized zone strikes to the northeast, the shallow-dipping (eastwards) units extend 'away' from the limited near-surface drilling reported by Crosshair in 2004. Fine grains of visible gold were observed in centimetre-scale veins (TI-22-002 and TI-22-004).

The new drilling results were integrated with surficial mapping and historical data to develop a 3D geological model to better understand the structural controls on gold mineralization at Titan. Selected intercepts from the 20-hole program (6,059 metre, NQ diameter core) are as follows: 3.10 g/t Au over 3.23 m including 16.10 g/t Au over 0.40 m in Hole TI-22-004 2.29 g/t Au over 2.09 m including 3.48 g/t Au over 0.39 m in Hole TI-22-001 2.82 g/t Au over 3.50 m including 14.80 g/t Au over 0.40 m in Hole TI-22-002 4.99 g/t Au over 0.35 m, and 2.21 g/t Au over 1.90 m including 4.68 g/t Au over 0.50 m in Hole TI-22-005 3.86 g/t Au over 0.99 m including 7.96 g/t Au over 0.43 m in Hole TI-22-009 2.33 g/t Au over 2.00 m including 4.90 g/t Au over 0.52 m in Hole TI-22-010 3.69 g/t Au over 1.65 m including 5.66 g/t Au over 0.70 m in Hole TI-22-015. The 2022 drill program at Titan consisted of 20 NQ sized (4.76 cm diameter coring) drill holes totaling 6,059 metres which was completed by November 25th, 2022.

Drill holes tested the mineralized gabbroic intrusions that produced historic drilling intercepts of up 10.22 g/t Au over 3.35 metres (Crosshair, 2004 - Drill hole WP-1). Holes TI-22-017, TI-22-018, and TI-22-020 tested additional geological structures interpreted to control gold mineralization at Titan. Holes throughout the program were also designed to target geophysical responses highlighted by the Alpha IPTM survey completed for Exploits by Simcoe Geoscience.

Interpretation indicated several zones of combined conductivity (elevated metal content) /resistivity (potential silicification-veining) responses. The NQ core that was selected for sampling was halved by core saw, placed into sample bags with unique sample tags for identification by Company personnel. The bags are then sealed and transported directly to SGS Canada Inc. ("SGS") Mobile Sample Preparation Unit (MSPU) located in Grand Falls - Newfoundland by Company personnel for sample preparation.

After preparation, the samples are sent to SGS's analytical laboratory in Burnaby - British Columbia for analysis. At the analytical lab, 30-gram splits are digested by multi-acid (4-Acid) digestion and analyzed for gold by fire assay (method GE_FAI31V5) plus 33 elements by ICP-AES (method GE_ICP40Q12). Certified reference materials and blanks are inserted at defined intervals for QA/QC purposes by the Company, representing approximately 10% of all samples sent for assay.

SGS is an ISO/IEC 17025 certified laboratory and independent of Exploits Discovery Corp.