Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ('Exploits' or the 'Company') is pleased to announce the observation of fine grains of visible gold in quartz vein clusters in its first two drill holes.

Assay results have been received from the initial three drill holes of the campaign currently underway at Exploits' Bullseye property in Central Newfoundland. Exploits owns a 100% interest in Bullseye's 11 mineral claims (2.8 km-2) along the Appleton Fault Zone.

Highlights: Visible gold identified in two of the first three drill holes.

Drill hole BE-23-001 intersected 8.58 g/t Au over a 1.0 m core-length located at a vertical depth of 41.3 m below surface.

including 14.24 g/t Au screen metallic assay contribution from a 0.5 m sample where a half-dozen fine grains of visible gold were noted within a network of quartz veins.

Drill hole BE-23-002 intersected 4.96 g/t Au over 3.0 m core-length located at a vertical depth of 119.6 m below surface. includes a 16.66 g/t Au assay contribution from a 0.65 m sample and fine grain visible gold was also observed.

Drill hole BE-23-003 intersected 3.02 g/t Au over 1.0 m at a vertical depth of 145 m below surface.

Jeff Swinoga, President and CEO, commented, 'We were very excited to see visible gold in our first two holes drilled at Bullseye. It's a great start and these early results suggest the potential for making a significant near-surface gold discovery. It's fair to say that we are correctly situated in the Appleton gold system at Bullseye. Drilling continues and we look forward to the next set of assays.'

To date, a total of 10 holes consisting of 3,232 metres of NQ drilling, have been completed of the 6,000-metre, results-oriented, drill program. The first three holes successfully intersected the Appleton Fault. This initial drilling program is designed to determine the potential for high grade gold discoveries along Exploits' 1.2 kilometre segment of the Appleton Fault Zone. The Company plans to complete down-hole surveys to assist with the mapping and orientation of the veins.

About Exploits Discovery Corp.

Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The Company is actively exploring its gold projects in the Exploits Subzone, covering approximately 2,000 square kilometres of mineral tenements. The Company's Exploration 2.0 methodology is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold's success at the Keats and Lotto Zones in the Appleton zone. Exploits is leveraging its local team and geologic understanding to become one of the most extensive explorers in the Exploits Subzone.

Contact:

Shanda Kilborn

Tel: +1 (778) 819-2708

Email: investors@exploits.gold

Forward-Looking Statements

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

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