Gitennes Exploration Inc. provided an update on its JMW and Maxwell properties, Chapais-Chibougamau Area, Quebec. The two properties were optioned to Newfoundland Discovery Corp. in late 2022 and Newfoundland Discovery completed a five-hole diamond drill programme on JMW and a 1,000-line kilometre airborne magnetometer ("MAG") geophysical survey on Maxwell.

Gitennes and Newfoundland Discovery have now received all of the MAG data and will begin processing the data to determine the next phase of work on Maxwell. Diamond drill core from all five holes from the JMW drilling has been sampled and the samples have been received by the assay lab. Results from the assaying are expected in late February or early March.

Gitennes also announces that its stock option plan, presented at the Company's latest annual meeting, was approved by its shareholders. The Company is granting 200,000 incentive stock options to consultants. Each option is exercisable at $0.05 per share and has a term of two years.

This grant of options remains subject to acceptance by the TSX Venture Exchange.