Exploits begins 2026 diamond drilling at Fenton

Executive Summary

• Exploits Discovery Corp. has commenced a diamond drill program at its 100%-optioned Fenton Gold Project near Chapais, Quebec, marking the first key milestone of 2026.
• The initial phase targets approximately 1,400 meters to follow up on known high-grade mineralization and test geophysical/structural targets for expansion along strike and at depth.
• The broader winter campaign is expected to total between 3,000 and 5,000 meters, subject to field conditions and initial results.

Key Details

• Project Location & Status: Fenton Gold Project, near Chapais, Quebec; fully permitted; 100% optioned interest from Cartier Resources Inc.
• Drill Program Scope:
  • Initial priority phase: ~1,400 meters.
  • Total winter campaign target: ~3,000 to 5,000 meters.
• Drilling Objectives:
  • Follow up on historical high-grade gold mineralization and downplunge extensions.
  • Test priority geophysical and structural targets with expansion potential along strike and at depth.
• Historical High-Grade Context:
  • Targeting downplunge extensions of historic intervals, including 356 g/t gold over 0.6 m (Gagnon, 2018).
  • Recent surface work (Dec 2025) confirmed sulphide-hosted gold with grab samples up to 48.4 g/t gold.
  • Resampling of historic core confirmed high-grade intervals, including 49.0 g/t gold over 0.51 m (gravimetric).
• Geological Setting: Located in the Abitibi greenstone belt along the Guercheville deformation zone, a regional structural corridor known for gold mineralization.
• Sampling & QA/QC:
  • Core logged by Exploits professional geologist; samples submitted to AGAT Laboratories (ISO/IEC 17025-accredited).
  • Analysis method: 30-gram fire assay with atomic absorption finish; multielement analysis via four-acid digestion and ICP.
  • QA/QC includes ~5% certified reference materials, blanks, and duplicates.
  • Samples >10.0 g/t gold or with visible gold are reassayed using metallic screen methods.
• Qualified Person: Mark Richardson, PGeo (OGQ permit No. 10929), non-independent technical consultant.

Notable Quotes

• "This is an important step in executing our Quebec growth strategy of growing our gold ounces," said Jeff Swinoga, chief executive officer and president of Exploits.
• "We believe the market is not reflecting our underlying value, as, on a pro forma basis, we are trading approximately at cash, before ascribing meaningful value to our gold assets and near-term catalysts."