02:57:54 EDT Wed 22 Apr 2026
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Windfall Geotek Inc
Symbol WIN
Shares Issued 134,000,000
Close 2026-04-21 C$ 0.025
Market Cap C$ 3,350,000
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Windfall identifies 40 targets at Great Northern

2026-04-21 20:25 ET - News Release

Mr. Michel Fontaine reports

WINDFALL GEOTEK DELIVERS FINAL AI-DRIVEN TARGETS AT GREAT NORTHERN, ADVANCING GOLD HUNTER RESOURCES TOWARD INAUGURAL EXPLORATION AND DRILL PROGRAM

Windfall Geotek Inc. has completed district-scale machine-learning targeting at the Great Northern project in northwestern Newfoundland, generating 40 gold targets -- including five high-priority zones confirmed by both models.

Windfall Geotek holds a strategic position in Gold Hunter Resources, comprising 500,000 common shares and 500,000 warrants, reinforcing its alignment with the company's growth and exploration success.

Gold Hunter engaged Windfall Geotek to apply its proprietary artificial intelligence system across the extensive data set compiled at the Great Northern project, drawing on 398 drill holes containing 23,493 gold assays, 7,850 surface rock samples and geophysical data, including the company's first ever district-scale VTEM Plus and horizontal magnetic gradiometer survey completed in October, 2025. The AI system identifies areas that share geological characteristics with previously reported mineralized occurrences, providing an additional layer of support for the company's technical team. Key results are as follows:

  • Two models were applied: Model 1 covered 864.30 square kilometres, and Model 2 covered 286.37 square kilometres;
  • Model 1 training data set: 20,709 gold assays of which 2,231 met the Au greater than or equal to 0.5 part per million threshold;
  • Model 2 training data set: 29,861 gold assays of which 5,072 met the Au greater than or equal to 0.5 ppm threshold;
  • 40 gold exploration targets generated in total:
    • Nine targets from Model 1 at a 90-per-cent similarity threshold;
    • 31 targets from Model 2 at a 70-per-cent similarity threshold;
    • Higher similarity thresholds indicate a stronger match to known mineralized signatures;
  • Five high-priority areas identified by both models, representing elevated zones for follow-up evaluation.

By harnessing geophysical data, topography, geological insights and cutting-edge high performance computing, Windfall's AI system uncovers hidden patterns that distinguish promising mineral zones from less prospective areas empowering smarter, faster and more confident exploration decisions.

The technical information presented in this news release has been reviewed and approved by Grigor Heba, principal geologist of Windfall Geotek, who is responsible for ensuring that the related technical information provided in this news release is accurate and acts as a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Windfall Geotek Inc.

Windfall Geotek is a global leader in AI-driven mineral exploration, turning complex geoscience data into high-potential discoveries with unmatched speed and accuracy. With a multidisciplinary team of geophysicists, geologists, AI specialists and mathematicians, Windfall is expanding its AI expertise into life-saving applications, including landmine and UXO detection. As part of its new business plan, Windfall validates selected AI-generated targets to demonstrate the power and reliability of its system.

Innovative, proven and scalable, Windfall delivers tangible results, real-world impact and strong growth potential.

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