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Windfall Geotek Inc
Symbol WIN
Shares Issued 134,000,000
Close 2026-09-30 C$ 0.02
Market Cap C$ 2,680,000
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Windfall renews New Brunswick VMS claims

2026-09-30 16:43 ET - News Release

Mr. Michel Fontaine reports

WINDFALL GEOTEK ADVANCES NEW AI-DRIVEN EXPLORATION BUSINESS MODEL THROUGH BATHURST MINING CAMP CLAIM RENEWALS FOLLOWING HIGH-PRIORITY VMS TARGET GENERATION

Windfall Geotek Inc. has renewed its claims on 592 hectares successful modelling and extraction of the geophysical digital signature.

The AI (artificial intelligence) zinc targets staked by Windfall Geotek was generated by an AI model with a higher level of similarity using only the zinc-copper assays characterizing seven VMS (volcanogenic massive sulphide) deposits located southeast of Bathurst mining camp (BMC), either Brunswick No. 12, Brunswick No. 6, Key Anacon, Captain, Captain North extension, Heath Steele and Stratmat Main.

The VMS-1 Upper Sprig Brook property was staked in September, 2025, for its VMS (An-Cu-Ag-Au) potential based on AI targeting study of Bathurst mining camp in 2025. It is located approximately 14 kilometres east-southeast from the VMS Heath Steele mines and six km south from the VMS Captain deposit, in New Brunswick. The property is readily accessible via the Highway 430 and through secondary logging roads which branch off the Highway 430.

Technical summary and methodology

Windfall Geotek used a set of 694 variables built from 1995 Multiparameter (magnetic, radiometric, electromagnetic) Survey and the 2004 Megatem survey, and gridded to a 50 m cell size (model resolution) was used over the regional modelling surface area which corresponds to 1,363,428 data points (pixels). A total of 26,887 zinc and copper assays were used as learning data. These training data originated from different

Best drill results to date include:

  • Hole B-3 (1953): 9.2 per cent Zn (zinc), 0.44 per cent Cu (copper) and 170 grams per tonne Ag (silver);
  • Hole B-23 (1953): 4.8 per cent Zn, 0.47 per cent Cu and 100 g/t Ag;
  • Hole A72-5 (1972): 0.2 per cent Zn, 0.6 per cent Cu and four g/t Ag;
  • Hole SB-05-03 (2005): 0.27 per cent Cu and 0.21 per cent Cu over 0.4 m.

  1. New Brunswick Department of Natural Resources and Energy, assessment report 476207;
  2. Goodfellow, W.D., McCutcheon, S.R., Peter, J.M., 2003, massive sulphide deposits of the Bathurst mining camp, New Brunswick, and Northern Maine: Economic Geology Monograph 11, 930 p.;
  3. A strong compilation of historic data followed by terrain campaign (rock or soil sampling) will plan by Windfall Geotek for the near future.

Management commentary

Michel Fontaine, president and chief executive officer of Windfall Geotek, commented: "Windfall Geotek's AI system continues to demonstrate the power of digital exploration by using a proven, data-driven approach to focus exploration on smaller, higher-priority areas. By narrowing the footprint before major field spending, our technology makes exploration more targeted, efficient and cost-effective.

The Bathurst project marks an important evolution in our business model -- from generating AI/ML targets for clients to selectively participating in the exploration and potential value creation of targets produced by our own technology. After 41 client discoveries, it is time to showcase the full strength of our AI system and operate as a hybrid company, combining services with direct AI-driven digital exploration.

"We look forward to advancing these high-priority VMS targets through the next phases of work, with the goal of validating and ultimately drill testing the strongest targets. This is what digital exploration should deliver: better targeting, disciplined capital deployment and direct participation in the value unlocked by our AI."

Technical details

The technical information presented in this news release has been reviewed and approved by Grigor Heba, chief geologist of Windfall Geotek and a qualified person (QP) as defined by National Instrument 43-101.

About Windfall Geotek Inc. -- AI-powered discovery since 2005

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 and AI specialists, Windfall is validating selected AI-generated targets to demonstrate the reliability of its system. Beyond mining, the company is expanding its expertise into life-saving applications, including landmine and UXO detection.

We seek Safe Harbor.

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