WINKF - Windfall Geotek Announces Initiation of Exploration Program on Newly Staked Land Claims in Sobeski Lake Area of The Red Lake Mining Camp

(TheNewswire)

DOES NOT CONSTITUTE AN OFFER OF THE SECURITIESDESCRIBED HEREIN

Highlights:

• - Sobeski Lake Land Claims staked based on AI Targetinganalysis of North Eastern Section of Red Lake mining camp

  - Maiden field exploration work program initiated on100% owned claims of Windfall Geotek with a NI 43-101 to be completedafter all assays are received

  - Windfall AI scan completed within Red Lake Camp thathas identified multiple new areas of interest, with Sobeski Lakeproperty being the first focus for the company

  - Red Lake AI Gold Target Analysis based on more than3.8 million data points over a 6,000 km 2 area.

Brossard, Quebec - TheNewswire - May 19th , 2021– Windfall Geotek (TSXV:WIN ) ( OTC:WINKF ) ( FSE:L7C2)(“Windfall” of the “Company”) a mining technology company anda leader in the use of Artificial Intelligence (AI) and advancedknowledge-extraction techniques since 2005 announces it has initiatedthe preliminary work for a NI 43-101 in the vicinity of the Red Lakecamp on its Sobeski Lake Property. The land claims were staked basedon Windfall Geotek’s AI analysis of the Red Lake Mining Camp.

Dinesh Kandanchatha, Chairman commented, “The Sobeski Lake area in the Red lakecamp is just one of the areas we are working on with our AI platformusing public data. Our ability to process data at scale and generateinsight using our algorithm promises to unlock value for ourshareholders and shareholders of other projects in thefuture.”

Red Lake Camp Highlights

• - Sobeski Lake Property is road accessible &excellent infrastructure in the Red Lake area.

  - Gold deposits in the Red Lake area are classified asorogenic gold deposits. The gold deposits are highly associated withbrittle-ductile zones in favorable rock units

  - Most of the Red Lake work is concentrated in BalmerAssemblage units which host the majority of gold produced from thearea.

  - Current Gold operators include Pure Gold Mining(Madsen Mine) and Evolution Mining (Red Lake, Campbell and CochenourMines)

  - Several junior explorers are very active in the RedLake camp including Pacton Gold Inc, AurCrest Gold Inc, Trillium GoldMines Inc and Great Bear Resources with their recent discoveries ofboth the Dixie Hinge and LP fault zone

Nathan Tribble P.Geo, Director commented: “This is very exciting to haveinitiated Windfall’s first exploration program in the Red Lake camp,which is one of the most prolific gold camps in the world. After ourrecent Windfall AI system analysis on the entire camp, we were able toselect our favorite targets that we deemed highly prospective throughour internal targeting criteria. The land that was staked hasfavorable rock units, structures and high probability AI targets.”

Windfall Geotek Sobeski LakeHighlights

• - Maiden field exploration work program initiated on100% owned claims

  - Sobieski Lake will be Windfall’s first highlyprospective asset

  - Multiple unexplored AI targets identified to befollowed up with

  - More land packages to be included in Windfall’sportfolio of assets in the coming months

About Windfall Geotek – Powered byArtificial Intelligence (AI) since 2005

Windfall is an Artificial Intelligence company that hasbeen in business for over 15 years developing its proprietary analysis(AI) and data mining techniques. Windfall Geotekcan count on a multidisciplinary team that includes professionals ingeophysics, geology, Artificial Intelligence, and mathematics. It combines available public and privatedatasets including geophysical, drill hole and surface data. Thealgorithms designed and employed by Windfall are calculated tohighlight areas of interest that have the potential to be geologicallysimilar to other gold deposits andmineralization. The Company's objective is todevelop a new royalty stream by significantly enhancing andparticipating in the exploration success rate of mining and tocontinue the Land Mine detection application as a high priority. Windfall has played a part in numerous pastdiscoveries utilizing its methodology as described at: https://windfallgeotek.com/ .

For further information, please contact:

Email:info@windfallgeotek.com

Website: www.windfallgeotek.com

Additional information about the Company isavailable under Windfall Geotek’s profile on SEDAR at www.sedar.com . Neither the TSXVenture Exchange nor does its Regulation Services Provider (as thatterm is defined in the policies of the TSX Venture Exchange) acceptresponsibility for the adequacy or accuracy of this release.

FORWARD-LOOKINGSTATEMENTS: This news release contains forward-looking statements,which relate to future events or future performance and reflectmanagement’s current expectations and assumptions. Suchforward-looking statements reflect management’s current beliefs andare based on assumptions made by and using information currentlyavailable to the Company. Investors are cautioned that theseforward-looking statements are neither promises nor guarantees, andthey are subject to risks and uncertainties that may cause futureresults to differ materially from those expected. Theseforward-looking statements are made as of the date hereof and, exceptas required under applicable securities legislation, the Company doesnot assume any obligation to update or revise them to reflect newevents or circumstances. All forward-looking statements made in thispress release are qualified by these cautionary statements and bythose made in our filings with SEDAR in Canada (available atWWW.SEDAR.COM).

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