WINKF - Windfall Geotek Delivers AI Targets for Capella Minerals Copper - Zinc - Gold - Silver Kjoli VMS Project In Norway

(TheNewswire)

Highlights:

• - A total of 24 targets foundon the 150 km 2 Kjøli VMSproject reducing the exploration area by 90% to help focus on less than 10 km 2

  - Targets are proximal to the Killingdal mine, which produced2,900,000 tons of Copper and Zinc while in operation 1

  - Windfall has now produced 50+ base metal and precious metal targetsusing public and customer data in Norway covering over 300 km 2 .

Brossard, Quebec – TheNewswire - May 5 , 2021 – WindfallGeotek (TSXV:WIN ) ( OTC:WINKF ) ( F RA :L7 C2 ), a global leader in AI mineral exploration since 2005 , is pleased to announce the delivery of highprobability AI targets to Capella Minerals (TSX.V: CMIL, FRA: N7D2)for their  Kjøli VMS Project in Norway. The AI targets (Figure 1& 2) identify separate Copper-Zinc & Gold-Silver areas on theKjøli VMS project located in the Røros mining district in centralNorway.

• - 13 Copper-Zinc targets with threshold of 1% for Cu & 0.5 % forZn according to our algorithms

  - 11 Gold-Silver targets with threshold of 0.2 g/t for Au & 5 g/tfor Ag according to our algorithms

  - Various extensions and trends identified near the knownmineralization zones of the Killingdal and Kjøli past producing mines

  - The precision AI targets reduce the exploration area by 90%, therebyreducing the need for excessive exploration and drilling.

About Capella Mineral’s KjøliProject:

The Company’s Kjøli copper-rich massive sulfide (“VMS”) projectrepresents a district-scale (150 square kilometers / 15,000 Ha) landposition on the northern extension of the Røros mining district incentral Norway, which saw mining for over 300 years beginning in themid-1600’s. The Kjøli Project (Figure 1) covers approximately 15 kmstrike length of highly-prospective stratigraphy extending north fromthe past-producing Killingdal mine - which operated from 1674 to 1986and produced some 1 2.9 Mt@ 1.7% Cu + 5.5% Zn from one of Europe’s deepest (1.4 km)underground mines - to the former Kjøli copper mine

1. Historic production figuresare from Birkeland, A. (1986) Mineralogisk og geokjemiskundersokelseav Killingdal gruver, Sor-Trondelag. M. Scient. Thesis,University of Oslo in Geological Survey of Finland, Special Paper 53pg. 86.

Eric Roth, President & CEO ofCapella Minerals comments: "Working with Windfall Geotek allows us to accelerate ourproject while generating high probability targets during the lowseason for field work, We have been following with great interest thepositive CARDS AI results being reported from Playfair Mining’s(TSX,V:PLY) RKV Project in central Norway, which lies in a similargeological setting and hosts similar deposit types to Kjøli . AI support in mineral exploration willbe instrumental in the future successes in our industry and we lookforward to further work onthese targets in our summer 2021 field exploration.

Simran Kamboj, President and CTO ofWindfall Geotek commented: “We are pleased to have identified high probability targets forour partners in the Capella Minerals project.  Our tools andproprietary AI models perform well when it comes to base metals and weare excited for the Capella Mineral’s team to validate the targetsto further the project one step closer to an operating mine. As thebase metals demand goes up in the next decade, the supply chain willneed more sources of sustainable battery minerals from projects likethis one in Norway. We are confident Capella Minerals will benefitfrom our work and this joint effort will generate a great return forboth of our shareholders.

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Figure 1: Copper-Zinc targets on Kjøli Project inCentral Norway

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Figure 2: Gold-Silver targets on Kjøli Project inCentral Norway

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Figure3: Windfall Geotek AI TargetGeneration Process

The scientific and technical data contained in this press release wasreviewed and prepared under the supervision of Grigor Heba, Ph.D.,P.Geo., Principal Geologist and a Qualified Person as defined byNational Instrument 43-101.

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

Windfall is an Artificial Intelligence company that has been inbusiness for over 15 years developing its proprietary Windfall AIanalysis and data processing techniques. Windfall Geotek can count ona multidisciplinary team that includes professionals in geophysics,geology, Artificial Intelligence, and mathematics. It combinesavailable public and private datasets including geophysical, drillhole and surface data. The algorithms designed and employed byWindfall are calculated to highlight areas of interest that have thepotential to be geologically similar to other gold deposits andmineralization. Windfall Geotek AI increases shareholder value byreducing both time & exploration costs while reducing theenvironmental impact from mineral exploration. Windfall Geotek looksforward to leveraging it’s AI technology to find both precious andbase metals which will play a critical part in the future ofelectrification & reducing the world's carbon footprint. TheCompany's objective is to develop a new royalty stream bysignificantly enhancing and participating in the exploration successrate of mining and to continue the Land Mine detection application asa high priority. Windfall has played a part in numerous pastdiscoveries utilizing its methodology as described at: https://windfallgeotek.com/

For further information, please contact:

Simran Kamboj

President and C T O of WindfallGeotek

Telephone: +1 (450) 678-8882

Email: info@ windfallgeotek.com

Website: www.windfallgeotek.com

Additional information about the Company is availableunder 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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