WINKF - Windfall Geotek Generates High Probability AI Exploration Targets For Macdonald Mines SPJ Gold Project Near Sudbury Ontario

(TheNewswire)

DOESNOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Highlights:

• New high priority targets identified outside of knownmineralization near the former Scadding Gold Mine

• Windfall Geotek’s AI targets will help accelerateMacDonald Mines exploration programs

• The SPJ Project comprises 19,380 hectares in the Davis,Street and Scadding Townships, 40 kilometres East of Sudbury, Ontarioand close to key infrastructure (rail, road, power, qualifiedworkforce) and in a mining friendly jurisdiction.

• The SPJ project is unique due to it’s high grades potential to be a large scale IOCG System.

Brossard, Quebec - TheNewswire - December 16th, 2021– Windfall Geotek Inc. (TSXV:WIN ) ( OTC:WINKF ) ( FSE:L7C2) aleader in the use of Artificial Intelligence (AI) with advancedknowledge-extraction techniques since 2005 in the mining sector and ispleased to announce it has provided and completed it’s AI MineralExploration targeting services for MacDonald Mines Exploration Ltd(TSX-V:BMK) for it’s SPJ Gold Project located North East of Sudbury,Ontario.

Windfall Geotek generated 18 new high priority AItargets for further exploration work to assist MacDonald Mines futureexploration programs. The AI analysis showed significant upsidepotential with high probability AI targets outside of the alreadyknown high grade gold areas in & around the Scadding mine.

Project Highlights

• 18 priority AI targets identified (Figure1,2,3,4)

• The work comprised of more than 1 million data pointsin a surface area of 264.7km 2

• Windfall Geotek was able to locate old historicalshowings in which data points were not available showing significantaccuracy and significance of drill targets.

Geological Context

The McDonald Mines’s SPJ Project is a gold-richiron-oxide-copper-gold (IOCG) property located 20 km northeast ofSudbury, Ontario, Canada.

Regionally, the SPJ Project is located within thePaleoproterozoic Huronian Supergroup of the Southern Province, whichconsists of a series of steeply dipping metasedimentary rocks withsubordinate metavolcanic rocks. Intrusive rocks in the region includethe Cutler, Killarney, and Chief Lake granitic intrusions, while themafic intrusions include the Nipissing diabase suite, the East BullLake intrusion-type and the Sudbury Igneous Complex.

Primary Target Model List

Secondary Target Model List

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Figure 1: Primary Model - WesternPortion of SPJ Project

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Figure 2: Secondary Model - WesternPortion of SPJ Project

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Figure 3: Primary Model - EasternPortion of SPJ Project

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Figure 4: Secondary Model - EasternPortion of SPJ Project

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Figure 5: MacDonald Mines PropertyWide Map of AI Targets produced by Windfall Geotek Inc.

The scientific and technical data contained in thispress release was reviewed and prepared under the supervision ofGrigor Heba, Ph.D., P.Geo., Principal Geologist and a QualifiedPerson as defined by National Instrument 43-101 .

About Windfall Geotek – Powered by Artificial Intelligence (AI)since 2005

Windfall is an Artificial Intelligence company that hasbeen in business for over 15 years developing its proprietary CARDSanalysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team thatincludes professionals in geophysics, geology, ArtificialIntelligence, 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. 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:for

President and CTO of Windfall Geotek

Email: simran@windfallgeotek.com

Website: www.windfallgeotek.com
Phone: 1-855-946-5145

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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