Exploration & Services

WINDFALL GEOTEK PARTNERS WITH GUYANA GOLDSTRIKE INC ON A MULTI YEAR ARTIFICIAL INTELLIGENCE AGREEMENT IN BRITISH COLUMBIA’S GOLDEN TRIANGLE

DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Brossard, Quebec / The Newswire / December 1, 2021 – Windfall Geotek (TSX-V: WIN, OTCQB: WINKF, FSE: L7C2) a leader in the use of Artificial Intelligence (AI) with advanced knowledge-extraction techniques since 2005 in the mining sector is pleased to announce it will be providing it’s Artificial Intelligence Targeting Technology partnering with Guyana Goldstrike Inc (TSX-V: GYA) for it’s East Georgie Project. The East Georgie project is comprised of 10,840 hectares near Stewart, British Columbia in the prolific Golden Triangle region of British Columbia

Deal Terms:

  • Multi year service agreement for Windfall Geotek’s AI & Consulting services
  • Windfall Geotek will obtain an equity position and retain the right to purchase 1% NSR Royalty for $500,000 for any land claims where Windfall Geotek AI targets are generated

Property Details

  • East Georgie Project contains 69 mineral claims totaling 10,840 hectares
  • The property lies within an area extending north and northwest from a southern apex at the old mining camp of Anyox which hosts more than 1,000 mineral occurrences of dominantly precious metal vein type, with related skarn, porphyry and massive sulphide
  • Potential for Au, Ag, Cu, Mo, Pb, Zn mineralization
  • A series of geophysical surveys on the property have been conducted and interpretation reports received
  • Potential for Eskay Creek, Anyox and Granduc styles of mineralization
  • Historic Mineralization exists with ten Minfile Showings occurring on the Property

Simran Kamboj, President of Windfall Geotek commented: “We’re excited to work with Guyana Goldstrike to assist them in building a more effective exploration program using our industry leading data and AI technologies. Multi year deals like this allow Windfall Geotek to join in on the journey with our customers and use new data from exploration as it becomes available to continuously refine the target zones.”

Peter Berdusco, Chief Executive Officer of Guyana Goldstrike, commented: “Windfall Geotek’s AI technology has a 15-year track record of success and will be a significant exploration tool increasing our chance of early discovery while cutting time & costs. We are excited to work with Windfall Geotek on our East Georgie Project in British Columbia’s Golden Triangle.”

About Guyana Goldstrike Inc.

Guyana Goldstrike is a mineral exploration company engaged in the exploration of precious metal and base metal projects in North America. The company recently signed a definitive agreement to acquire a 100% purchase option on the East Georgie Polymetallic Project in the Golden Triangle, British Columbia. The project consists of 69 active mineral claims totalling 10,840 hectares (ha). It lies within an area extending north and northwest from a southern apex at the old mining camp of Anyox which hosts more than 1,000 mineral occurrences of dominantly precious metal vein type, with related skarn, porphyry and massive sulphide

Figure 1: Windfall Geotek AI Target Generation Process

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

Windfall is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining and to continue the Land Mine detection application as a high priority. Windfall has played a part in numerous past discoveries utilizing its methodology as described at: https://windfallgeotek.com/.

About Guyana Goldstrike Inc.

Guyana Goldstrike is a mineral exploration company engaged in the exploration of precious metal and base metal projects in North America. The company recently signed a definitive agreement to acquire a 100% purchase option on the East Georgie Polymetallic Project in the Golden Triangle, British Columbia. The project consists of 69 active mineral claims totalling 10,840 hectares (ha). It lies within an area extending north and northwest from a southern apex at the old mining camp of Anyox which hosts more than 1,000 mineral occurrences of dominantly precious metal vein type, with related skarn, porphyry and massive sulphide.

For further information, please contact:

Simran Kamboj

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 available under Windfall Geotek’s profile on SEDAR at www.sedar.com. Neither the TSX Venture Exchange nor does its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and using information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and they are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).