Exploits Kicks off Diamond Drill Program at Its Fenton Gold Project
Program targets known high-grade mineralization and strongest EM, structural zones
Toronto, Ontario--(Newsfile Corp. - January 13, 2026) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits" or the "Company") has delivered on its first key milestone of 2026: diamond drills are turning at the 100%-optioned Fenton gold project near Chapais, Québec. The goal of the fully-permitted program is to expand the known gold mineralization along strike and at depth.
"This is an important step in executing our Québec growth strategy of growing our gold ounces," said Jeff Swinoga, CEO and President of Exploits. "We believe the market is not reflecting our underlying value, as on a pro forma basis we are trading approximately at cash, before ascribing meaningful value to our gold assets and near-term catalysts."
The winter drill campaign is designed to:
- follow up on known high grade mineralization
- evaluate several strong electro-magnetic conductors and magnetic corridors interpreted to represent sulphide-rich horizons and/or structurally controlled zones prospective for high-grade mineralization.
The program is structured as an initial ~1,400 m "priority phase," with the broader winter campaign expected to total approximately 3,000 to 5,000 m, subject to results and field conditions. The initial holes will:
- follow-up on historical high-grade gold mineralization and down-plunge extensions (including 356 g/t gold over 0.6 m (Gagnon, 2018-see references, below)),
- test priority geophysical and structural targets with expansion potential along strike and at depth.
Figure 1: Fenton Project - Overview Map Showing Target Areas
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6393/280208_8763a03104fe4842_001 ...
Fenton Project overview and recent work
The Fenton Project comprises 18 contiguous claims totaling approximately 760.7 hectares. Exploits holds an option to acquire a 100% interest from Cartier Resources Inc., subject to the underlying
agreement terms and existing royalties.
Geologically, the Fenton system occurs in the Abitibi Greenstone Belt along the Guercheville Deformation Zone, a regional structural corridor in the Chibougamau-Chapais area known to host gold mineralization.
As previously disclosed by Exploits Discovery Corp. on December 16, 2025 (see references, below), Phase 1 work at Fenton included mapping, trench/outcrop review, and sampling that confirmed sulphide-hosted gold mineralization at surface, with grab samples reporting assays up to 48.4 g/t gold, and a subsequent review/resampling of historic core confirming high-grade gold in key intervals (including 49.0 g/t gold over 0.51 m (gravimetric)) within a previously reported high-grade zone.

