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Exploits Discovery Corp NFLDF


Primary Symbol: C.NFLD

Exploits Discovery Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The Company is focused on discovering high-grade structurally hosted epizonal gold. Its exploration and evaluation properties include Middle Ridge Property, Great Bend Property, True Grit Property, Mount Peyton Property, Gazeebow Property, Dog Bay Property, Jonathan’s Pond Property, and others. The Middle Ridge property consists of about 1,536 mineral claims covering an area of approximately 384 square kilometers. The Great Bend Property consists of about 1,800 mineral claims encompassing a land area of 450 square kilometers. The True Grit property consists of about 1,030 mineral claims covering approximately 258 square kilometers. The Mount Peyton property consists of about 722 mineral claims and encompasses a land area of 181 square kilometers. The Gazeebow property consists of about 603 mineral claims.


CSE:NFLD - Post by User

Post by lifegoesonon Jun 30, 2021 9:11am
121 Views
Post# 33472293

New Found drills 5.25 m of 430.2 g/t Au at Queensway

New Found drills 5.25 m of 430.2 g/t Au at QueenswayNice hole.... with 10 rigs to be drilling, who knows what they will find...

Highlights

  • Highlight intervals are summarized below. Additional results are provided in Table 2.
  • The intercept of 430.2 g/t Au over 5.25m in hole NFGC-21-241 represents a grade x width ("metal factor") value of 2,258 g/t Au x meters**, the second highest value encountered to date on the Queensway project. Furthermore, over 700 grains of gold were observed in this 5.25m intercept, representing the most per meter seen to date anywhere at the Queensway Project.
  • The new Golden Joint discovery occurs in two to three sub parallel vein systems located approximately 1km North of the Keats Zone and 850m South of the Lotto Zone (see Figures 1, 2, and 3).
  • Results from the parallel Golden Joint HW (hanging wall) zone approximately 150m east of the main Golden Joint Zone also returned several significant intervals often including visible gold mineralization, including 12.7 g/t Au over 2.0m in hole NFGC-21-199 (see Figure 2). Drilling will step out on these intervals to further test the Golden Joint HW Zone. Note that the Golden Joint HW intervals are not plotted on Figure1.
  • Currently two drills rigs are operating at Golden Joint, focused on stepping out from discovery hole NFGC-21-241. Additional assays are pending.


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