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Exploits Discovery Corp C.NFLD

Alternate Symbol(s):  NFLDF

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

Comment by lifegoesonon Apr 19, 2021 4:36pm
129 Views
Post# 33023717

RE:I am somewhat disappointed that LAB,

RE:I am somewhat disappointed that LAB, Warlockkk..... why didn't LAB find visible gold in their first core... Here is the answer.... I am no geologist, but it comes down to the probability of a small core inside diameter of hitting something is very, very small. Look at it this way, if in a meter square there is one piece of visible gold, an NQ core has an inside diamater of 4.75 cm (from table below), the width of a metre is 100 cm, or 21 cores across the length of a meter, then 21 cores across the width of a meter, thus if the core was square (but we know it is round) there would be 441 cores required to sample the entire meter square (but since the core is round, it would be more than 441 cores). Thus the probability of drilling down from the surface and hitting that piece of gold is amazing low. To conclude, visible gold at the surface is a good indicator there is gold below. But also not to find visible gold below, doesn't mean the core inside does't have gold. And even without visible gold, fine grains often not visible to the naked eye could be there.... So I wouldn't worry about NFLD, this much money didn't go in if they didn't think something was there....
Tube sizes
Size Hole (outside) diameter, mm Core (inside) diameter, mm
NQ 75.7 47.6
HQ 96 63.5
HQ3 96 61.1
PQ 122.6 85

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