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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 Betteryear2on Jun 03, 2024 5:22pm
54 Views
Post# 36070068

RE:Exploits Announces Phase 3 Drilling Plans on Bullseye

RE:Exploits Announces Phase 3 Drilling Plans on Bullseye
  • The Company's VLF and magnetics ground geophysical surveys, combined with 2023's high-resolution LiDAR mapping (airborne Light Diffraction and Ranging), indicate a complex network of second-order splay structures exist within Bullseye; several appear to align on-trend with NFG's gold mineralization reported at Honeypot and Everest.
  • A well-established local drilling-services company, Trust Drilling Inc., has been contracted to perform the NQ-diameter coring operations.

Jeff Swinoga, President and CEO, comments, "We are looking forward to an exciting summer with the announcement of our newest drill program and more programs that will be announced in the near term. In just the last few months, we have received all the 3D seismic data from NFG on our Bullseye gold property and engaged HiSeis (a reputable seismic survey data consultant) for its analysis. We have also utilized televiewer down-hole survey data and analysis with DGI Geoscience on key drill holes that assisted in the design of our new drill program announced today. More positive results continue to be announced by NFG in four gold zones sitting in close proximity to our Bullseye project borders. This current drill campaign will primarily focus on testing the gold intercepts at our drill hole 028 as well as along the network of second-order splay structures reported at NFG's Honeypot and Everest."

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