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Bullboard - Stock Discussion Forum 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... see more

CSE:NFLD - Post Discussion

Exploits Discovery Corp > Exploits ! Televiewer Downhole Survey at Bullseye
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Post by knoxt on May 08, 2024 8:52am

Exploits ! Televiewer Downhole Survey at Bullseye

Exploits Commences Optical Televiewer Downhole Survey at Bullseye Property
Newsfile Corp - May 08, 2024 9:33 AM ADT

Toronto, Ontario--(Newsfile Corp. - May 8, 2024) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to announce that it has engaged DGI Geoscience Inc. ("DGI") to complete an optical televiewer downhole survey on approximately a dozen previously drilled holes at theExploits Commences Optical Televiewer Downhole Survey at Bullseye Property

Newsfile Corp - May 08, 2024 9:33 AM ADT

Toronto, Ontario--(Newsfile Corp. - May 8, 2024) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to announce that it has engaged DGI Geoscience Inc. ("DGI") to complete an optical televiewer downhole survey on approximately a dozen previously drilled holes at the Bullseye exploration property in Central Newfoundland. The purpose is to further refine the 3D orientation of the Company's new drill targets at Bullseye for the 2024 phase II drill program. The Company plans to release further details of the upcoming drill program upon receipt of interpretation of the televiewer survey.

Jeff Swinoga, President and Chief Executive Officer, commented, "The results of DGI's optical televiewer downhole survey will assist orientation of our future drilling programs at Bullseye. Our team has prioritized numerous drilling targets, and this survey should provide more directional accuracy of the local gold zones such as our 2023 Horseshoe gold discovery."

Chris Drielsma, President and Chief Executive Officer of DGI, commented, "DGI's experienced geoscientists will work closely with the Exploits team to provide critical orientation information on potential structural controls. Televiewers provide digital oriented core, allowing for geological features to be visualized in-situ and their true orientations determined. Results are available in near real time and are a cost effective and technically superior to traditional oriented core."

Televiewer Overview

Televiewers produce oriented images downhole, allowing measurement of both planar and linear structural features in situ. Orientation is accurate and consistent, and televiewer can be used in any hole, including core, non-core, historic holes, wells, utility lines, etc. Data can be visualized as 3D "virtual core" or as 2D "unwrapped core," and structures can be measured very quickly on a computer. Data is catalogued automatically, ready to import into 3D modelling programs. Common features analyzed include veins, contacts, bedding/foliation, fractures/joints, faults, fold limbs and hinges.

 

Figure 1: Property-scale map displaying locations of Exploits 2023-2024 drill holes - many of which will be visited and surveyed by the DGI technicians over the next few weeks.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/6393/208363_ed9dce859434eb85_002full.jpg exploration property in Central Newfoundland. The purpose is to further refine the 3D orientation of the Company's new drill targets at Bullseye for the 2024 phase II drill program. The Company plans to release further details of the upcoming drill program upon receipt of interpretation of the televiewer survey.

Jeff Swinoga, President and Chief Executive Officer, commented, "The results of DGI's optical televiewer downhole survey will assist orientation of our future drilling programs at Bullseye. Our team has prioritized numerous drilling targets, and this survey should provide more directional accuracy of the local gold zones such as our 2023 Horseshoe gold discovery."

Chris Drielsma, President and Chief Executive Officer of DGI, commented, "DGI's experienced geoscientists will work closely with the Exploits team to provide critical orientation information on potential structural controls. Televiewers provide digital oriented core, allowing for geological features to be visualized in-situ and their true orientations determined. Results are available in near real time and are a cost effective and technically superior to traditional oriented core."

Televiewer Overview

Televiewers produce oriented images downhole, allowing measurement of both planar and linear structural features in situ. Orientation is accurate and consistent, and televiewer can be used in any hole, including core, non-core, historic holes, wells, utility lines, etc. Data can be visualized as 3D "virtual core" or as 2D "unwrapped core," and structures can be measured very quickly on a computer. Data is catalogued automatically, ready to import into 3D modelling programs. Common features analyzed include veins, contacts, bedding/foliation, fractures/joints, faults, fold limbs and hinges.

 

Figure 1: Property-scale map displaying locations of Exploits 2023-2024 drill holes - many of which will be visited and surveyed by the DGI technicians over the next few weeks.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6393/208363_ed9dce859434eb85_002full.jpg

Comment by moneywinner1 on May 08, 2024 11:20am
Drop on todays  news is not good for the company 
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