Newfoundland Discovery Corp.

Newfoundland Discovery Corp. is pleased to announce that the Company has entered into a binding letter of intent whereby the Company has granted Mining Equities Pty Ltd. , an Australian company, the right to acquire a 100% interest in the Chubb Lithium Property, consisting of thirty-five mineral claims comprising approximately 1,509 hectares, located in Quebec, Canada ; Under the terms of the LOI, Mining Equities may [...]

Newfoundland Discovery Corp. is pleased to announce that the Company has entered into a purchase agreement for a 100% interest in the Robinson's Salt Property on the southwestern coast of Newfoundland, Canada. Figure 1: Robinson's Salt Property Map in St. George's Bay, Newfoundland To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/7129/138399_f2a075b644a649e4_002full.jpg [...]

Newfoundland Discovery Corp. is pleased to announce that it has entered into a property option agreement with Prospector Metals Corp. in which the Company may earn up to a 100% interest in the Schefferville Gold Project, which consists of the Sable and Hamard Blocks . Figure 1. Property location map of the Schefferville Gold Project displaying Mineralized Prospect Areas, Magnetics and Geology within the Schefferville [...]

Newfoundland Discovery Corp. is pleased to announce the appointment of Mr. Brandon Schwabe as its Chief Financial Officer of the Company. About Incoming CFO Mr. Brandon Schwabe, CPA, CGA, has provided management consulting and corporate finance services to public and private companies for twelve years. He is a Chartered Professional Accountant and has a Bachelor of Technology in Accounting degree with distinction from the [...]

Newfoundland Discovery Corp. is pleased to announce the appointment of Mr. Jeremy Prinsen as President, Chief Executive Officer, and a Director of the Company. Outgoing President & CEO, Blair Naughty, comments: "I have enjoyed leading Newfoundland Discovery where we successfully assembled several highly prospective properties in both Quebec and Newfoundland. Many of these properties have been held tightly by prospectors [...]

Newfoundland Discovery Corp. is pleased to provide updates from its 100%-owned Chubb and Bouvier Lithium projects and its Fenelon Gold project package all located in Quebec, Canada. Chubb & Bouvier Lithium Properties Both the Chubb and Bouvier Lithium projects are hosted within the La Corne pegmatite field 35 km north of Val d'Or, Quebec. The La Corne Pegmatite field is home to Sayona Mining's North American Lithium [...]

Newfoundland Discovery Corp. today provided an update on the first phase of exploration on the Bursey Property in Newfoundland. The Bursey Property consists of 183 claims covering 4,576 hectares in the Central Newfoundland Gold Belt. PROJECT UPDATE Newfoundland Discovery is currently undertaking its first phase exploratory program on the Property with prospecting, geological mapping, soil sampling, and ground geophysics [...]

Newfoundland Discovery Corp. announces the completion of its Phase One Exploration Program at its Rodger's Cove Property in Newfoundland, Canada. SCOPE AND FUTURE ACTION The initial phase field work comprised geological mapping, soil sampling, and prospecting throughout the Property. Exploration included the collection of 6,793 Horizon B soil samples and 336 bedrock and sub-crop grab samples . Numerous rock grab samples [...]

Newfoundland Discovery Corp. is pleased to announce that the Company has expanded its Phase 2 Drilling Program at the Chubb Lithium project in Quebec from 5,000 metres to 10,000 metres of diamond drilling. As mentioned in its September 10, 2021, news release, the Company has planned to follow-up its successful Spring 2021 Phase 1 drill program as soon as the ground had frozen. All drilling permits have been obtained and [...]

Newfoundland Discovery Corp. is pleased to announce that it has closed the first $778,000 tranche of its previously announced $1.5 million non-brokered private placement, which includes a $500,000 lead order from Mr. Eric Sprott. In its first tranche, Newfoundland Discovery issued 1,895,000 non-flow-through units at a price of $0.40 per unit and 40,000 flow-through units at a price of $0.50 per unit. Each non-flow-through [...]