Exploits Discovery Corp. is pleased to announce its plans for a follow-up drill campaign on an area of encouraging gold assays from drill hole 28 at the Bullseye exploration property in Central Newfoundland. Bullseye overlies a 1.2 kilometre segment of the Appleton Fault system immediately adjacent to New Found Gold Corp.'s Queensway claims. The Bullseye property is 100%-owned and fully permitted to drill throughout 2024 [...]
Exploits Discovery Corp. is pleased to announce that it has engaged DGI Geoscience Inc. 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 [...]
Exploits Discovery Corp. is pleased to announce that it has engaged HiSeis, an industry leader in hard rock seismic surveys, for the interpretation of the seismic dataset on its Bullseye gold property in Central Newfoundland. This data was provided by the Company's neighbour, New Found Gold Corp. , in March 2024 in exchange for permissions to extend their survey lines through the Bullseye claims. NFG's aggressive 3D [...]
Exploits Discovery Corp. is pleased to announce that it is in receipt of the seismic dataset on its Bullseye gold property completed in late 2023 by New Found Gold Corp. . This was the first survey of its kind to be conducted on the island of Newfoundland and one of the first in North America. NFG's entire seismic program covered 47km2 of their Queensway North project area and was conducted by HiSeis, an industry leader [...]
Exploits Discovery Corp. is pleased to announce it has identified four new exploration target areas proximal to the Appleton Fault structure which transects its Bullseye gold property, located in Central Newfoundland. The Company is also releasing its drilling results from an initial, 12-hole program, testing the potential strike extension of New Found Gold Corp.'s Jackpot gold zone announced in 2023. Highlights: Four new [...]
Exploits Discovery Corp. is pleased to announce further results from its till sampling program recently conducted on its 100% owned Gazeebow South property located along the Appleton Fault Zone in Central Newfoundland. The elevated number of gold grains from this expanded program highlights the potential for the northern Appleton Fault Zone and related splays to be a source of gold mineralization on the Gazeebow South [...]
Exploits Discovery Corp. is pleased to announce that diamond drilling operations have commenced on its Bullseye gold property located within the Appleton Fault exploration trend near Gander, Newfoundland, Canada. Highlights: Drilling will be a results-driven program focused on the potential strike extension of the high-grade Jackpot gold discovery publicized by New Found Gold Corp. throughout the second half of 2023 [...]
Exploits Discovery Corp. is pleased to announce that it has completed the final tranche of a non-brokered private placement for gross proceeds of $544,633. The Company issued 4,951,209 flow-through common shares at a price of $0.11 per FT Share. The net proceeds received from the Offering will be used to incur eligible "Canadian exploration expenses" that are "flow-through mining expenditures" ) related to the Company's [...]
Exploits Discovery Corp. announces that, further to its news releases of October 25th and November 8th, 2023, it has increased the previously announced financing from $2,000,000 to $2,344,629 and will issue up to 21,314,809 flow through common shares at a price of $0.11 per FT Share . The gross proceeds received by the Company from the Offering will be used to incur eligible "Canadian exploration expenses" that are [...]
Exploits Discovery Corp. is pleased to announce its plan to commence drilling at Bullseye's fully-permitted, 100%-owned, southern claims located along the Appleton Fault Zone in Central Newfoundland early in 2024. Highlights Include: Drilling plans are underway to test the eastern strike potential of the high-grade "Jackpot" gold zones recently reported by New Found Gold Corp. on their claims bordering the southern [...]
Exploits Discovery Corp. is pleased to announce that it has completed the first tranche of a non-brokered private placement for gross proceeds of $1,799,996. In connection with closing of the first tranche, the Company issued 16,363,600 flow-through common shares at a price of $0.11 per FT Share. The gross proceeds received by the Company from the Offering will be used to incur eligible "Canadian exploration expenses [...]
Exploits Discovery Corp. is pleased to announce that it will conduct a non-brokered private placement of up to 18,181,818 flow-through common shares at a price of $0.11 per FT Share for gross proceeds of up to $2.0 million. The gross proceeds received by the Company from the Offering will be used to incur eligible "Canadian exploration expenses" that are "flow-through mining expenditures" ) related to the Company's [...]