Exploits Discovery Corp. is pleased to announce its plans for the inaugural drilling campaign of the western flank of the Appleton Fault Zone at the Bullseye gold property . This program will also include a follow-up drill campaign at the Saddle Zone. Bullseye is strategically located immediately north of New Found Gold Corp.'s Queensway claims and encompasses a 1.2-kilometre segment of the AFZ. Within this segment [...]
Exploits Discovery Corp. is pleased to announce completion of a non-brokered private placement of 12,692,500 flow-through shares at a price of $0.08 per flow-through share for gross proceeds of $1,015,400 . In connection with the Offering, the Company paid to finders cash commissions totaling $25,344. All flow-through shares are subject to a four month hold period expiring January 28, 2025. An insider of the Company [...]
Exploits Discovery Corp. is pleased to announce a non-brokered private placement of up to 12,500,000 flow-through common shares at a price of $0.08 per FT Share for gross proceeds of up to $1 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 mining projects. Finder's [...]
Exploits Discovery Corp. is pleased to report assay results from the remaining three diamond drill holes recently completed at the Saddle Zone situated within the Company's Bullseye property. The Saddle Zone is in the vicinity of the Company's drill hole # BE-23-028, near the Appleton Fault Zone in Central Newfoundland. In 2023, Exploits' drilling program intersected several clusters of quartz veining within an 18 metre [...]
Exploits Discovery Corp. is pleased to report encouraging gold assays results from its recent diamond drilling campaign at the Saddle Zone situated within the Company's Bullseye property. The latest assay data, received and verified from six additional drill holes, confirms multiple gold intercepts exceeding 10 g/t Au, correlating with the presence of visible gold observed in the drill core. The Saddle Zone is in the [...]
Exploits Discovery Corp. is pleased to announce initial results from recent diamond drilling operations at the Company's Bullseye property, located along the Appleton Fault Zone in Central Newfoundland. Results from the initial three drill holes have been received with assay values of up to 254.08 g/t Au over 0.80 m. This newly discovered mineralized zone has been named the "Saddle Zone." The Saddle Zone is located in the [...]
Exploits Discovery Corp. is pleased to provide an update for its exploration programs on its properties in Central Newfoundland. Exploits is aggressively exploring at its key Bullseye and Gazeebow South sites, both located along the Appleton Fault Zone , adjacent to New Found Gold Corp. and Labrador Gold Corp. . Highlights: Exploits commenced NQ core drilling on the Bullseye claims earlier this week. The initial drill [...]
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 [...]