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 [...]
Exploits Discovery Corp. is pleased to announce the results from airborne LiDAR and magnetics surveys flown over its large 100%-owned Gazeebow South claims that straddle the Appleton Fault Zone system in Central Newfoundland. Highlights Include: Identified a complex network of structural disruptions and braided splays along the Appleton Fault Zone. The local bedrock's deformation levels and trends indicated by these [...]
Exploits Discovery Corp. is pleased to announce early 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 pristine grains in these samples indicates a short transport distance and confirms the potential that the Appleton Fault Zone and related splays are a local source of gold [...]
Exploits Discovery Corp. is pleased to announce the assay results from the final hole completed during Phase-1 exploration drilling on its 100%-owned Bullseye property located along the Appleton Fault Zone in central Newfoundland. Highlights Include: BE-23-030 encountered several concentrations of quartz veining over its 502 metre length, generating a 46.12 g/t Au assay value from a 0.40 metre core sample. Several fine [...]
Exploits Discovery Corp. is pleased to announce assay results from diamond drill holes BE-23-018 and BE-23-020 to 029 on its 100% owned Bullseye property located along the Appleton Fault Zone located approximately 200 metres east of New Found Gold's recently reported high-grade intercepts at its Everest gold zone in central Newfoundland. Highlights Include: BE-23-028 encountered several clusters of quartz veining over [...]
Exploits Discovery Corp. is pleased to announce the start of its 2023 sampling program at Gazeebow South in central Newfoundland. This program will be composed of 58 samples collected on a 500 x 500 metre grid pattern covering an approximately five-kilometre-long segment of the interpreted Appleton Fault Zone that transects this property. The till sampling program is a regionally-successful method to determine the [...]
Exploits Discovery Corp. is pleased to announce commencement of an airborne LiDAR and a magnetics survey that will cover the Company's prospective Gazeebow South and Glenwood mineral licenses within the Gander-Appleton region. These helicopter-mounted surveys will provide high-resolution geological information over these under-explored areas covering approximately 120 km2 of the parallel Appleton and Dog Bay faults [...]