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Exploits Discovery (CSE:NFLD) outlines 2022 drilling program

Mining
CSE:NFLD
20 January 2022 14:45 (EDT)
Exploits Discovery - CEO, Jeff Swinoga (top left).

Source: Exploits Discovery.

Exploits (NFLD) has completed drilling at the Little Joanna Target as it readies for this year’s exploration program.

It drilled six holes over 921 m to test downdip extensions of surface veins containing visible gold and structural intersections identified by Goldspot Discoveries.

Five surface samples in the area returned up to 194 g/t gold.

The company interprets the target to be open in all directions.

It will resume drilling after analyzing assay results from its 13,500 m 2021 drilling program.

Targets for its 2022 exploration program will incorporate all 2021 results, historical results and information from recent discoveries in the Exploits Sub-zone.

It will also execute infill geophysics, as well as soil and till sampling in underexplored areas.

Geophysical interpretation alongside Goldspot Discoveries should enable the company to see fault structures controlling mineralization.

Exploits Discovery is focused on the acquisition and development of mineral projects in Newfoundland.

Exploits (NFLD) is down by 4.26 per cent trading at $0.45 per share as of 1:34 pm EST.

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