• Exploits (NFLD) has intercepted near-surface visible gold averaging 12.55 g/t Au over 3.5 m at its Bullseye Property
  • The finding stems from an assay of BE-23-005, which includes 68.39 g/t Au from a 0.45 m sample, and encountered gold 100 m below surface
  • Visible gold grains are present in assay results from 3-of-6 drill holes reported to date
  • President and CEO, Jeff Swinoga, spoke with Simon Druker about the news
  • Exploits Discovery is a Canadian mineral exploration company focused on projects in Newfoundland and Labrador
  • Exploits Discovery (NFLD) is unchanged trading at $0.24 per share

Exploits (NFLD) has intercepted near-surface visible gold averaging 12.55 g/t Au over 3.5 m at its Bullseye Property.

The finding stems from an assay of BE-23-005, which includes 68.39 g/t Au from a 0.45 m sample, and reached a vertical depth of 20 m below surface. The hole also yielded 2.61 g/t Au over 1.15 m at a vertical depth of 100 m below surface.

BE-23-005 is only 45 m away from the 14.2 gram intercept reported in the first hole drilled at Bullseye.

Visible gold grains are present in assay results from 3-of-6 drill holes reported to date in close proximity to the Appleton Fault Zone.

Bullseye, in Central Newfoundland, borders New Found Gold’s recent gold discoveries along the Appleton Fault Corridor. 

The ongoing program seeks to determine the potential for high-grade gold along Exploits’ 1.2 km segment of the Appleton Fault Zone.

President and CEO, Jeff Swinoga, spoke with Simon Druker about the news.

NQ core from hole BE-23-005 showing the distribution of fine visible gold observed at 27.50 m downhole depth.

Selected assays from Bullseye drilling 

Exploits Discovery is a Canadian mineral exploration company focused on projects in Newfoundland and Labrador.

Exploits Discovery (NFLD) is unchanged trading at $0.24 per share.

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