Business
Exploits Discovery Announces New Gold Discovery at Bullseye with High-Grade Result Averaging 38.21 g/t over 2.80 m
Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to
About this update from Epic Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) (\"Exploits\" or the \"Company\") is pleased to announce assay results from four recent diamond drill holes at the newly discovered \"Horseshoe\" Gold Zone on its 100% owned Bullseye property along the Appleton Fault Zone (\"AFZ\"). Of note, 55 grains of visible gold were observed within a network of quartz veins in drill hole BE-23-019, located approximately 450 metres north of New Found Gold's recently reported high-grade intercepts at Everest in central Newfoundland. Horseshoe Gold Zone Highlights: BE-23-019 intersected 38.21 g/t Au over 2.80 m core-length, located at a vertical depth of approximately 145 m below surface, where 55 grains of visible gold were noted within a network of quartz veins. Including 118.92 g/t Au contribution from a 0.85 m sample. BE-23-015 intersected 4.65 g/t Au over 2.00 m core-length, located at a vertical depth of approximately 166 m below surface. Including 8.90 g/t Au contribution from a 0.80 m sample. Horseshoe Gold Zone remains open in all directions. Diamond drilling totaling 11,292 m has been safely and cost-effectively completed over the 30-hole first phase evaluation at Bullseye. Assay results from 18 of the 30 drill holes have been received and publicly reported to date. The results from the 12 remaining drill holes are pending. Jeff Swinoga, President and CEO, comments, \"We are thrilled to announce our first gold discovery called Horseshoe on our Bullseye property. Our first phase of drilling so far has intercepted visible gold in a half-dozen drill holes and generated several high-grade intercepts up to 118.92 g/t Au. Consistent with the high-grade intercepts that our peers are reporting just south of Bullseye, our geologists are seeing mineralization within a complex network of multi-stage quartz veins. I am very proud of our local team's accomplishments during the first phase of our drilling campaign.\" Figure 1: Plan map displays Exploits' Bullseye property with locations of drill holes including BE-23-015 to BE-23-017 and BE-23-019 shown within yellow dashed box. Figure 2: Plan map showing Exploits' assay results from the 2023 diamond drilling program at Bullseye. Figure 3: Cross-section of the Horseshoe gold mineralized zone. Horseshoe Interpretation: Mineralizatio...