Business
Exploits Discovery Commences Drilling at Bullseye Gold Target
Toronto, Ontario--(Newsfile Corp. - February 13, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased
About this update from Epic Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 13, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) (\"Exploits\" or the \"Company\") is pleased to announce that drilling has commenced at its Bullseye gold property in Central Newfoundland. The Company has contracted a diamond drill rig to conduct an initial 6,000 metre drill program consisting of approximately 15 drill holes. Exploits is excited to commence drilling at this highly prospective gold target that borders New Found Gold Corp.'s recent Lotto North and Lotto gold discoveries along the Appleton Fault Corridor. Highlights: Initial 6,000 metre drill program at Bullseye consists of approximately 15 drill holes, averaging 400 metres in depth Drilling will be a results-driven program focusing on the Appleton structure and related splay structures trending in both northwest and northeast directions Recent ground VLF / MAG survey indicates that the Appleton Fault Corridor transects the Bullseye property over a strike length of approximately 1.2 km Jeff Swinoga, President and CEO, commented, \"We are thrilled to kick off our drill program at Bullseye and we congratulate our exploration team for successful execution of our aggressive plan since staking this claim. We believe Bullseye is our most exciting gold target; the recent geophysical survey clearly shows the Appleton Fault extending right through the center of Bullseye. We are fortunate to have several reported gold discoveries neighbouring Bullseye and believe we have a strong exploration framework to make a significant gold discovery. Bullseye has the potential to be a game-changing catalyst for Exploits and the mining industry in Newfoundland.\" Figure 1: Map displays Bullseye property with Exploits' interpreted structures and VLF (In-Phase) data as background (blue colour indicates areas of lower-conductivity, pink colour indicates areas of higher-conductivity). Figure 2: Aerial image of Bullseye property looking south-west. Property boundary has been approximated from GIS and recent survey data and illustrations have been extrapolated based on observations of publicly available data. Figure 3: Exploits' exploration team at the Bullseye property with drill rig and staff from MCL Drilling. MCL is an experienced Newfoundland-based service company. Bullseye Property On Septembe...