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Exploits Discovery Commences Drilling at Jonathan's Pond, and Provides Mid-Season Exploration Update
Vancouver, British Columbia - TheNewswire – August 26, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE:NFLD) (OTC:NFLDF) (FSE:634-FF) (CNSX:N
About this update from Epic Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire – August 26, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE:NFLD) (OTC:NFLDF) (FSE:634-FF) (CNSX:NFLD.CN) is pleased to announce that drilling has commenced at the Jonathan’s Pond project. In addition, its regional exploration program across the Mount Peyton, Dog Bay and True Grit Projects has been expanded and accelerated. Highlights Jonathan’s Pond drilling has commenced to test the large vein system with historic 700 g/t Au grab samples containing visible gold. GoldSpot Discoveries (TSXV: SPOT) and our geologic team are taking advantage of the new high-resolution geophysics, and existing geochemical data to pinpoint additional targets and areas of interest for the continuing drill program at Jonathan’s Pond. Multiple field crews have been mobilized and are engaged in prospecting and soil & rock sampling at the Mount Peyton, Dog Bay, and True Grit projects. The current soil sampling program will exceed 1800 samples. Schooner North drilling intersected numerous areas of interest with quartz carbonate veining and sulphide mineralization encountered within the fine grained siltstone. Following completion of first round drilling at Jonathan’s Pond, drilling is scheduled to move to Schooner South for follow up drilling. Completed first phase drilling at Quinlan Veins has encountered sporadic quartz veins. A total of 2,235m was drilled across 13 holes with depths ranging from 49m to 310m. William M. Sheriff, Interim President & Chief Executive Officer of Exploits, commented “The initial round of drilling at our first two projects is complete and we await assay results from the veined intercepts encountered in a number of the holes. These results are anticipated by early October. With the drilling completed to date on our first two projects, plus current drilling at Jonathan’s Pond, we are well positioned to complete the initial testing of our five priority targets this year – including follow up drilling at Schooner.” Figure 1: Drill set up at Jonathan’s Pond About Jonathan’s Pond Jonathan’s Pond is a 100% Exploits owned gold Project located along Highway 330, 17 kilometres north of Gander, Newfoundland. Situated along the Gander River Ultramafic Belt (GRUB) Line Fault Zone, the Project hosts gold in heavy mineral concentrate (HMC) till anomalies with ...