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Exploits Discovery Corp. Awards Diamond Drilling Contract for Five Gold Targets in the Exploits Subzone Gold Belt
Vancouver, British Columbia - TheNewswire - April 15th, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CNSX:NFLD.CN) (OTC:NFLDF) (FSE:634-FF) is
About this update from Epic Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - April 15th, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CNSX:NFLD.CN) (OTC:NFLDF) (FSE:634-FF) is pleased to announce that it has awarded its phase one 2021 diamond drilling program to Majors Contracting Ltd. of Deer Lake, Newfoundland. Highlights Exploits has signed a 7,500 metre drilling contract with the option to expand it to 13,500 metres. The company has been granted three of five drill permit applications including; Schooner, Little Joanna, and True Grit, and expects to receive the Quinlan Vein and Jonathan’s Pond permits shortly. (see map and summaries on the following page) Three of the five drilling targets host visible gold at surface with high grade assays up to 194 g/t Au. True Grit has grades of up to 16 g/t Au in outcrop and 30 g/t Au in float boulders with widespread low grade mineralization. The Schooner target was developed by Gold Spot's machine learning program which has a proven track record for discovery at the Keats Zone, located only 3.5 km to the east. Michael Collins, President & Chief Executive Officer of Exploits, commented: “The Exploits Team is very excited to begin our drill program in Newfoundland. In six short months we have developed five high priority drill targets, and continue to generate a pipeline of additional high quality drill targets. The targets are based on Goldspot’s machine learning process, field prospecting and geophysical testing of the large scale deep seated geophysical structures that are extremely important for the development of orogenic gold discovery in the Exploits Subzone.” Overview of Exploits First Five 2021 Drilling Targets Schooner 3.5 km west of New Found Gold’s Keats Zone is the Exploits’ Schooner prospect. This was the first high priority target identified by GoldSpot Discoveries. The Schooner Fault is parallel to the gold bearing Appleton Fault which hosts NFG’s Keats Zone. Drill targeting here is focused on a Schooner Fault splay, (where the fault splits in two), and two secondary fault intersections. Details about GoldSpot Discoveries targets at Schooner can be found: https://exploitsdiscovery.com/exploits-receives-first-goldspot-discoveries-corp-exploration-target/ Map of Drilling Permits and Application Locations Figure 1: Map of the Exploits Discovery claim boundaries with the loc...