Business
Exploits Discovery Moves Drill to the Quinlan Veins Prospect, Dog Bay
Vancouver, British Columbia – TheNewswire - June 29th, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634-FF) is
About this update from Epic Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - June 29th, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634-FF) is pleased to announce that Phase I drilling has been completed at the Schooner Prospect, (“Schooner”) and that Phase I drilling is to start immediately at the Quinlan Veins Prospect (the “QV Prospect”), located at Exploits’ Dog Bay Project (the”Project”) in the Exploits Subzone Gold Belt, Newfoundland. Highlights Phase I drilling at Schooner has been successfully completed for a total of 2,400m in 7 drill holes. Schooner drilling successfully intersected the primary and secondary structures defined through geophysical targeting by GoldSpot Discoveries. logging and sampling of the Schooner drilling is underway and expected to be complete shortly, with initial assay results expected in six to eight weeks. Phase I diamond drilling has commenced at the QV Prospect for a planned total of 2,400m over nine holes, with a Phase II program planned on receipt and analysis of Phase I program results. The QV Prospect drilling program’s initial focus is to test a visible gold (up to 61 g/t Au) bearing secondary fault associated with the Appleton Fault and Dog Bay Line. The fault is a known gold bearing, deep seated fault that is closely associated with the secondary faults that host New Found Gold’s Keats, Lotto and Knob Zone gold discoveries. Preparation work on the QV Prospect has exposed the veins across 200m of strike length to the south, with mapping and sampling still ongoing. William M. Sheriff, Interim President & Chief Executive Officer of Exploits, commented: “We are really pleased with the drill core we are seeing at Schooner and are looking forward to getting assay results, and returning for a Phase II program there later this summer. Quinlan Veins is one of our highest priority targets, with high grade visible gold outcropping at surface. We look forward to testing multiple intersecting structures at Quinlan, a number of which have visible gold in outcrop. This is only the second of five permitted targets we have slated for drilling along prominent structures in Newfoundland during the current campaign.” About the Quinlan Veins Prospect The Quinlan Veins Prospect is located on a secondary structure splaying off the Appleton Fault Zone. There are multiple 50-70 centimetr...