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Exploits Discovery Receives Drill Permits for the Little Joanna Vein Prospect, Dog Bay, Newfoundland
Vancouver, British Columbia - TheNewswire - April 13th, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE:NFLD) (OTC:NFLDF) (FSE:634-FF) (CNSX:
About this update from Epic Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - April 13th, 2021 - Exploits Discovery Corp. (“Exploits” or the “Company”) (CSE:NFLD) (OTC:NFLDF) (FSE:634-FF) (CNSX:NFLD.CN) is pleased to announce that the Company has received full permitting from the Newfoundland and Labrador Government for drilling the Little Joanna Vein prospect within the Dog Bay Gold Project (the “Project”), Newfoundland. Highlights Exploits has received diamond drilling permits for nine holes totaling ~2,250 metres at the Little Joanna Vein prospect at the Project. The drill program will focus on intersecting mineralization in the subsurface coinciding with high grade visible gold at surface (up to 194 g/t Au) in quartz veins and associated fault structures identified through analysis of geophysical data. The Company is fully funded for its 12,000m spring and summer drill programs and has received drill permits for three targets, True Grit, Schooner, and the Little Jonna prospect, with two applications pending for the Quinlan Vein prospect and Jonathan’s Pond project. Michael Collins, President and Chief Executive Officer of Exploits, commented: “Exploits continues to deliver drill permit approvals on high priority targets that we have developed in the Exploits Subzone Gold Belt. I am impressed with our team's ability to generate these gold targets so quickly and look forward to getting a drill turning quickly this spring.” About 2021 Diamond Drilling Exploits has identified discrete drill targets at the Little Joanna Vein prospect within its Project and has received drill permits for nine holes (~2,250m). To date, the Company has now received three drill permits, including True Grit, Schooner, and Little Joanna (Figure 1), totaling 33 holes (8,000 metres). The drill holes at Little Joanna will target quartz veins with abundant fine and coarse visible gold that are situated structurally within a secondary fault highlighted by GoldSport Discoveries’ geophysical analysis of regional airborne magnetic geophysics to be associated with, and sub-parallel to, the interpreted Dog Bay Line Fault Zone (Figure 2). The Little Joanna quartz veins have been exposed for up to 20 metres along strike before diving under thick overburden at both ends and are 20-50 cm wide massive quartz. These veins occur across a width of 20m perpendicular to the strike. 16 samples from ...