FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “Exploits Receives Drill Permit for Schooner Prospect and Starts Airborne VTEM and Ground Magnetic Geophysical Surveys.”
Exploits Discovery Corp. (OTCQB: NFLDF) (CSE: NFLD) (FSE: 634-FF)(CNSX: NFLD.CN) is pleased to announce that it has received the drill permit for 3,000 metres of drilling at its 100% wholly owned Schooner gold project (the “project”) located in the Exploits Subzone, Newfoundland. The Company has also expanded its airborne VTEM survey in the southern projects, to include a second helicopter flying the northern projects focusing on the Appleton and Dog Bay Line Fault corridors.
Exploits Discovery is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company currently holds the Jonathan’s Pond, Dog Bay, Mt. Peyton, Middle Ridge, True Grit, Great Bend and Gazeebow projects which cumulatively cover an area of approximately 2,111 square kilometres.
All projects within Exploits’ portfolio lie within the Exploits Subzone.
Exploits believes that the Exploits Subzone, which runs 200 km from Dog Bay southwest to Bay d’Espoir, has been neglected since the last major exploration campaigns in the 1980s. The last 40 years have seen incremental advancements in the understanding of gold mineralization in the camp. The sum of this knowledge is now coming together in discrete and effective exploration models that have delivereddiscoveriessuch as New Found Gold’s 2019 discovery of 92.86 g/t Au over 19.0 metres near surface. The Exploits Subzone and GRUB regions have been the focus of major staking and financing throughout 2020, with increased exploration activities forecasted in the area moving into 2021.
For more information, please visit: Exploits Discovery Corp.
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