Exploits Discovery Corp.

CEO Current Status: On-Site - out in the field! ⛏️

Gold Price Current Status: 4,074.70 USD per ounce 🔥

News Release:

Exploits Launches High-Resolution Detailed Geophysics at Québec Gold Projects

Jeff Swinoga, President and CEO, comments: "We are excited to launch these high-resolution surveys at our Fenton and Wilson projects, which together with our field work will ultimately lead to drilling programs on these gold projects. The surveys are designed to map structural controls on gold mineralization and highlight new, high-priority drill targets across both properties. The results will greatly benefit our anticipated upcoming winter drilling programs, where we aim to expand known resources and test new zones of gold mineralization. With the recent announced sale of our Newfoundland properties to New Found Gold Corp. for up to 3,547,100 shares at 2.48 per share (for up to approximately $8.8 million), Exploits will have over $10 million in cash and cash equivalents and no debt to aggressively advance our projects."

Highlights include:

Fenton Project
~ DDH 1354-17-17: 0.9 g/t Au over 32.6 m from 405.6 m, including 12.1 g/t Au over 1.0 m (SOQUEM, 2018)
~ DDH 1354-17-17: 3.4 g/t Au over 20.0 m from 556.0 m, including 29.6 g/t Au over 2.0 m (SOQUEM, 2018)
~ DDH 1354-17-24: 1.1 g/t Au over 11.0 m from 660.0 m, including 8.2 g/t Au over 1.0 m (SOQUEM, 2018)

Wilson Project
~ DDH HMW 21-09: 13.11 g/t Au over 3.0 m from 121.0 m, including 38.0 g/t Au over 1.0 m (Yordanov, 2022)
~ DDH HMW 21-08: 11.25 g/t Au over 3.0 metres from 104.0 m, including 30.9 g/t Au over 1.0 m (Yordanov, 2022)
~ DDH WL17-15: 6.8 g/t Au over 4.0 m, including 16.1 g/t Au over 1.0 m (Cartier, 2017)
~ DDH WL17-05: 24.8 g/t Au over 1.0 m and 5.0 g/t Au over 3.0 m; including 14.1 g/t Au over 1.0 m (Cartier, 2017)

https://www.exploitsdiscovery.com/news/exploits-launches-high-resolution-detailed-geophysics-at-quebec-gold-projects