Exploits Begins Drill Program At Quinlan Veins Prospect

Exploits Discovery (CSE: NFLD) this morning announced that it has completed the first of its drilling for the 2021 exploration season. The company has completed the drill program slated for the Schooner Prospect, with the drill now moving to the Quinlan Veins Prospect.

A total of seven drill holes were completed at Schooner over a total of 2,400 metres in aggregate. Reportedly, the program successfully intersected both the primary and secondary structures that were targeted by the program, with logging and sampling now underway. Assays are slated to be released in six to eight weeks.

Following the completion of the Schooner drill program, the drill has now been moved to the Quinlan Veins prospect where a 2,400 metre program of nine drill holes has been planned. Classified as Phase 1, a second phase drill program is targeted to get underway following the analysis of Phase 1 results. Drilling here is focused on a secondary fault that contains visible gold, with the structure similar to that of where New Found Gold’s Lotto and Keats discoveries were made.

“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.”

William Sheriff, Interim CEO

Exploits Discovery last traded at $1.11 on the CSE.


FULL DISCLOSURE: Exploits Discovery Corp is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover Exploits Discovery Corp on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

GMV Minerals: A Step Closer to Mining Gold in Arizona

GMV Minerals Inc (TSXV:GMV) is a Vancouver-based junior gold exploration company that is developing its...

Sunday, December 13, 2020, 09:00:00 AM

Frank Holmes: The Rising Tide Of Commodities – The Daily Dive

For this weeks final episode of The Daily Dive, we’re joined by Frank Holmes, CEO...

Friday, January 29, 2021, 02:35:37 PM

Monarch Mining Releases Updated Resource Estimate For McKenzie Break

Monarch Mining (TSX: GBAR) this morning released an update mineral resource estimate for its McKenzie...

Monday, February 8, 2021, 08:23:50 AM

Chinese Mining Giant Opens Gold, Copper Fund to Hong Kong Investors

Chinese mining conglomerate Zijin Mining Group opened its gold and copper investment fund to professional...

Friday, May 23, 2025, 07:37:40 AM

Patagonia Gold Acquires Two Argentinian Properties From Mirasol Resources

Mirasol Resources (TSXV: MRZ) has sold off certain of its Argentinian properties to that of...

Monday, April 19, 2021, 07:47:59 AM