Thursday, July 3, 2025

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

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

Gold Leasing as Geopolitical Collateral

Spot gold is holding around US$3,274, edging 2.9% lower on the week yet still about...

Sunday, June 29, 2025, 07:32:00 AM

Gold Terra Begins 10,000 Metre Drill Program At Yellowknife City Gold Project

Gold Terra Resource Corp (TSXV: YGT) this morning announced that it has begun a 10,000...

Monday, August 17, 2020, 09:24:07 AM

New Found Gold Reports Partial Step Out Assays At Keats

New Found Gold (TSXV: NFG) this morning released partial drill results from four drill holes...

Monday, January 11, 2021, 08:38:03 AM

New Found Gold Executives Exercise $5.25 Million Worth Of Options

New Found Gold (TSXV: NFG) this morning issued a release touting insider transactions for the...

Monday, January 4, 2021, 09:44:18 AM

Monterey Minerals, Drill Ready and Elephant Hunting

With spot gold now trading over USD $1700 an ounce, it definitely seems a good...

Sunday, May 10, 2020, 12:20:13 PM