Tuesday, October 7, 2025

Latest

Exploits Discovery Acquires 17 Kilometres Of Strike At Dog Bay Project

Exploits Discovery Corp (CSE: NFLD) this morning announced that it has acquired a series of four claim blocks located in the Port Albert Peninsula, Dog Bag, Newfoundland. The blocks cover a total of 192.5 square kilometres, significantly increasing the size of Dog Bay Gold Project, which now encompasses 21 kilometres of strike along the Dog Bag / Appleton fault.

More specifically, the acquisition brings an additional 17 kilometres of strike along the Appleton fault into the hands of Exploits. Historic samples adjacent to the zone on Exploits property has assayed as high as 16.02 and 9.98 grams per tonne gold in a shear zone, with nearby soil samples registering as high as 2.8 and 2.6 g/t gold.

Furthermore, historic grab and chip samples from the region have returned values as high as 25.12 g/t gold, while subcrop samples assayed at 233 g/t gold. Notably, recent discoveries by New Found Gold (TSXV: NFG) such as the Keats and Lotto zones were found along the Appleton fault, demonstrating mineralization exists within the fault.

The company remains focused on the Dog Bay subzone, which is 200 kilometres in length and stretches from Dog Bay to that of Bay d’Espoir. Exploits is working under the premise that the area has been heavily underexplored since the last major campaigns in the region that were conducted in the 1980’s. The company currently intends to leverage the shift in knowledge of the region to become one of the most extension explorers within the subzone.

Under the terms of the arrangement, the company has acquired the property through the acquisition of 1255919 BC Ltd. In exchange, 6,200,000 shares of the company have been issued to the existing shareholders of the numbered company.

Additionally, the company announced this morning that Monty Sutton has replaced Justin Bourassa as the Chief Financial Officer of the company. Spending most of his career as an investment advisor, trader, and insurance specialist at PI Financing Corp, Sutton has been instrumental in raising over $100 million for junior mining firms over the course of his career. John Williamson has also resigned from the firms board.

Exploits Discovery Corp last traded at $0.60 on the TSX Venture.


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

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Lodge Resources Acquires Lower 48 Resources, Lehmi Gold Project

Lodge Resources (CSE: LDG) announced this morning that it has completed the acquisition of the...

Thursday, April 16, 2020, 02:43:13 PM

Central Banks Buy Record Amount Of Gold In Q3

Central Banks bought more gold than ever last quarter, according to the World Gold Council’s...

Wednesday, November 2, 2022, 04:32:00 PM

Global De-Dollarization Trend to Push Central Bank Gold Demand to Record Highs

As the pandemic continues to ravage the US economy, the Federal Reserve has tightly adhered...

Wednesday, October 7, 2020, 02:52:00 PM

Wesdome Sells Moss Lake Property To Goldshore Resources For $57 Million

Wesdome Mines (TSX: WDO) has elected to monetize its Moss Lake Project located in Ontario....

Tuesday, January 26, 2021, 08:59:26 AM

Gold Lion Reports Results Of Geophysical Survey At Erickson Ridge

Gold Lion Resources (CSE: GL) this morning released the results of a 3D array IP...

Tuesday, January 19, 2021, 07:56:27 AM