Saturday, May 31, 2025

Latest

Exploits Discovery Announces 4,500 Metre Drill Program For Dog Bay Property

Exploits Discovery (CSE: NFLD) is looking to conduct a drill program at the Little Joanna and Quinlan Vein targets at its Dog Bay Gold project in Newfoundland. The company this morning announced that it has applied for drill permits for 4,500 metres of drilling at the targets.

The drill program is to be equally split between each of the two targets, with 9 holes and 2,250 metres of drilling to occur at each location. The program is in addition to the submitted permits for the Jonathan’s pond project, which brings total scheduled drilling to 10,500 metres thus far for 2021.

The Little Joanna target consists of quartz veins that contain visible gold, with surface samples previously assaying as high as 194 g/t gold. The veins are believed to be controlled by the Little Joanna Fault, a two kilometre long tertiary displacement fault. The Quinlan Vein prospect also consists of quartz veins with visible gold at surface, which has returned sample assays with values of 61.3 g/t gold and 189 g/t silver. Both targets are considered to be analogous to the Keats Zone discovery by New Found Gold.

“The successful sampling campaign Exploits conducted in late 2020, coupled with the efforts of our inhouse team and partner GoldSpot Discoveries, has doubled our tier one drill targets to four across our projects in the Exploits Subzone. The Exploits team is excited to refine each high value target for drilling programs as we drive towards discovery in 2021.”

Michael Collins, CEO of Exploits Discovery

Drill programs are expected to begin this spring, pending approval from the appropriate regulators.

Exploits Discovery last traded at $0.42 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.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Trade Ideas: Inca One Gold

We recently interviewed Rick Rule on our live stream and Rick said something very profound....

Thursday, October 14, 2021, 01:30:00 PM

Uranium, Evergrande, & Gold With Kai Hoffmann – The Daily Dive

Today, our host welcomes back on the Daily Dive Kai Hoffman, Founder and Managing Director...

Monday, September 27, 2021, 01:30:00 PM

You Can’t Create Gold – The Daily Dive feat John-Mark Staude Of Riverside Resource

Today on the Daily Dive, we see the return of frequent guest John-Mark Staude, CEO...

Tuesday, January 12, 2021, 01:30:00 PM

Prime Meridian Expands Landholdings In Red Lake Region

Prime Meridian Resources (TSXV: PMR) this morning continued its expansion within the Red Lake region...

Wednesday, September 8, 2021, 09:22:00 AM

Physical Gold Demand Poses Eurozone Risks, ECB Report Finds

The push for physical gold delivery amid record prices could trigger financial instability across the...

Tuesday, May 20, 2025, 02:13:00 PM