Exploits Discovery Receives Permits For Quinlan Vein Drill Program

Exploits Discovery (CSE: NFLD) has received drill permits for the planned drill program at its Dog Bay Gold Project. The drill program is to focus on the Quinlan Vein prospect on the property.

The drill program currently outlined by the company consists of a total of nine holes, which are to be drilled to an aggregate depth of 2,250 metres. The program will focus on drilling for mineralization in relation to several high grade visible gold samples found within several stacked quartz veins, where samples have returned values as high as 61.3 g/t gold.

The company reports that these veins demonstrate visible gold content from surface, with the veins stacked across a width of 25 metres along a strike length of 20 metres. Strike continues until it dives under overburden, with mineralization remaining open in all directions.

“With the drill permit now secured for our Quinlan Vein prospect, Exploits is pleased to now have received four of its five drill applications. The Quinlan Vein prospect is an impressive piece of land with high grade, visible gold samples at surface and we are looking forward to unlocking its potential with the drill. Our 2021 exploration plans are taking shape with boots on the ground work to refine these targets, culminating in our Phase I drill campaign in May.”

Michael Collins, CEO of Exploits

The drill program being conducted is part of a larger 12,000 metre drill program that is fully funded for spring and summer exploration. Permits have currently been received for four out of five targets, with the Jonathan’s Pond project being the remaining property for permits to be received on. Those permits are expected to be granted shortly.

Exploits Discovery last traded at $0.45 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

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

O2Gold Intersects 20.11 g/t Gold Over 0.7 Metres At Aurora

O2Gold (TSXV: OTGO) last night reported on its first drill results from its Aurora Property...

Tuesday, September 21, 2021, 08:17:50 AM

The Deep Dive Compiles Company Profile On AUX Resources

AUX Resources Corporation (TSXV: AUX) is a gold mining company focused on the Stewart Mining...

Saturday, September 12, 2020, 08:30:00 AM

The Next Major Golden Triangle Discovery | Roger Rosmus – Goliath Resources

In this interview, Roger Rosmus, CEO of Goliath Resources (TSXV: GOT), discusses the recent high-grade...

Saturday, February 8, 2025, 11:41:00 AM

Midland Discovers New Gold Zone At Samson Project In Fenelon Gold Camp

Midland Exploration (TSXV: MD) this morning announced that it has discovered a new gold bearing...

Tuesday, September 1, 2020, 08:48:28 AM

How it Works: Order Spoofing, Part Two – Spoofing In The Small Cap Sector

JP Morgan’s $920 million fine for having manipulated gold markets with order spoofing was widely...

Saturday, October 3, 2020, 08:30:00 AM