Exploits Obtains Drill Permits For Little Joanna Veins Prospect

Exploits Discovery (CSE: NFLD) has received additional permits for its planned 2021 drill programs. The company this morning announced the receipt of permits for the planned program at the Little Joanna Vein prospect, which is located within the Dog Bay Gold project.

The planned drill program at the prospect consists of a total of nine holes that are to total 2,250 metres. Drilling is to focus on the high grade visible gold at surface, where samples of up to 194 g/t gold have been taken within quartz veins. The company will look to intersect similar mineralization within associated fault structures at depth, with drilling to be based on analysis of geophysical data.

The Little Joanna quartz veins are known to be at least 20 metres long before disappearing below overburden at both ends of the strike. The veins have been found to range from 20 to 50 centimeters wide. 16 samples to date have been taken from the prospect, with sampling in late 2020 having five assays returned with high gold values, with assays of 118, 119, 123, 133, and 194 g/t gold being returned.

“Exploits continues to deliver drill permit approvals on high priority targets that we have developed in the Exploits Subzone Gold Belt. I am impressed with our team’s ability to generate these gold targets so quickly and look forward to getting a drill turning quickly this spring.”  

Michael Collins, President and Chief Executive Officer

Drilling of the Little Joanna Veins is part of a larger property-wide exploration program planned for 2021. The company currently has a total of five targets for drilling, with a total 12,500 metres planned for the season. True Grit, Schooner, and Little Joanna have now received permitting, while permits remain pending for the Quinlan Veins and Jonathan’s Pond project.

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.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

The Russell Will Lead the Next Market Crash!? | John Feneck

John Feneck, CEO of Feneck Consulting Group, breaks down what’s happening with the gold market...

Wednesday, October 1, 2025, 01:30:00 PM

AUX Resources Begins 2020 Field Program At Golden Triangle Project, Georgia River

Mobilization for AUX Resources Corporation (TSXV: AUX) has begun. The company announced this morning that...

Tuesday, July 14, 2020, 09:41:07 AM

Are We Looking At A “K” Shaped Recovery? – The Daily Dive feat Russell Starr of Trillium Gold

Closing out the week for us on the Daily Dive, is that of frequent commentator...

Friday, January 15, 2021, 01:30:00 PM

Falcon Gold Applies For Exploration Permit For Bruce Lake Gold Property

An exploration permit has been applied for by Falcon Gold (TSXV: FG) for the firms...

Wednesday, May 20, 2020, 10:04:54 AM

CR Capital Releases Glenrock Property July 2020 Exploration Results

CR Capital Corp (TSXV: CIT) this morning announced the results from its July 2020 surface...

Friday, September 11, 2020, 09:30:10 AM