Exploits Discovery Corp. (CSE: NFLD |OTCQX: NFLDF | FSE: 634) has announced assay results from eight of its recent exploration drill holes at its Bullseye property. The results included reports of several grains of visible gold observed within a quartz vein network in one of the drill holes.
The hole in question, drill hole BE-23-014, happens to be located approximately 250m north of New Found Gold’s recently publicized high-grade intercepts at their Everest gold zone. The Bullseye claims are contiguous to neighbouring active targets currently being drilled by both New Found Gold and Labrador Gold.
Highlights included:
BE-23-014 intersected 9.84g/t Au averaged over a 12m core-length, located approximately 133m below surface, where 10 grains of visible gold were noted within a network of quartz veins.
Including 36.75g/t Au contribution from a 0.45m sample
Including 26.98g/t Au contribution from a 1.15m sample
Including 27.48g/t Au contribution from a 0.70m sample
Including 19.22g/t Au contribution from a 1.10m sample
Including 15.97g/t Au contribution from a 0.65m sample
Along with hole BE-23-007, which intersected 4.35g/t Au over a 0.55m core-length, located about 50m below surface, and 3.60g/t Au over a 0.40m core-length located around 80m below surface.
Assay results from a total of 14 out of 26 drill holes have been received to date, with 9,536m drilled within the northeastern trend of the Appleton Fault and prospective splay structures.
“We are excited to announce our best assay results since the start of our 2023 Bullseye drilling programme. Our talented local team is seeing a broad network of multi-stage quartz veins and related sulphide mineralization commonly associated with the track of the Appleton fault structure,” commented Exploits president and CEO, Jeff Swinoga.
“We believe this demonstrates that Bullseye has the potential to replicate or extend the high-grade gold mineralization observed by our neighbours within 250m of our claim boundaries.”
For further information please visit: www.exploitsdiscovery.com/
