Exploits Discovery Corp. (CSE: NFLD | OTCQX: NFLDF) has recently received all analytical results from an extensive regional 2022 soil sampling programme.
The results include 8,089 samples, covering approximately 14km of strike-length along the company’s Dog Bay Line fault, approximately 30km north of its Bullseye property in Central Newfoundland.
Nick Ryan, Exploration Manager, commented, “It’s exciting to see multiple clusters of anomalous gold-in-soil values from our 2022 soil sampling programme coincident with our structural interpretation of the Dog Bay Line fault.”
The programme demonstrated the gold mineralization potential of Exploits’ claims along the Dog Bay Line fault, in addition to its targets along the Appleton Fault Corridor. This soil programme identified new prospective mineralized areas and further confirmed, and more importantly expanded, our existing gold targets.
Highlights from the results include the identification of a new prospective gold zone at the company’s Second Pond area, extending over approximately 2km of strike-length that returned gold-in-soil values up to 1.0g/t Au.
The results confirmed and extended significant gold signatures surrounding historic showings (Clutha, Clutha North, and Duder Lake), and included gold-in-soils results as high as 5.4g/t Au (Duder Lake), 3.6g/t Au (Clutha North), and 1.8g/t Au (Clutha).
Overall, most significant gold-in-soil clusters overlying coincident structures outlined from VTEM interpretation, which are expected to be followed up.
Jeff Swinoga CEO and president, added, “We are very pleased that, in addition to our immediate opportunity at our Bullseye gold target which we will be drilling in February, we are growing and advancing our future pipeline of gold targets along both the Appleton Fault Corridor as well as the Dog Bay Line Corridor.”
To find out more, please visit www.exploitsdiscovery.com
