Exploits Discovery Corp. (CSE: NFLD | OTCQX: NFLDF | FSE: 634) has acquired, through staking, a 100% interest in six claim units within the Exploits Sub Zone area of central Newfoundland. The boundaries of three of the acquisitions are contiguous to exploration lands held by New Found Gold and Labrador Gold where over a dozen drill rigs are operating.
Exploits’ structural interpretation indicates that the Appleton Fault and the broader structural corridor extends North and across these acquired claims.
Jeff Swinoga, Chief Executive Officer of Exploits, comments, “We are thrilled to acquire these strategic claims and our talented local exploration team is already looking forward to unlocking their gold discovery potential. Today’s success represents a key milestone in our journey to potentially become the next major exploration success located in Newfoundland and Labrador. We will be providing further details of today’s acquisition in the near term.”
Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The company is actively exploring its gold projects in the Exploits Subzone, covering approximately 2,000km2 of mineral tenements. The company’s Exploration 2.0 methodology is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold’s success at the Keats and Lotto Zones in the Appleton zone. Exploits is leveraging its local team and geologic understanding to become one of the most extensive explorers in the Exploits Subzone.
To find out more please visit www.exploitsdiscovery.com