Exploits Discovery Corp. (CSE: NFLD | OTCQX: NFLDF | FSE: 634-FF) has announced several fully funded 2022 exploration programmes for three new target areas, situated along the northern extent of Exploits’ 50kms of claims across the Interpreted Appleton Fault. The Interpreted Appleton Fault hosts New Found Gold’s Keats high-grade discovery zone as well as the Lotto, Dome, and Golden Joint Zones.
Exploration Programmes for New Targets:
The company has planned extensive soil sampling, prospecting, and mapping programmes at its three new target areas: Appleton North, Duder Lake, and Titan South, which are all situated along the “Interpreted Appleton Fault”.
Exploits’ work to date has reported the potential for orogenic gold mineralization at the three targets through historic data analysis, mapping, prospecting, and airborne/ground geophysics. Highlights include:
Appleton North: Multiple historic high-grade grab samples including 233.4 g/t Au, 25.1 g/t Au, 24.2 g/t Au, 19.7 g/t Au, and 16.3 g/t Au. Samples are coincident with the Interpreted Appleton Fault.
Duder Lake: Multiple historic anomalous grab samples including 8.3 g/t Au, 7.6 g/t Au, 3.3 g/t Au, 2.8 g/t Au, and 2.5 g/t Au; historic anomalous soil samples up to 2.2 g/t Au. Samples are coincident with the Interpreted Appleton Fault.
Titan South: Historic Heavy Metal Concentrate (HMC) samples including 44.7 g/t Au, 5.7 g/t Au, and 3.5 g/t Au located proximal to the Interpreted Appleton Fault.
Drilling Permits Received:
Exploits has also received permits for its Appleton North, Duder Lake, and Titan South targets. The company intends to start drilling once it has received all the results from its initial exploration programmes.
President and CEO Jeff Swinoga commented, “With over US$13M of cash, we are very excited about our 2022 exploration programmes that are focused mainly on our northern claims along the Interpreted Appleton Fault in the Dog Bay area. While delays in receiving 2021 assay results have been disappointing, this year’s disciplined and refocused programme is well underpinned, zoning in on new and exciting areas as our team continuously develops and prioritizes a pipeline of new targets to maximize our chances for successful gold discoveries.”
For further information please visit: https://exploitsdiscovery.com/
