Exploits Discovery Corp. (CSE: NFLD | OTCQX: NFLDF | FSE: 634) has announced the preliminary results of the Alpha IP™ survey on its Titan property conducted by Simcoe Geoscience as part of the company’s 2022 exploration programme. The drilling programmes are focused along structural lineaments where recent significant high-grade gold discoveries have been announced in central Newfoundland, Canada.
Preliminary results of Alpha IP survey have identified the potential for deeper and more extensive mineralization and assisted in generating new drill targets at Titan. According to the company, historic drilling did not clearly reveal these mineralized trends. Exploits also states that Titan is fully permitted for diamond drilling.
“Using industry leading technology is consistent with our systematic approach on our large and strategic land package to aggressively advance projects up our pipeline of drilling targets,” said Jeff Swinoga, president, CEO & director of Exploits.
“We were delighted to partner with Simcoe at our Titan Property as the new information from this IP survey was crucial in developing a well-defined series of targets at several high-priority areas at Titan.
“We are excited about the potential of using Alpha IP on our other targets in our project pipeline that we are advancing.”
Alpha IP Survey
Exploits deployed Simcoe’s next-generation wireless, high-definition, time-domain Alpha IP technology at its Titan Property. The IP survey covered 7 line-km of the favourable stratigraphy that straddles the extent of the historically under-explored gold-mineralized trend.
The company noted that Alpha IP is a “green” survey technology, with no tree-cutting or surface disturbance required – an example of effective, next generation and non-destructive exploration methods at work. Simcoe’s history of geophysical discovery spans from coast to coast in Canada. In addition, Simcoe works with other mining clients locally in Newfoundland.
Simcoe uses deep-penetrating Alpha IP technology to acquire 2D data which then can be quickly modelled and imaged in high-definition 3D. This comprehensive 3D imaging will ultimately provide Exploits with the precise targeting needed to potentially intersect gold-related mineralization and structures of interest across a substantial portion of Titan.
Titan Property
Historic surface sampling, trenching, and drilling at the Titan property indicated a northeast trending mineralized corridor extending over approximately 550 metres of strike length. Historic drilling (Crosshair Exploration and Mining 2004 – 2005) tested the mineralized trend at Titan over a strike length of approximately 250 metres and to a vertical depth of 65 metres. Compilation work performed by Exploits exploration team has indicated that mineralization is associated with altered gabbroic intrusions and localized irregular quartz veining.
The 2022 Alpha IP survey is an additional layer that compliments historic surface sampling, trenching, and drilling and has identified the potential for deeper and more extensive mineralization. For further information please visit: https://exploitsdiscovery.com/
