Exploits Discovery Corporation (CSE: NFLD | OTCQB: NFLDF) has announced the completion of an initial drilling programme at its Little Joanna target in Newfoundland, Canada. The company has completed six drill holes, for a combined total of 921m, testing the downdip extensions of surface veins containing visible gold, previously identified by Exploits’ partner Goldspot Discoveries (TSXV: SPOT) during an initial geophysical survey.
The Little Joanna target is interpreted to sit on a secondary fault, splaying off the Dog Bay Line, which is an under-explored, regional, deep-seated structure. Earlier surface sampling at the project reportedly returned grades up to 194 g/t Au.
Exploits has logged and sampled the drilled core and sent it to the assay lab for testing.
Including the core drilled at Little Joanna the company is awaiting results from the majority of the 13,500m of drilling carried out in its 2021 programme, with only around 10% of assays received to date. Following receipt and analysis of these assays the company plans a follow-up drill campaign for 2022.
Exploits Discovery’s 2022 Goals
Analysis of the assy results and plans for the 2022 campaign will be completed in collaboration with the company’s technical advisor, Dr. David Groves. and Goldspot Discoveries.
As well as further drilling on existing targets in 2022 the company says they are planning to complete several programmes, such as infill geophysics and soil and till sampling of under explored areas like and including, Dog Bay Line the Appleton Fault, and GRUB Line.
President and CEO of Exploits Discovery, Jeff Swinoga, released the statement, “We are pleased to complete the drilling of our Little Joanna target and look forward to reporting, early this year, the results from the remaining 52 holes drilled as part of our 2021 programme. Our experienced local team, along with the support of Goldspot Discoveries and our technical advisory committee, will be fully engaged in the assessment of our data and assay results and, particularly, how this data influences our future exploration targeting. We expect an exciting 2022 with the reporting of our 2021 assay results and announcements of new drill targets as we continue our journey to become the next major exploration success in the Exploits’ Subzone, Central Newfoundland.”
For further information, please visit: https://exploitsdiscovery.com/
