Canadian explorer Exploits Discovery Corp. (CSE: NFLD | OTCQX: NFLDF | FSE: 634) has received the license from the government of Newfoundland and Labrador relating to the ownership of the Bullseye parcel and surrounding staked claims.
The company says preparation of the Exploration Permit is underway, and that it expects the exploration programmes at Bullseye to kick off before the end of the year.
“We are excited to receive the licenses for these claims as over a dozen drill rigs are operating close to our new borders on the high-potential exploration lands held by New Found Gold [TSXV: NFG] and Labrador Gold [TSXV: LAB],” said Jeff Swinoga, Exploits Discovery’s CEO.
“Today’s news represents another key milestone in unlocking the gold discovery potential of these newly acquired claims. Stay tuned.”
Ken Tylee, the company’s vice president of exploration, added, “Our team is eager to hit the ground running on these highly prospective claims along the Appleton Fault.
“The permitting process has been started and we are planning to kick off our initial exploration programme as soon as these permits are received.”
To find out more, visit: https://exploitsdiscovery.com/