Exploits Discovery Corp. (CSE: NFLD | OTCQX: NFLDF | FSE: 634) has acquired, through staking, a 100% interest in 220 claim units within the Exploits Sub Zone area of central Newfoundland.
The cover 55 km2, are located 10km northeast of the company’s previously staked claims and are directly on-trend with New Found Gold and Labrador Gold’s success at the Lotto, Keatts, Big Vein, and Midway discoveries. Exploits’ structural interpretation indicates that the Appleton Fault and the broader structural corridor extends northwards across these acquired claims.
Jeff Swinoga, chief executive officer of Exploits, comments, “We are pleased to strategically grow our land position within the Exploits Sub Zone, located along the interpreted Appleton Fault Corridor. These New Claims are a game changing addition to our portfolio and will be a key area of focus for our exploration programmes.”
The company also announces that, in accordance with its stock option plan, it has granted officers, directors, employees and consultants of the Company an aggregate 1,875,000 incentive stock options, exercisable on or before October 18 2025 at price of $0.20 per share.
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 fid out more, please visit www.exploitsdiscovery.com
