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Exploits Announces Drilling, Till Sampling and Prospecting Programs

Exploits Announces Drilling, Till Sampling and Prospecting Programs

Exploits宣布开展钻探、筛选和勘探工作计划
newsfile ·  06/14 06:00

Toronto, Ontario--(Newsfile Corp. - June 14, 2024) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to provide an update for its exploration programs on its properties in Central Newfoundland. Exploits is aggressively exploring at its key Bullseye and Gazeebow South sites, both located along the Appleton Fault Zone ("AFZ"), adjacent to New Found Gold Corp. ("NFG") and Labrador Gold Corp. ("LAB").

安大略省多伦多——(Newsfile Corp. - 2024年6月14日)——Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits"或"公司")很高兴地为其位于中纽芬兰的资产的勘探项目提供最新消息。Exploits正在其关键的Bullseye和Gazeebow South地点进行积极勘探,两者都位于Appleton断裂带("AFZ" )沿线,毗邻New Found Gold Corp.("NFG")和Labrador Gold Corp. ("LAB")。

Highlights:

亮点:

  • Exploits commenced NQ core drilling on the Bullseye claims earlier this week.
  • The initial drill holes of this program are focusing around 2023's exploration hole # BE-23-028, where several clusters of mineralized quartz veining were intersected over approximately 18 m.
  • As previously reported in a news release dated August 14, 2023; detailed core-logging and thorough sampling of these vein-sets generated several encouraging gold assays including:
    • 4.08 g/t Au over 1.60 m core-length (located at a vertical depth of approximately 75 m below surface) and
    • 14.59 g/t Au over 1.00 m core-length (at a vertical depth of approximately 186 m below surface).
  • Down-hole televiewer surveying is ongoing at Bullseye. These accurate 3D orientations are already assisting with the design of follow-up holes targeting this structurally-complex area that hosts multiple generations and orientations of mineralized veining.
  • An additional 150 till samples will be collected from the west-central block of the Gazeebow South claims to further refine and follow up on the elevated gold grain counts reported in late 2023 (see news release September 28, 2023 for further information).
  • Prospecting efforts and localized mapping will continue throughout the summer at the Company's Dog Bay claims and Mt. Peyton property focusing in areas proximal to previously identified anomalous gold rock and soil samples.
  • Exploits在本周早些时候开始对Bullseye标的进行NQ岩心钻探。
  • 该项目的初始钻孔集中在2023年的勘探钻孔BE-23-028周围,该区域存在数个具有矿化石英脉并交织在一起的集群,总长度约18米。
  • 如2023年8月14日的新闻发布中所述,对这些脉石集进行详细的岩心记录和全面的采样产生了几个令人鼓舞的金矿化验结果,包括:
    • 核长1.60米,Au4.08 g / t(位于地表以下约75米的垂直深度处)和
    • 核长1.00米,Au14.59 g / t(位于地表以下约186米的垂直深度处)。
  • Bullseye的下孔电视测量正在进行中。这些精确的3D方位已经开始协助设计针对这个具有结构复杂性并且拥有多代和多方向的矿化脉的后续钻孔。
  • 从Gazeebow South的西中部区块将收集额外的150个填土样品,以进一步精细和跟踪2023年底所报道的高金粒数(有关详情,请参见2023年9月28日的新闻发布)。
  • 夏季期间,探矿工作和局部地质勘查将继续在公司的Dog Bay标的和Mt. Peyton地产中进行,专注于那些接近先前确定的异常黄金岩石和土壤样品的区域。

Jeff Swinoga, President and CEO, comments, "We are excited with all the work planned on our properties this summer. These programs are fully funded as we have over $6 million in cash and no debt. With the drill now turning at Bullseye, additional till sampling at Gazeebow South and prospecting efforts on our other claims, our all-local team in Gander is busy as we move these projects forward. Results on both gold assays and till samples will be reported after receipt and interpretation."

Jeff Swinoga,总裁兼首席执行官,评论说:"我们对这个夏季在我们的项目上进行的所有工作都感到兴奋。由于我们拥有超过600万美元的现金和没有债务,这些项目得到充分资金支持。随着Bullseye的钻孔已经启动,Gazeebow South的附加填土取样和我们其他标的的勘探工作,我们在甘德的全本地团队正在忙于推进这些项目。金化验和填土样品的结果将在收到并解释后进行报告。"


Figure 1: Overview of Exploits' northern claims in Central NL; thick claim borders indicate areas of active exploration programs including drilling (Bullseye), till sampling (Gazeebow South), and prospecting (Mt. Peyton/Dog Bay Central & North).


图1:Exploits位于中纽芬兰的北部权利要求概览;粗边框表示活跃勘探方案的区域,包括钻探(Bullseye),填土取样(Gazeebow South)和勘探(Mt. Peyton/Dog Bay Central & North)。

Bullseye Gold Property

Bullseye Gold Property

The Bullseye claims were staked by Exploits in September 2022 and are contiguous to the several hi-grade gold targets adjacent to NFG and LAB. The claims are considered by the Company's geologists to be highly prospective because they directly overlay a 1,200 by 800 metre segment of the AFZ and its related splay structures. Over a dozen exploration drill rigs have been employed by the three companies operating within this structural-stratigraphic setting over the past three years.

Bullseye标的是由Exploits于2022年9月申请的权利要求,与NFG和LAB毗邻的数个高品位黄金靶区相邻。该区域的地质学家认为这些权利要求非常具有潜力,因为它们直接覆盖了一个1,200乘以800米的AFZ段及其相关的决裂构造群。在过去的三年中,三家公司曾在此结构地层环境中使用了十多台探矿钻机。

Gazeebow South

Gazeebow South标的

The till samples will be collected by Exploits' well-experienced field technicians. The program is designed to follow up on elevated gold mineralization that potentially reflects the location and trend of the AFZ as it passes through the claim-group on its track to the northeast. Other surveys conducted in 2022-2023, such as LiDAR and airborne MAG, suggest the underlying bedrock has been structurally impacted/deformed by a braided, complex series of breaks that may align with the placement of the AFZ.

填土样品将由Exploits经验丰富的野外技术人员收集。该计划旨在跟踪高度金矿化的填土,该填土潜在地反映了AFZ的位置和趋势,因为它通过权利要求群的轨迹向东北方向经过。2022-2023年进行的其他调查,如LiDAR和空中磁法调查,表明底层岩石已经被一系列复杂的裂缝网结构变形影响,这些结构可能与AFZ的位置相符。

The Gazeebow property consists of several contiguous claim groups that were assembled between 2020 and February 2023. This extensive property is located approximately 20 km north from the town of Gander within central Newfoundland and sits approximately 17 km to the northeast of NFG's recent Keats and Iceberg high-grade gold discoveries.

Gazeebow地产由几个相邻的权利要求群组成,这些权利要求群组在2020年至2023年2月之间被组合拼凑而成。这里是位于纽芬兰中部甘德镇以北约20公里处,距NFG最近的Keats和Iceberg高品位黄金发现地点约17公里。

National Instrument 43-101 Disclosure

43-101国家仪器披露

Ken Tylee, P.Geo., VP of Exploration with Exploits, is a qualified person within the Provinces of Ontario and Newfoundland and Labrador as defined by NI 43-101 standards. Mr. Tylee has reviewed and approved the technical information presented herein.

Ken Tylee (在安大略省和纽芬兰和拉布拉多省内)是符合NI 43-101标准的合格人士,担任Exploits的勘探副总裁。 Tylee已审查并批准了此处介绍的技术信息。

About Exploits Discovery Corp.

Exploits Discovery Corp.简介

Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada.

Exploits是一家加拿大矿业勘探公司,专注于在加拿大纽芬兰和拉布拉多省收购和开发矿产项目。Exploits利用其经验丰富,才华横溢的当地团队和地质学理解,以成为加拿大最成功的勘探者之一。

On Behalf of the Board

董事会代表

/s/ "Jeff Swinoga"
President and CEO

/s/“杰夫·斯维诺加”
总裁和首席执行官

For more information, please contact:

更多信息,请联系:

Shanda Kilborn
VP, Corporate Development & Investor Relations
+1 (778) 819-2708
shanda@exploits.gold

Shanda Kilborn
副总裁,公司发展和投资者关系
+1 (778) 819-2708
shanda@exploits.gold

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.

加拿大证券交易所及其监管服务提供商(如定义在加拿大证券交易所政策中)对本新闻稿的充分性或准确性不承担任何责任。

Forward-Looking Statements

前瞻性声明

This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at . These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

本新闻稿包含某些前瞻性声明,涉及未来事件或未来业绩,并反映管理层的当前期望和假设。这些前瞻性声明反映了管理层当前的信念,并基于公司目前可获得的信息和假设。读者应当注意,这些前瞻性声明既非承诺也非保证,受到可能导致未来结果与预期不符的风险和不确定性的影响,包括但不限于市场条件、融资的可获得性、公司勘探和其他活动的实际结果、环境风险、未来金属价格、经营风险、意外事故、劳动问题、政府批准和许可的延迟以及矿业行业的其他风险。本新闻稿中的所有前瞻性声明均受到这些注意事项的限制,以及我们在加拿大SEDAR +上持续披露的文件中的注意事项。这些前瞻性声明是截至本日期作出的,并且公司不承担任何更新或修订它们以反映新事件或情况的义务,除非依法要求。

Acknowledgments

鸣谢

Exploits Discovery would like to acknowledge the financial support of the Junior Exploration Assistance Program from the Department of Natural Resources, Government of Newfoundland and Labrador.

Exploits Discovery感谢纽芬兰和拉布拉多省政府的自然资源部为初级勘探援助计划提供的财务支持。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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