Exploits Announces Drilling, Till Sampling and Prospecting Programs
Exploits Announces Drilling, Till Sampling and Prospecting Programs
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").
安大略省多倫多——(Newsfile Corp. - 2024年6月14日)——Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits"或"公司")很高興地爲其位於中紐芬蘭的資產的勘探項目提供最新消息。Exploits正在其關鍵的Bullseye和Gazeebow South地點進行積極勘探,兩者都位於Appleton斷裂帶("AFZ" )沿線,毗鄰New Found Gold Corp.("NFG")和Labrador Gold Corp. ("LAB")。
Highlights:
亮點:
- 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在本週早些時候開始對Bullseye標的進行NQ岩心鑽探。
- 該項目的初始鑽孔集中在2023年的勘探鑽孔BE-23-028周圍,該區域存在數個具有礦化石英脈並交織在一起的集群,總長度約18米。
- 如2023年8月14日的新聞發佈中所述,對這些脈石集進行詳細的岩心記錄和全面的採樣產生了幾個令人鼓舞的金礦化驗結果,包括:
- 核長1.60米,Au4.08 g / t(位於地表以下約75米的垂直深度處)和
- 核長1.00米,Au14.59 g / t(位於地表以下約186米的垂直深度處)。
- Bullseye的下孔電視測量正在進行中。這些精確的3D方位已經開始協助設計針對這個具有結構複雜性並且擁有多代和多方向的礦化脈的後續鑽孔。
- 從Gazeebow South的西中部區塊將收集額外的150個填土樣品,以進一步精細和跟蹤2023年底所報道的高金粒數(有關詳情,請參見2023年9月28日的新聞發佈)。
- 夏季期間,探礦工作和局部地質勘查將繼續在公司的Dog Bay標的和Mt. Peyton地產中進行,專注於那些接近先前確定的異常黃金岩石和土壤樣品的區域。
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,總裁兼首席執行官,評論說:"我們對這個夏季在我們的項目上進行的所有工作都感到興奮。由於我們擁有超過600萬美元的現金和沒有債務,這些項目得到充分資金支持。隨着Bullseye的鑽孔已經啓動,Gazeebow South的附加填土取樣和我們其他標的的勘探工作,我們在甘德的全本地團隊正在忙於推進這些項目。金化驗和填土樣品的結果將在收到並解釋後進行報告。"
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).
圖1:Exploits位於中紐芬蘭的北部權利要求概覽;粗邊框表示活躍勘探方案的區域,包括鑽探(Bullseye),填土取樣(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標的是由Exploits於2022年9月申請的權利要求,與NFG和LAB毗鄰的數個高品位黃金靶區相鄰。該區域的地質學家認爲這些權利要求非常具有潛力,因爲它們直接覆蓋了一個1,200乘以800米的AFZ段及其相關的決裂構造群。在過去的三年中,三家公司曾在此結構地層環境中使用了十多臺探礦鑽機。
Gazeebow South
Gazeebow South標的
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.
填土樣品將由Exploits經驗豐富的野外技術人員收集。該計劃旨在跟蹤高度金礦化的填土,該填土潛在地反映了AFZ的位置和趨勢,因爲它通過權利要求群的軌跡向東北方向經過。2022-2023年進行的其他調查,如LiDAR和空中磁法調查,表明底層岩石已經被一系列複雜的裂縫網結構變形影響,這些結構可能與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地產由幾個相鄰的權利要求群組成,這些權利要求群組在2020年至2023年2月之間被組合拼湊而成。這裏是位於紐芬蘭中部甘德鎮以北約20公里處,距NFG最近的Keats和Iceberg高品位黃金髮現地點約17公里。
National Instrument 43-101 Disclosure
43-101國家儀器披露
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 (在安大略省和紐芬蘭和拉布拉多省內)是符合NI 43-101標準的合格人士,擔任Exploits的勘探副總裁。 Tylee已審查並批准了此處介紹的技術信息。
About Exploits Discovery Corp.
Exploits Discovery Corp.簡介
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是一家加拿大礦業勘探公司,專注於在加拿大紐芬蘭和拉布拉多省收購和開發礦產項目。Exploits利用其經驗豐富,才華橫溢的當地團隊和地質學理解,以成爲加拿大最成功的勘探者之一。
On Behalf of the Board
董事會代表
/s/ "Jeff Swinoga"
President and CEO
/s/“傑夫·斯維諾加”
總裁和首席執行官
For more information, please contact:
更多信息,請聯繫:
Shanda Kilborn
VP, Corporate Development & Investor Relations
+1 (778) 819-2708
shanda@exploits.gold
Shanda Kilborn
副總裁,公司發展和投資者關係
+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.
加拿大證券交易所及其監管服務提供商(如定義在加拿大證券交易所政策中)對本新聞稿的充分性或準確性不承擔任何責任。
Forward-Looking Statements
前瞻性聲明
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.
本新聞稿包含某些前瞻性聲明,涉及未來事件或未來業績,並反映管理層的當前期望和假設。這些前瞻性聲明反映了管理層當前的信念,並基於公司目前可獲得的信息和假設。讀者應當注意,這些前瞻性聲明既非承諾也非保證,受到可能導致未來結果與預期不符的風險和不確定性的影響,包括但不限於市場條件、融資的可獲得性、公司勘探和其他活動的實際結果、環境風險、未來金屬價格、經營風險、意外事故、勞動問題、政府批准和許可的延遲以及礦業行業的其他風險。本新聞稿中的所有前瞻性聲明均受到這些注意事項的限制,以及我們在加拿大SEDAR +上持續披露的文件中的注意事項。這些前瞻性聲明是截至本日期作出的,並且公司不承擔任何更新或修訂它們以反映新事件或情況的義務,除非依法要求。
Acknowledgments
鳴謝
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感謝紐芬蘭和拉布拉多省政府的自然資源部爲初級勘探援助計劃提供的財務支持。