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Exploits Receives Seismic Data on Bullseye Gold Property

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Exploits Receives Seismic Data on Bullseye Gold Property

 

 

 

 

 

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) is pleased to announce that it is in receipt of the seismic dataset on its Bullseye gold property completed in late 2023 by New Found Gold Corp. This was the first survey of its kind to be conducted on the island of Newfoundland and one of the first in North America. NFG’s entire seismic program covered 47km2 of their Queensway North project area and was conducted by HiSeis, an industry leader in hard rock seismic surveys. The Company will be engaging a consultant in the near term and expects initial interpretations by this summer.

 

Jeff Swinoga, Chief Executive Officer, stated: “We are very pleased to receive the seismic data that will give us indications of potential deep-seated structures under our Bullseye gold property that may host gold mineralization. We intend to combine this seismic dataset with the 13,000 metres of diamond drilling completed on our property. This is another layer of data that we believe will be valuable in designing drilling programs and increase our chances for exploration success at depth. We plan to continue to drill and explore for significant gold discoveries on Bullseye as well as our much larger Gazeebow South property further north.”

 

Figure 1: Mineral property map showing coverage of the NFG seismic survey over Exploits’ Bullseye property.

 

About Exploits Discovery Corp.

 

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.

 

Posted April 3, 2024

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