Exploits Discovery (CSE: NFLD; OTCQB: NFLDF) has reported significant findings from recent diamond drilling at its Bullseye property along the Appleton Fault zone in central Newfoundland. The highlight of the discovery is the newly identified Saddle zone, where notable intercepts include 67.55 g/t gold over 3.3 metres, with visible gold, and a high-grade section of 254.08 g/t gold over 0.8 metre.
The Saddle zone is situated near drill hole BE-23-028, where extensive quartz veining was encountered across approximately 18 metres of core. Drill hole BE-24-015 intersected multiple quartz veins hosting visible gold, with the best assay of 67.55 g/t gold over 3.3 metres, drilled northwest of the previous hole’s path. This zone remains open in all directions.
Key highlights from the initial drilling include:
- Hole BE-24-015: Intersected 67.55 g/t gold over 3.3 metres, including 254.08 g/t gold over 0.8 metre, at a depth of approximately 85 metres.
- Hole BE-23-014: Intersected 53.37 g/t gold over 06 metre and 32.71 g/t gold over 0.4 metre.
- Hole BE-24-013: Intersected 35.82 g/t gold over 0.9 metre, including 78.99 g/t gold over 0.4 metre.
“After completing a deep dive analysis into all available geological and technical information, ranking numerous opportunities and using televiewer to assist in drill design orientation, we announced this focused drill program, and we are very encouraged by its early results,” said Exploits president and CEO Jeff Swinoga. “…our goal is to be the next large successful gold exploration company in the beautiful province of Newfoundland and Labrador.”
For more information, visit www.ExploitsDiscovery.com
