Recently staked one of the best claims to be acquired in Central Newfoundland
Numerous drill rigs operating near its borders by other exploration companies
Fast tracking our exploration programs
Immediately advancing on this key acquisition
Drilling planned in February
“Bullseye is a tremendous opportunity for Exploits since it is on the Appleton Fault with a significant number of high-grade gold discoveries in close proximity to its borders.
Bullseye will be the principal focus of the Company’s upcoming exploration activities over the next six months and we believe it could be a game-changing catalyst for our company as well as the gold mining industry in central Newfoundland.”
projects in a WORLD-CLASS MINING JURISDICTION
100% ownership of a 2,015.50 km2 land position in the Exploits Subzone which hosts significant gold deposits in Newfoundland
Exploration model compares to the Fosterville Mine, which contains high-grade, structurally hosted epizonal gold— proven by New Found Gold’s success at the Keats and Lotto Zones.
Experienced team specializing in epizonal gold exploration in the Exploits Subzone of Newfoundland, including at Fosterville and Goldspot.
access to infrastructure
All projects are road accessible and have excellent access to infrastructure and provincial grid power