Newfoundland is experiencing a modern day gold rush, with almost 30 companies exploring for gold on the island. Exploits Discovery Corp. is one of the leaders, with a substantial land package, selected for its’ exposure to the deep seated structural faults that define the epizonal orogenic gold model seen at New Found Gold’s Keats and Lotto Zone discoveries.
This amount of ground gives Exploits the unique opportunity to develop multiple targets simultaneously and maximize our chances for success and discovery. In addition to strong fieldwork to support our target development, Exploits is undertaking one of the largest geophysical surveys in Newfoundland (13,500 line km), and utilizing GoldSpot Discoveries proprietary A.I. machine learning and expertise in the region to quickly advance our projects to drilling.
Results to date include 194 g/t visible gold discovered at Little Joanna, and 61.3 g/t Au with 189 g/t Ag discovered at the Quinlan Veins prospect. Drill permits have been submitted for our Jonathan’s Pond, and Schooner prospects, with more permits are being planned.
The Schooner prospect is a new target identified by GoldSpot Discoveries, and Jonathan’s Pond includes highly prospective ground that was consolidated and acquired from New Found Gold.