Newfoundland is experiencing a modern day gold rush, with over 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 received for five of our projects; Schooner, Quinlan Veins, Jonathan’s Pond, Little Joanna and True Grit. Drilling commenced at Schooner on May 27, 2021. 

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.

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Investment Highlights

Commanding Land Position:

  • 100% ownership of a 2,041.50 km2 land position in the Exploits Subzone which hosts significant gold deposits in Newfoundland and over 200 km strike length of deep-seated regional structures which include the Appleton Fault, Dog Bay Line, GRUB Line and Mt Peyton Linear.

Proven Exploration Model:

  • Exploration model comparable to Kirkland Lake Gold’s Fosterville Mine model which contains high-grade structurally hosted epizonal gold.
  • Proven by New Found Gold’s success in discovery at the Keat’s and Lotto Zones.

High-Grade Samples:

  • High-grade gold in outcrop up to 194 g/t Au, float boulders with visible gold up to 700 g/t Au.

Prospective Geophysical Signatures:

  • Magnetic and Very Low Frequency (VLF) geophysical surveys on the property indicate numerous prospective structures on Dog Bay, Mt Peyton, True Grit and Jonathan’s Pond Projects. Looking to acquire additional Geophysics on other projects.

Strong Management Team:

  • Dedicated to exploration across Newfoundland’s Exploits Subzone with extensive experience with epizonal gold, (including PhD consultants with extensive experience at Fosterville, and the Goldspot Discoveries team).
  • Proven track record of identifying excellent exploration opportunities and valuing them in the market.
  • Advisory Board with strong track record in discovery in Newfoundland, and globally.

Project Overview

Exploits Discovery Corp. holds 100% interest in seven known exceptional gold projects with geological, geochemical and structural settings comparable to New Found Gold’s Queensway discovery (DDH 19m at 92.86 g/t Au); and controls the largest land package in Newfoundland with over 200km of deep regional fault structures which include the Appleton Fault, Dog Bay Line, GRUB Line and the Mt Peyton Linear.

  • Modern exploration techniques applied to the property present an opportunity for significant new discoveries:
    • New FoundGold has demonstrated the potential for Fosterville style gold deposits through the 240km length of that Exploits Subzone, which stretches NE-SW across the Island of Newfoundland.
    • We will utilize the Fosterville model, geochemistry, geophysics, and Artificial Intelligence Modeling to drive discovery on known and new target

The Exploits Subzone is potentially one of the worlds last easily accessible district scale gold camps.

  • Properties are accessible by the Trans Canada Highway.

Regional Footprint

  • All projects are road accessible and have excellent access to infrastructure and provincial grid power
  • Key shareholders and stakeholders are local and have a proven track record of historical discovery
  • Newfoundland provides exploration incentive rebates of 75% for up to $150,000 on new projects


  • Exploits Discovery (CSE: NFLD) – $54M market cap
  • Surrounding New Found Gold’s (TSX-V: NFG) Queensway project –$1.26B market cap
  • Northeast of Marathon Gold’s (TSX: MOZ) Valentine Lake Deposit – $740M market cap
  • East of Sokoman Mineral’s (TSX-V: SIC) Moosehead Gold Project – $69M market cap
  • East of Labrador Gold’s Kingsway Project (TSX-V: LAB) – $152M market cap

(as of Oct 8 2021)

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