Exploits Discove Stock Price, News & Analysis

Exploits Discovery Corp (OTCQB: NFLDF) has announced results from its Phase 4 drilling campaign at the Bullseye property. The program successfully confirmed gold mineralization continuation at the Saddle Zone, with a notable intercept of 25.36 g/t gold over 1.60 metres extending the Horseshoe Zone at depth.

The company has completed 20,000 metres of drilling at Bullseye, identifying two high-grade gold zones: Horseshoe and Saddle. The property's strategic location includes 10+ km of contiguous claims along the Appleton Fault Zone, adjacent to New Found Gold Corp's recently announced resource. Notable drill results include intersections of 4.65 g/t gold over 0.55 metres and 2.02 g/t gold over 1.00 metres.

Exploits maintains a strong financial position with over $4 million in cash and no debt, positioning the company for continued exploration advancement.

Exploits Discovery Corp. (NFLDF) has announced results from its 2024 till sampling program at the Gazeebow South property along the Appleton Fault Zone in Central Newfoundland. The program revealed elevated gold grain counts up to 14 times greater than local background levels, with samples collected at 100 x 100 metre spacing.

Key findings include multiple samples with significant gold grain counts:

• 73 Total Gold Grains (26% Pristine, 52% Modified)
• 84 Total Gold Grains (11% Pristine, 18% Modified)
• 67 Total Gold Grains (7% Pristine, 19% Modified)
• 55 Total Gold Grains (5% Pristine, 33% Modified)

The property covers over 8 kilometers of the northern Appleton Fault Zone and is located approximately 17 km northeast of New Found Gold's Keats and Iceberg discoveries. The deformation patterns observed resemble those at New Found Gold's high-grade gold discoveries, suggesting district-scale potential.

Exploits Discovery Corp (CSE: NFLD) (OTCQB: NFLDF) has announced its participation in two major mining events. The company will present at Red Cloud's 13th Annual Pre-PDAC Mining Showcase in Toronto from February 27-28, 2025, where President & CEO Jeff Swinoga will deliver a presentation on February 28 at 2:40pm at the Omni King Edward Hotel.

The Red Cloud showcase will feature over 80 companies and facilitate more than 600 one-on-one meetings, including keynote speeches from mining and finance leaders. Additionally, Exploits will exhibit at PDAC 2025 at Booth 2618A in the Metro Toronto Convention Centre from March 2-3, 2025, where the company's leadership team, including VP of Exploration Ken Tylee and VP of Corporate Development Shanda Kilborn, will meet with shareholders and potential investors.

The company will also participate in PDAC's Atlantic Canada Day on March 4, 2025, showcasing the region's mining opportunities.

Exploits Discovery Corp. (NFLDF) has appointed Douglas Cater as the new Chair of its board of directors. Cater, who has been a board member since 2022, brings over 40 years of industry experience in precious metals exploration and mining. He previously served as Vice President Exploration for Kirkland Lake Gold from 2016 to 2019, where he contributed to the Newmarket Gold acquisition.

The company has granted Cater 200,000 stock options at $0.06 per share, expiring February 10, 2030. Additionally, with approximately $5 million in cash, Exploits has established an 'Opportunities Committee' to evaluate potential acquisitions, options, investments, and joint ventures for new projects in Canada and the United States.

Exploits Discovery Corp. (NFLDF) has reported gold assay results from its diamond drilling campaign at the Bullseye property. Key findings include confirmation of gold mineralization on the western flank of the Appleton Fault Zone and extension of the high-grade zone at the Horseshoe gold discovery.

Notable results include drill hole BE-24-030, which revealed a significant gold intercept of 25.36 g/t Au over 1.60 metres at approximately 260 metres depth. Other notable intersections include BE-24-025 with 1.24 g/t Au over 1.70m and BE-24-028 with 2.67 g/t Au over 1.20m.

The company currently has approximately $5 million in cash and is awaiting gold assays from five additional drill holes focused on the Horseshoe and Saddle mineralized zones. The company plans to announce results from its 2024 till sampling program at the Gazeebow South property this quarter.

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) held its Annual General Meeting on December 9, 2024. The company announced the re-election of Jeff Swinoga, Rod Husband, Larry Short, Siri Genik and Doug Cater as Directors. Davidson & Company LLP was re-appointed as the company's auditor.

Following the AGM, the Board reconstituted all Committees and reappointed key officers including Jeff Swinoga as President and CEO, Fiona Fitzmaurice as CFO, Ken Tylee as VP of Exploration, Shanda Kilborn as VP of Corporate Development and Investor Relations, and Jacqueline Collins as Corporate Secretary.

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) has started drilling operations at its Bullseye claims near Gander, Central Newfoundland. The company engaged Major Drilling for a 2,500-metre program, representing the fourth phase of exploration drilling since September 2022. The program targets the western flank of the Appleton Fault Zone (AFZ) and will follow up on previous successful intercepts, including 67.55 g/t Au over 3.30m at the Saddle Zone. The Bullseye property, strategically positioned between New Found Gold Corp.'s Queensway North and Kingsway claims, covers a 1.2-kilometre section of the AFZ where two mineralized zones have been identified.