- Exploits Discovery Corp (NFLDF, Financial) completes 20,000 metres of drilling at Bullseye, confirming significant high-grade gold zones.
- Noteworthy intercept includes 25.36 g/t gold over 1.60 metres at the Horseshoe Zone.
- The company secures a solid financial position with over $4 million in cash and no debt.
Exploits Discovery Corp (OTCQB: NFLDF) has announced the successful conclusion of its Phase 4 drilling campaign at the Bullseye property, revealing significant assay results that confirm the continuation and extension of gold mineralization. Among the highlights is a standout intercept of 25.36 grams per tonne (g/t) gold over 1.60 metres within the Horseshoe Zone, confirming its extension at depth.
The Bullseye property has seen the completion of a substantial 20,000 metres of drilling, successfully identifying two high-grade gold-bearing zones: Horseshoe and Saddle. These discoveries are strategically located along a more than 10-kilometer stretch of contiguous claims on the Appleton Fault Zone, directly adjacent to New Found Gold Corp's recently announced resource.
The latest drilling results further reinforce the property's potential, with other significant intersections recorded as 4.65 g/t gold over 0.55 metres and 2.02 g/t gold over 1.00 metre. Such findings position Exploits Discovery well for advancing exploration activities.
Financially, Exploits Discovery maintains a strong stance with more than $4 million in cash reserves and zero debt, enabling sustained progress in exploration endeavors.
