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Results from new high-quality drilling by Exploits confirm continuity of saddle zone at depth

Results from new high-quality drilling by Exploits confirm continuity of saddle zone at depth

Toronto, Ontario–(Newsfile Corp. – August 13, 2024) – Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) (“Exploits” or the “Company”) is pleased to report encouraging gold assay results from the recent diamond drilling campaign at the Saddle Zone, located within the Company’s Bullseye property. The latest assay data, received and verified from six additional drill holes, confirms multiple gold intercepts in excess of 10 g/t Au, which correlates with the presence of visible gold (“VG”) observed in the drill core.

The Saddle Zone is located in the vicinity of the Company’s drill hole #BE-23-028, adjacent to the Appleton Fault Zone (AFZ) in Central Newfoundland. In 2023, Exploits’ drill program intersected several clusters of quartz veins within an 18-metre interval of core (see assays from drill hole #BE-23-028 in an August 14, 2023 news release). The same quartz vein network appears to have been re-encountered in several 2024 drill holes, including BE-24-015 with assay results showing 67.55 g/t Au over 3.30 metres (see July 15, 2024 news release), as well as BE-24-016, BE-24-020 and BE-24-021, which were drilled northwest across the path of drill hole BE-23-028. Drill holes BE-24-018/019 were designed as short exploration holes to test a separate series of quartz veins east of the mineralized veins intersected in drill holes BE-23-015/016.