4 days ago

Exploits Discovery - New Gold Projects in Quebec and Ontario Mark Strategic Expansion Beyond Newfoundland

In this KE Report company update, we welcome back Jeff Swinoga, President and CEO of Exploits Discovery (CSE:NFLD - OCTQB:NFLDF - FSE:634), to discuss the company’s transformational pivot toward Quebec and Ontario gold projects, while still maintaining a presence in Newfoundland.

Exploits Discovery has just signed an option agreement with Cartier Resources to acquire three gold projects in Quebec - Benoist, Fenton, and Wilson - which collectively host approximately 680,000 ounces of historic gold resources. This comes on the heels of a recent Ontario acquisition at the Hawkins Project, signaling a major shift in strategic focus and setting the stage for potential resource growth and re-rating.

 

Key Highlights from the Interview:

  • Strategic entry into Quebec with flexible terms on the Cartier option agreement

  • Initial exploration plans at Benoist, where historic intercepts include 21 g/t Au over 5.6m and 26 g/t Au over 4.1m

  • Plans for dual fall drill programs at both Benoist and Hawkins following permit approvals

  • Continued monitoring of Newfoundland properties, with the potential to re-allocate exploration capital based on discovery upside

  • Insight on potential partnerships, investor interest from Quebec, and valuation upside based on current EV/ounce metrics

🔗 Visit Exploits’ website: https://exploitsdiscovery.com.

If you have any follow up questions for Jeff please email me at Fleck@kereport.com.

Comment (0)

No comments yet. Be the first to say something!

Copyright 2023 All rights reserved.

Podcast Powered By Podbean

Version: 20241125