(TheNewswire)
Vancouver, British Columbia – TheNewswire - June 11, 2021 - ExploitsDiscovery Corp., (“Exploits” or the “Company”) (CSE:NFLD) (CNSX:NFLD.CN) (OTC:RNRRF)(FSE:634-FF) announces that, in accordance withthe Company’s stock option plan, it has granted to certain of itsdirectors, officers, employees and consultants incentive stock optionsto purchase up to an aggregate of 600,000 common shares exercisable onor before June 10, 2024 at a price of $1.19 per share.
Exploits Discovery is a Canadian mineral explorationcompany focused on the acquisition and development of mineral projectsin Newfoundland, Canada. The Company currently holds the Jonathan'sPond, Dog Bay, Mt. Peyton, Middle Ridge, True Grit, Great Bend, andGazeebow projects covering approximately 2,000 square kilometres ofmineral tenements. The PB Hill projects syndicate covers an additionalarea of almost 2,000 square kilometres.
With five permitted drill targets, ample cash reserves,and a drill working and committed through the summer 2021, Exploits ispositioned for discovery.
Exploits believes that the Exploits Subzone GoldBelt, which runs 200 km from Dog Bay southwest to Bay d'Espoir, hasbeen neglected since the last major exploration campaigns in the1980s. The last 40 years have seen incremental advancements in theunderstanding of gold mineralization in the camp. The sum of thisknowledge is now coming together in discrete and effective explorationmodels that have delivered results including New Found Gold's 2019discovery hole. The Exploits Subzone and GRUB regions have been thefocus of major staking and financing since late 2019.
The team at Exploits, with significant local experienceand knowledge, have studied the entirety of the Exploits Subzone andsurrounding regions, and have picked individual land packages forstaking or joint ventures, where there are opportunities for worldclass discoveries and mine development. Exploits intends to leverageits local team and the larger shift in geologic understanding andbecome one of the most extensive explorers in the ExploitsSubzone.
ON BEHALF OF THE BOARD
/s/ " William M.Sheriff "
Interim President and CEO
For further information, pleasecontact:
William M. Sheriff , Interim President andCEO
Tel: ( 972)333-2214
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