(TheNewswire)
Vancouver, British Columbia - TheNewswire - April 30 th , 2021 - Exploits Discovery Corp.(“Exploits” or the “Company”) (C NSX :NFLD. CN ) (OTC: NFLDF ) (FSE:634-FF) is pleased toannounce t hat it has joined and is one of the founding member companies of the Newfoundland.Gold strategicalliance group.
Newfoundland.Gold is a strategic marketing alliance ofNewfoundland focused precious metals companies collectively committedto bringing awareness to an exciting emerging gold district. Thealliance, known as Newfoundland.Gold, is focusedon creating innovative capital attraction initiatives to promoteNewfoundland and the member companies.
Newfoundland.Gold will host its launch event, Virtual Investor Days, June 1-3, 2021 online. Thisonline event will include corporate presentations from membercompanies moderated by industry thought-leaders and will featurekeynote speakers daily. Registration for the Virtual Investor Dayswill open in May. For details and to register, please visitwww.newfoundland.gold.
Newfoundland is experiencing a modern day gold rush andis a top ranked exploration and mining jurisdiction.
Mining is one of Newfoundland and Labrador’s largestand oldest industries and a major contributor to the economy of theprovince. Known for its strategic location for internationaltransportation and a strong fishing industry, Newfoundland’s mininghistory dates back centuries.
We are pleased to be a founding member of theNewfoundland.Gold alliance. With the recent success in goldexploration and discovery Newfoundland there is a hunger forinformation on exploration programs and everyone’s differentstrategies,” Michael Collins, President and CEO commented. “Thiswill be a great forum for investors to get up to date informationabout Exploits Discovery as well as other gold exploration companiesin Newfoundland,”
The Founding Member Companies
Newfoundland.Gold is a strategic marketing allianceestablished by leaders in Newfoundland and Labrador’s goldexploration and mining sector. The alliance is open to all companiesoperating projects in Newfoundland and Labrador. The founding membersinclude:
New Found Gold Corp. TSXV:NFG OTC: NFGFF
Exploits Discovery Corp. CSE:NFLD OTC:NFLDF
Labrador Gold Corp. TSXV:LAB OTC:NKOSF
K9 Gold Corp. TSXV:KNC OTC:WDFCF
Leocor Gold Inc. CSE:LECR OTC:LECRF
C2C Gold Corp. CSE:CTOC OTC:CTCGF
Opawica Explorations Inc. TSXV:OPW
Sky Gold Corp. TSXV:SKYG OTC:SRKZF
About Newfoundland.Gold
Newfoundland.Gold is a strategic marketing alliancecomprised of gold exploration and mining companies focused on theadvancement of the mineral sector in Canada’s Newfoundland.Collectively these industry leaders are committed to bringingawareness to an exciting and supportive jurisdiction while generatingshareholder value through responsible and innovative exploration anddevelopment.
Newfoundland.Gold is a member of a collective marketingalliance, NLMines.com, focused on bringing awareness to the collectiveexploration and mining industry in Canada’s Newfoundland &Labrador. Newfoundland.Gold and NLMInes.com are open to all exploration and mining companies which have a primaryfocus on exploration or mining activities in Newfoundland.
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 which cumulatively cover an area of approximately2,11 5 squarekilometres.
All projects within Exploits’ portfolio lie withinthe Exploits Subzone.
Exploits believes that the Exploits Subzone, whichruns 200 km from Dog Bay southwest to Bay d'Espoir, has beenneglected since the last major exploration campaigns in the 1980s. Thelast 40 years have seen incremental advancements in the understandingof gold mineralization in the camp. The sum of this knowledge is nowcoming together in discrete and effective exploration models that havedelivered discovery such as New Found Gold's 2019 discovery of 92.86g/t Au over 19.0 metres near surface. The Exploits Subzone and GRUBregions have been the focus of major staking and financing throughout2020, with increased exploration activities forecasted in the areamoving into 2021.
The team at Exploits, with significant local experienceand knowledge, have studied the entirety of the Exploits Subzone andpicked individual land packages for staking or joint venture wherethere is an opportunity for world class discoveries and minedevelopment. Exploits intends to leverage its local team and thelarger shift in understanding and become one of the most extensiveexplorers in the Exploits Subzone.
ON BEHALF OF THE BOARD
/s/ "Michael Collins "
President and CEO
For further information, pleasecontact:
Michael Collins, CEO
Tel: ( 778 ) 819 -2708
Neither the Canadian SecuritiesExchange nor its Regulation Service Provider (as the term is definedin the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy of accuracy of this newsrelease.
Forward-Looking Statements
This news release contains certain forward-lookingstatements, which relate to future events or future performance andreflect management's current expectations and assumptions. Suchforward-looking statements reflect management's current beliefs andare based on assumptions made by and information currently availableto the Company. Readers are cautioned that these forward-lookingstatements are neither promises nor guarantees, and are subject torisks and uncertainties that may cause future results to differmaterially from those expected including, but not limited to, marketconditions, availability of financing, actual results of the Company'sexploration and other activities, environmental risks, future metalprices, operating risks, accidents, labor issues, delays in obtaininggovernmental approvals and permits, and other risks in the miningindustry. All the forward-looking statements made in this news releaseare qualified by these cautionary statements and those in ourcontinuous disclosure filings available on SEDAR at www.sedar.com . These forward-lookingstatements are made as of the date hereof and the Company does notassume any obligation to update or revise them to reflect new eventsor circumstances save as required by applicable law.
Exploits Discovery would like to acknowledge the financial support ofthe Junior Exploration Assistance Program from the Department ofNatural Resources, Government of Newfoundland and Labrador.
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