Exploits Discove - NFLDF STOCK NEWS

Exploits Discovery Corp (CSE: NFLD) (OTCQB: NFLDF) has announced its participation in two major mining events. The company will present at Red Cloud's 13th Annual Pre-PDAC Mining Showcase in Toronto from February 27-28, 2025, where President & CEO Jeff Swinoga will deliver a presentation on February 28 at 2:40pm at the Omni King Edward Hotel.

The Red Cloud showcase will feature over 80 companies and facilitate more than 600 one-on-one meetings, including keynote speeches from mining and finance leaders. Additionally, Exploits will exhibit at PDAC 2025 at Booth 2618A in the Metro Toronto Convention Centre from March 2-3, 2025, where the company's leadership team, including VP of Exploration Ken Tylee and VP of Corporate Development Shanda Kilborn, will meet with shareholders and potential investors.

The company will also participate in PDAC's Atlantic Canada Day on March 4, 2025, showcasing the region's mining opportunities.

Exploits Discovery Corp. (NFLDF) has appointed Douglas Cater as the new Chair of its board of directors. Cater, who has been a board member since 2022, brings over 40 years of industry experience in precious metals exploration and mining. He previously served as Vice President Exploration for Kirkland Lake Gold from 2016 to 2019, where he contributed to the Newmarket Gold acquisition.

The company has granted Cater 200,000 stock options at $0.06 per share, expiring February 10, 2030. Additionally, with approximately $5 million in cash, Exploits has established an 'Opportunities Committee' to evaluate potential acquisitions, options, investments, and joint ventures for new projects in Canada and the United States.

Exploits Discovery Corp. (NFLDF) has reported gold assay results from its diamond drilling campaign at the Bullseye property. Key findings include confirmation of gold mineralization on the western flank of the Appleton Fault Zone and extension of the high-grade zone at the Horseshoe gold discovery.

Notable results include drill hole BE-24-030, which revealed a significant gold intercept of 25.36 g/t Au over 1.60 metres at approximately 260 metres depth. Other notable intersections include BE-24-025 with 1.24 g/t Au over 1.70m and BE-24-028 with 2.67 g/t Au over 1.20m.

The company currently has approximately $5 million in cash and is awaiting gold assays from five additional drill holes focused on the Horseshoe and Saddle mineralized zones. The company plans to announce results from its 2024 till sampling program at the Gazeebow South property this quarter.

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) held its Annual General Meeting on December 9, 2024. The company announced the re-election of Jeff Swinoga, Rod Husband, Larry Short, Siri Genik and Doug Cater as Directors. Davidson & Company LLP was re-appointed as the company's auditor.

Following the AGM, the Board reconstituted all Committees and reappointed key officers including Jeff Swinoga as President and CEO, Fiona Fitzmaurice as CFO, Ken Tylee as VP of Exploration, Shanda Kilborn as VP of Corporate Development and Investor Relations, and Jacqueline Collins as Corporate Secretary.

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) has started drilling operations at its Bullseye claims near Gander, Central Newfoundland. The company engaged Major Drilling for a 2,500-metre program, representing the fourth phase of exploration drilling since September 2022. The program targets the western flank of the Appleton Fault Zone (AFZ) and will follow up on previous successful intercepts, including 67.55 g/t Au over 3.30m at the Saddle Zone. The Bullseye property, strategically positioned between New Found Gold Corp.'s Queensway North and Kingsway claims, covers a 1.2-kilometre section of the AFZ where two mineralized zones have been identified.

Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) has announced plans for a Phase 4 drilling campaign on the western flank of the Appleton Fault Zone (AFZ) at its Bullseye gold property. The program will include:

1. Exploration of the west section of Bullseye, north of New Found Gold Corp.'s K2 gold zone.
2. Drilling along the west section of the AFZ on Bullseye.
3. High-priority drilling at the Saddle Zone, following up on previous high-grade intercepts.
4. Approximately 2,500 m of drilling.

The Bullseye property, 100%-owned and fully permitted for drilling throughout 2024, encompasses a 1.2-kilometre segment of the AFZ. Previous drilling at the Saddle Zone yielded significant results, including 254.00 g/t over 0.80 m and 20.92 g/t over 0.60 m core lengths.

Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) has successfully completed a non-brokered private placement, raising $1,015,400 through the issuance of 12,692,500 flow-through shares at $0.08 per share. The company paid $25,344 in finder's fees, and the shares are subject to a four-month hold period ending January 28, 2025. An insider participated for $8,000, considered a related party transaction under MI 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements.

The proceeds will be used for eligible Canadian exploration expenses related to the company's mining projects. Additionally, Exploits has granted 2,150,000 stock options to directors, officers, employees, and consultants, exercisable until September 30, 2029, at $0.08 per share.

Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) has announced a non-brokered private placement of up to 12,500,000 flow-through common shares at $0.08 per share, aiming to raise up to $1 million. The funds will be used for eligible Canadian exploration expenses that qualify as flow-through mining expenditures for the company's mining projects. The offering is subject to regulatory approvals, and securities will have a four-month-and-one-day hold period. Finder's fees may be payable, and the shares will not be registered under the U.S. Securities Act, limiting their sale within the United States.

Exploits Discovery Corp. (NFLDF) reports assay results from three diamond drill holes at the Saddle Zone within its Bullseye property in Central Newfoundland. Highlights include:

- BE-24-022: 1.60 g/t Au over 2.05m at ~73m depth, and 3.92 g/t Au over 0.45m at ~84m depth
- BE-24-024: 1.48 g/t Au over 0.65m and 3.68 g/t Au over 0.50m (with visible gold) at ~165-166m depth

The Saddle Zone remains open in all directions. CEO Jeff Swinoga states these results confirm the gold mineralization system extends beyond the previously reported high-grade intersection of 67.55 g/t gold over 3.3 metres. The company is now designing follow-up drill plans and completing a till-sampling program at its Gazeebow property.