Exploits Discove - NFLDF STOCK NEWS

Exploits Discovery Corp. (NFLD) plans to commence drilling at Bullseye's fully-permitted, 100%-owned, southern claims located along the Appleton Fault Zone in Central Newfoundland. The drilling will test the eastern strike potential of the high-grade 'Jackpot' gold zones recently reported by New Found Gold Corp. The company's VLF and Magnetics ground geophysical surveys, coupled with high-resolution LiDAR mapping, indicate a complex network of second-order splay structures exist within Bullseye. The Bullseye property has been fully permitted by the provincial government with the capacity to drill throughout 2024. Visible gold has been noted within 8 of 30 relatively shallow exploration holes drilled at Bullseye during 2023, contributing to several locally high-grade intercepts. The Bullseye claims were staked by Exploits in September 2022, and are contiguous to the several hi-grade gold targets actively being drilled by both NFG and Labrador Gold.

Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) announces completion of the first tranche of a non-brokered private placement, raising $1,799,996 for Canadian exploration expenses. The Company issued 16,363,600 flow-through common shares at $0.11 per share. Finders fees of $107,999.76 were paid to eligible finders. The FT Shares are subject to a hold period until March 9, 2024.

Exploits Discovery Corp. will conduct a non-brokered private placement of up to 18,181,818 flow-through common shares at a price of $0.11 per share for gross proceeds of up to $2.0 million. The proceeds will be used for eligible Canadian exploration expenses related to the Company's mining projects.

Exploits Discovery Corp. announces positive results from surveys over its Gazeebow South claims in Newfoundland, indicating potential for gold-enriched mineralization. The surveys identified a complex network of structural disruptions and braided splays along the Appleton Fault Zone, similar to those seen in high-grade gold discoveries in the area. The company remains on track to advance Gazeebow targets to the drill-ready stage in 2024.

Exploits Discovery Corp. announces early results from till sampling program on Gazeebow South property in Central Newfoundland. Elevated gold grain counts indicate potential for gold mineralization. Follow-up sampling underway to define anomalies and trace glacial dispersion. Positive early results with gold grain counts up to 5 times greater than background levels. Company intends to develop drill ready targets for 2024. Claims considered highly prospective due to overlaying Appleton Fault Zone. Till sampling consistent with NI 43-101 and CIM best practices.

Exploits Discovery Corp. announces assay results from Phase-1 drilling on Bullseye property, including a 46.12 g/t Au assay value from a 0.40 metre core sample. Two new high-grade areas of gold mineralization discovered. Phase 2 drilling program to focus on expanding gold zones and exploring new targets. Chris Huggins resigns as director. Company plans to appeal rejection of mineral license applications. Bullseye claims considered highly prospective due to location on Appleton Fault. Quality Assurance - Quality Control procedures in place for sampling and analysis.