Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Exploits Discovery Corp. (CSE: NFLD) (OTCQX: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to announce at least 12 gold targets have been identified on its southern properties situated approximately 90 kilometers south of Gander. These targets were generated by Windfall Geotek's use of Artificial Intelligence (AI) and their compilation of available historic data and proprietary machine-learned filtering technologies.
Highlights:
At least 12 separate gold targets identified through Windfall's AI processing.
All available current and historical data, including 4,942 gold assay results, were utilized for the study.
The project area is in South-Central Newfoundland and covers 1,208.75 km2.
Only a limited amount of exploration over the past 40 years has been conducted in this area, making it an ideal candidate for Windfall's industry-leading appraisal system.
Option and joint venture opportunities are available on these properties.
Jeff Swinoga, President and CEO, comments, "As we advance our new Horseshoe gold discovery and target development further to the north at our Gazeebow claims, we are pleased that this new technology was able to assist us with identifying numerous gold targets within our relatively unexplored southern claims. We were very impressed with Windfall's predictive AI technology and its ability to highlight the potential for significant upside for new discoveries beyond the scope of known gold mineralization on these properties."
Geological Context:
The Great Bend, Middle Ridge, and True Grit project areas (Figure 1) located in the Gander River Ultra Mafic Belt (GRUB) regional structure is thought to be very important in the mobilization and concentration of gold mineralization in the province of Newfoundland, Canada.
The Great Bend property is situated within the Dunnage Zone and encompasses (from west to east), the Newfoundland Geological Survey mapped Coy Pond Complex (CPC), Baie d'Espoir Group (BDG), and the Davidsville Group. Lithological units are diverse across the property and consist of Cambrian to Ordovician ophiolitic ultramafics (CPC), Ordovician felsic to intermediate island-arc volcanics and siliciclastic sediments (BDG), as well as Davidsville Group Ordovician marine siliciclastic sediments. The southwest property margin contains the northeast edge of the Early Ordovician Partridgeberry Hills granite which truncates the ophiolite and siliciclastic packages.
The Middle Ridge property straddles a significant regional structure of the Dunnage Zone called the Gander River Ultra Mafic Belt, (GRUB), a regional scale trans-compressional thrust fault marked by a discontinuous belt of ophiolitic rock that forms the south easternmost boundary of the Exploits Subzone. The GRUB Line is believed to be a potential conduit for deep seated fluid flow and a pathway for the transportation of gold bearing fluids. This structure is spatially associated with significant gold deposition across the belt focused in secondary and tertiary structural splays from the GRUB Line, which is hosted in the Silurian siliciclastic sediments of the Exploits Subzone.
The True Grit property lays within the Exploits Sub Zone which is underlain by siliciclastic rocks of the St. Joseph's Cove Group. The St. Joseph's Cove Formation is comprised of siltstone, pelite, sandstone, and conglomerate with minor quartz sericite schists thought to represent altered felsic tuffs. Historical till surveys resulted in numerous high gold grain counts (Pickett, 1990) which led to the discovery by Teck Resources of the True Grit mineralized zones.
Table 1: AI defined gold targets.
Nr | Target ID | X (Center) Nad83 UTM21 | Y (Center) Nad83 UTM21 | Area (sq km) | NTS Sheet | Lithology (NFLD) |
1 | AI_Exploit_GB_MR_Au_01 | 598912 | 5362870 | 1.129 | 002D05 | Plutonic ultramafic / Plutonic mafic (Coy Pond Complex) |
2 | AI_Exploit_GB_MR_Au_02 | 598246 | 5362260 | 0.114 | 002D05 | Plutonic ultramafic / Plutonic mafic (Coy Pond Complex) |
3 | AI_Exploit_GB_MR_Au_03 | 598121 | 5361870 | 0.132 | 002D05 | Plutonic ultramafic / Plutonic mafic (Coy Pond Complex) |
4 | AI_Exploit_GB_MR_Au_04 | 598133 | 5360910 | 0.434 | 002D05 | Plutonic mafic (Coy Pond Complex) |
5 | AI_Exploit_GB_MR_Au_05 | 599620 | 5359430 | 0.473 | 002D05 | Plutonic felsic (Partridgeberry Hills Granite) / Plutonic mafic (Coy Pond Complex) |
6 | AI_Exploit_GB_MR_Au_06 | 602085 | 5359150 | 0.145 | 002D05 | Volcanic mafic marine (Coy Pond Complex) |
7 | AI_Exploit_GB_MR_Au_07 | 601318 | 5365620 | 0.215 | 002D05 | Plutonic ultramafic (Coy Pond Complex) |
8 | AI_Exploit_GB_MR_Au_08 | 606342 | 5361360 | 0.367 | 002D05 | Siliciclastic marine (Baie d'Espoir Group) |
9 | AI_Exploit_GB_MR_Au_09 | 608805 | 5368860 | 0.383 | 002D05 | Siliciclastic marine (Baie d'Espoir Group) |
10 | AI_Exploit_GB_MR_Au_10 | 609007 | 5367950 | 0.415 | 002D05 | Siliciclastic marine (Baie d'Espoir Group) |
11 | AI_Exploit_GB_MR_Au_11 | 608224 | 5367000 | 0.093 | 002D05 | Siliciclastic marine (Baie d'Espoir Group) |
12 | AI_Exploit_GB_MR_Au_12 | 598864 | 5364710 | 0.048 | 002D05 | Plutonic ultramafic / Plutonic mafic (Coy Pond Complex) |
National Instrument 43-101 Disclosure
All scientific and technical data contained in this press release was reviewed by Grigor Heba, Ph.D., P.Geo., Principal Geologist at Windfall Geotek and a Qualified Person as defined by National Instrument 43-101.
About Exploits Discovery Corp.
Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The Company is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold's success along the Appleton Fault zone and parallel structures within the Exploits Subzone.
Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada.
About Windfall Geotek - Powered by Artificial Intelligence (AI) since 2005
Windfall is an Artificial Intelligence company that has been in business for over 15 years developing its proprietary CARDS analysis (AI) and data mining techniques. Windfall Geotek can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. It combines available public and private datasets including geophysical, drill hole and surface data. The algorithms designed and employed by Windfall are calculated to highlight areas of interest that have the potential to be geologically similar to other gold deposits and mineralization. The Company's objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining and to continue the Land Mine detection application as a high priority. Windfall has played a part in numerous past discoveries utilizing its methodology as described at: .
On Behalf of the Board
/s/ "Jeff Swinoga"
President and CEO
For more information, please contact:
Shanda Kilborn
VP, Investor Relations
+1 (778) 819-2708
investors@exploits.gold
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.
Acknowledgments
Exploits Discovery would like to acknowledge the financial support of the Junior Exploration Assistance Program from the Department of Natural Resources, Government of Newfoundland and Labrador.
安大略省多倫多--(Newsfile Corp.,2023年6月28日)——Exploits Discovery Corp.(CSE:NFLD)(OTCQX:NFLD)(FSE:634)(“Exploits” 或 “公司”)欣然宣佈,其位於甘德以南約90公里的南部房產中已經確定了至少12個黃金目標。這些目標是由Windfall Geotek使用人工智能(AI)及其對可用歷史數據和專有機器學習過濾技術的彙編產生的。
亮點:
通過Windfall的人工智能處理確定了至少12個單獨的黃金目標。
該研究使用了所有可用的當前和歷史數據,包括4,942份金分析結果。
該項目區域位於紐芬蘭中南部,佔地1,208.75平方公里。
在過去的40年中,該領域只進行了有限的勘探,這使其成爲Windfall行業領先的評估系統的理想候選人。
這些物業提供期權和合資機會。
總裁兼首席執行官傑夫·斯威諾加(Jeff Swinoga)評論說:“隨着我們在Gazeebow聲稱將新的Horseshoe黃金髮現和目標開發進一步推向北方,我們很高興這項新技術能夠幫助我們在相對未開發的南方主張中識別出許多黃金目標。Windfall的預測性人工智能技術給我們留下了深刻的印象,它能夠突出這些特性的已知金礦化範圍之外的新發現的巨大上升空間。”
地質背景:
位於甘德河超鎂鐵帶(GRUB)區域結構中的Great Bend、Middle Ridge和True Grit項目區域(圖1)被認爲對加拿大紐芬蘭省金礦化的動員和集中非常重要。
Great Bend 物業位於 Dunnage Zone 內,包括(從西到東)、紐芬蘭地質調查局繪製的 Coy Pond Complex(CPC)、Baie d'Espoir Group(BDG)和戴維斯維爾集團。該物業的巖性單元多種多樣,包括寒武紀至奧陶紀蛇綠岩超基質(CPC)、奧陶紀長英質到中間島弧火山岩和硅碎屑沉積物(BDG),以及戴維斯維爾集團奧陶紀海洋硅碎屑沉積物。西南物業邊緣包含早期奧陶紀帕特里奇伯裏山花崗岩的東北邊緣,它截斷了蛇綠岩和硅碎屑包裹。
Middle Ridge 物業橫跨被稱爲 Gander River Ultra Mafic Belt (GRUB) 的 Dunnage Zone 的重要區域結構,這是一個區域規模的跨壓縮推力斷層,以不連續的蛇綠岩帶爲標誌,構成了 Exploits Subzone 的最東南邊界。據信,GRUB Line是深層流體流動的潛在管道,也是輸送含金液體的途徑。這種結構在空間上與地帶上的大量金沉積有關,這些金沉積集中在GRUB線的二級和三級結構中,GRUB線位於Exploits Subzone的志留紀硅碎屑沉積物中。
True Grit 物業位於 Exploits Sub Zone 內,該分區由聖約瑟夫灣集團的硅碎屑岩所覆蓋。聖約瑟夫灣地層由粉砂岩、隕石、砂岩和礫岩組成,其中有少量石英絲雲母片巖,被認爲代表改變後的長英凝灰岩。歷史耕作調查導致大量高金粒數(Pickett,1990年),這促使Teck Resources發現了True Grit礦化帶。
表 1:人工智能定義的黃金目標。
Nr | 目標 ID | X(中心) nad83 UTM21 | Y(中心) nad83 UTM21 | 區域 (平方千米) | NTS 表 | 巖性學 (NFLD) |
1 | ai_exploit_gb_mr_au_01 | 598912 | 5362870 | 1.129 | 002D05 | 深巖超鎂鐵質/ 深海魔法(Coy Pond Complex) |
2 | ai_exploit_gb_mr_au_02 | 598246 | 5362260 | 0.114 | 002D05 | 深巖超鎂鐵質/ 深海魔法(Coy Pond Complex) |
3 | ai_exploit_gb_mr_au_03 | 598121 | 5361870 | 0.132 | 002D05 | 深巖超鎂鐵質/ 深海魔法(Coy Pond Complex) |
4 | ai_exploit_gb_mr_au_04 | 598133 | 5360910 | 0.434 | 002D05 | 深海魔法(Coy Pond Complex) |
5 | ai_exploit_gb_mr_au_05 | 599620 | 5359430 | 0.473 | 002D05 | 冥王長英長石 (Partridgeberry Hills Granite) /深井魔法 (Coy Pond Complex) |
6 | ai_exploit_gb_mr_au_06 | 602085 | 5359150 | 0.145 | 002D05 | 火山鎂鐵質海洋(Coy Pond Complex) |
7 | ai_exploit_gb_mr_au_07 | 601318 | 5365620 | 0.215 | 002D05 | 深井超鎂鐵質 (Coy 池塘綜合體) |
8 | ai_exploit_gb_mr_au_08 | 606342 | 5361360 | 0.367 | 002D05 | Siliciclastic 海洋(Baie) d'Espoir 集團) |
9 | ai_exploit_gb_mr_au_09 | 608805 | 5368860 | 0.383 | 002D05 | Siliciclastic 海洋(Baie) d'Espoir 集團) |
10 | ai_exploit_gb_mr_au_10 | 609007 | 5367950 | 0.415 | 002D05 | Siliciclastic 海洋(Baie) d'Espoir 集團) |
11 | ai_exploit_gb_mr_au_11 | 608224 | 5367000 | 0.093 | 002D05 | Siliciclastic 海洋(Baie) d'Espoir 集團) |
12 | ai_exploit_gb_mr_au_12 | 598864 | 5364710 | 0.048 | 002D05 | 深巖超鎂鐵質/ 深海魔法(Coy Pond Complex) |
美國國家儀器 43-101 披露
本新聞稿中包含的所有科學和技術數據均由Grigor Heba博士、P.Geo.、Windfall Geotek首席地質學家、國家儀器43-101定義的合格人員審查。
關於 Exploits Disco
Exploits是一家加拿大礦產勘探公司,專注於收購和開發加拿大紐芬蘭和拉布拉多的礦產項目。該公司專注於在阿普爾頓斷層帶和Exploits Subzon區域內的平行結構中發現類似於New Found Gold在阿普爾頓斷層帶和平行結構上的成功的高品位結構性地帶黃金。
Exploits利用其經驗豐富、才華橫溢的當地團隊和對地質的瞭解,願景是成爲加拿大最成功的探險家之一。
關於 Windfall Geotek——自 2005 年起由人工智能 (AI) 提供支持
Windfall是一家人工智能公司,已經經營了15年以上,開發其專有的CARDS分析(AI)和數據挖掘技術。Windfall Geotek可以依靠一支由地球物理學、地質學、人工智能和數學專業人員組成的多學科團隊。它結合了可用的公共和私人數據集,包括地球物理、鑽孔和地表數據。Windfall設計和採用的算法旨在突出可能在地質上與其他金礦牀和礦化相似的感興趣區域。該公司的目標是通過顯著提高和參與採礦的勘探成功率來開發新的特許權使用費來源,並將地雷探測應用作爲重中之重。Windfall利用其方法在過去的許多發現中發揮了作用,如下所述:.
代表董事會
/s/ “Jeff Swinoga”
總裁兼首席執行官
欲瞭解更多信息,請聯繫:
Shanda Kilborn
投資者關係副總裁
+1 (778) 819-2708
investors@exploits.gold
加拿大證券交易所及其監管服務提供商(該術語在加拿大證券交易所的政策中定義)均不對本新聞稿的準確性承擔責任。
致謝
Exploits Discovery感謝紐芬蘭和拉布拉多政府自然資源部對青少年勘探援助計劃的財政支持。