Northwire Canada EditionThursday, August 6, 2026
Northwire
ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
Drill Results

Exploits Reports up to 48.4 g/t Gold from Surface Grab Samples; Fully-Permitted Drill Program at Fenton, Quebec

NFLD · Price

Executive Summary

  • Exploits Discovery Corp. reported high‑grade gold intercepts from Phase 1 field work and historic core resampling at its Fenton project, including up to 49.0 g/t Au over 0.51 m.
  • Surface grab samples returned as high as 48.4 g/t Au from massive sulphide lenses.
  • The company secured all required forest‑intervention permits and has contracted a Québec‑based diamond drilling contractor for a 3,000–5,000 m drill program slated to start mid‑January 2026 targeting historic high‑grade zones, EM conductors and newly mapped surface anomalies.

Key Details

  • Resampled Historic Core (Hole 1391‑20‑36): 49.0 g/t Au over 0.51 m (145.08–145.59 m) confirming earlier 25.7 g/t Au over 1.0 m interval.
  • Surface Grab Samples:
  • Up to 48.4 g/t Au from massive pyrite‑pyrrhotite lenses in sulphide‑rich basalt.
  • Additional high‑grade assays: 15.6 g/t, 11.9 g/t, and 9.16 g/t Au from sulphide‑rich basalt and graphitic units.
  • Untested Targets Identified: Multiple EM conductors and sulphide horizons interpreted as prospective for additional high‑grade shoots outside the historic footprint.
  • Permits Secured: Autorisation de travaux d’interventions en milieu forestier (ATI) and Permis d’intervention en milieu forestier (FIP) from Québec Ministry of Natural Resources and Forests.
  • Drill Program Plan: 3,000–5,000 m diamond drilling to commence mid‑January 2026; program will test:
  • Area around historic 356 g/t Au over 0.6 m intercept.
  • Strong EM conductors along strike from known mineralization.
  • Newly mapped surface anomalies and sulphide‑bearing deformation zones not previously drilled.
  • Future Reporting: Results to be released on a timely basis as received and interpreted.
  • Additional Projects: Wilson and Benoist field programs completed; results pending separate release.

Notable Quotes

“Phase 1 work at Fenton has exceeded our expectations… The next step is to test step‑outs and new EM‑based targets around the historical footprint that were never followed up.” – Jeff Swinoga, President & CEO


Materiality Assessment: Material – Positive** (significant high‑grade assay results and commencement of a drill program at a fully permitted project)

Read the original news release →

More from Exploits Discovery Corp.