Northwire Canada EditionSunday, July 26, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Exploits Kicks off Diamond Drill Program at Its Fenton Gold Project

NFLD · Price

Executive Summary

  • Exploits Discovery Corp. has commenced the first priority phase (~1,400 m) of its fully‑permitted diamond drill program at the 100 % optioned Fenton gold project in Québec.
  • The initial drilling will test historic high‑grade zones (e.g., 356 g/t Au over 0.6 m) and geophysical targets that could extend mineralization along strike and at depth.
  • The broader winter campaign is planned for up to 5,000 m pending results, positioning the company to expand its gold resource base and support its Québec growth strategy.

Key Details

  • Program Scope: Initial “priority phase” of approximately 1,400 m; total winter campaign target 3,000–5,000 m subject to field conditions and drill results.
  • Target Objectives:
  • Follow‑up on known high‑grade mineralization (e.g., historic intercepts of 356 g/t Au over 0.6 m).
  • Test several strong electromagnetic conductors and magnetic corridors interpreted as sulphide‑rich or structurally controlled zones prospective for high‑grade gold.
  • Project Overview: Fenton Project consists of 18 contiguous claims covering ~760.7 ha; Exploits holds a 100 % option to acquire the interest from Cartier Resources Inc., subject to agreement terms and royalties.
  • Historical Results (referenced):
  • Surface grab samples up to 48.4 g/t Au.
  • Resampled historic core showing 49.0 g/t Au over 0.51 m gravimetric.
  • Drill Core Handling & QA/QC:
  • Core split in half; one half sent to AGAT Laboratories (ISO/IEC 17025 accredited) for fire‑assay with atomic absorption finish and multi‑element ICP analysis.
  • QA/QC program includes certified reference materials, blanks, duplicates (~5 % of samples); high‑grade samples (>10 g/t Au) re‑assayed using metallic screen methods.
  • Qualified Person: Technical review approved by Mark Richardson, P.Geo. (OGQ Permit No. 10929), a qualified person under NI 43‑101.
  • Management Quote: Jeff Swinoga, President & CEO, emphasized that the drill start is “an important step in executing our Québec growth strategy of growing our gold ounces” and noted the market’s undervaluation of the company on a pro forma basis.

Notable Quotes

“This is an important step in executing our Québec growth strategy of growing our gold ounces,” – Jeff Swinoga, President & CEO.


All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

More from Exploits Discovery Corp.