Jeff Swinoga, President and CEO of Exploits Discovery (CSE:NFLD – OCTQX:NFLDF – FSE:634) joins me to recap the July 15th news release announcing a new discovery on the Bullseye Project, in Newfoundland. With 3 holes released, Hole 15, was the headline hole, intersecting 67.55 g/t Au over 3.30 m in the Saddle Zone.
These drill results are part of a 12-hole, 2,500-meter drilling program. Jeff elaborates on the significance of this discovery, its proximity to Newfound Gold’s discoveries, and the anticipated future results. He discusses the relationship of this discovery to the Appleton Fault.
We also discuss the market’s reaction, which was a huge volume increase but limited share price movement.
Please email me with any follow up questions for Jeff. My email address is Fleck@kereport.com.