Exploits Discovery eyes resource expansion with high-grade gold projects in Eastern Canada

Core Viewpoint - The gold exploration sector is currently favorable, especially for projects in safe jurisdictions, despite inherent challenges in exploration [1] Company Overview - Exploits Discovery Corp is positioned for success with a focus on well-known mining districts in Eastern Canada and has established a historical resource base of nearly 700,000 ounces in under two months [2][4] - The company aims to build itself into a premier gold exploration entity, emphasizing sustained growth and long-term shareholder value [5] Project Highlights - The Hawkins Gold Project in Ontario has a historic inferred resource of approximately 328,000 ounces at 1.65 grams per tonne gold, with mineralization open along strike and at depth [6] - In Québec, the Benoist project has indicated resources of around 134,400 ounces at 2.87 grams per tonne gold and inferred resources of 107,000 ounces at 2.3 grams per tonne [8] - The Fenton project features a non-compliant historical estimate of 426,173 tonnes grading 4.66 grams per tonne gold, with standout results showing 356 grams per tonne gold [10] - In Newfoundland, the company has secured claims along the Appleton Fault Zone and Dog Bay Line, with high-grade assays identified, including 38.2 grams per tonne gold and 67.55 grams per tonne gold [11][12] Future Plans - The company is advancing permitting, prospecting, and geophysical surveys across its properties, with plans to deliver drilling results later in the summer or early autumn [13] - There is an evaluation of joint ventures for non-core assets to focus on high-grade opportunities [14] Competitive Advantages - Exploits Discovery differentiates itself through scale, location, financial flexibility, and upside potential, with a combined historical resource base of approximately 680,000 ounces across four projects [15] - The company is trading at around $6 per ounce of gold in the ground, significantly lower than peers trading between $40 and $50 per ounce, indicating potential for re-rating catalysts [16] Leadership and Backing - The company has a notable backer in Eric Sprott, who owns 14% of shares, signaling confidence in the team and strategy [18] - The leadership team has extensive experience in the mining sector, with backgrounds in major companies and diverse geographical project experience [19][20] Long-term Outlook - The long-term focus is on growing ounces, improving grades, and pursuing new acquisitions and discoveries [21][22]