Exploits Reports up to 48.4 g/t Gold from Surface Grab Samples; Fully-Permitted Drill Program at Fenton, Quebec
Grab Grab (US:GRAB) TMX Newsfile·2025-12-16 12:00

Core Insights - Exploits Discovery Corp. has reported positive results from its Phase 1 exploration program at the Fenton gold project in Québec, confirming high-grade gold at surface and identifying multiple drill-ready targets [2][4][10] Exploration Results - The Phase 1 field program confirmed high-grade gold mineralization at surface, with selected grab samples returning assays up to 48.4 g/t Au from massive sulphides, and additional high-grade values in the 9-16 g/t Au range [4][7] - A detailed review of historic drill core revealed high-grade resampled core returning up to 49.0 g/t Au over 0.51 m, confirming the presence of high-grade gold [7][9] - Integration of new fieldwork with historical drilling and electromagnetic data has outlined multiple untested EM conductors and sulphide horizons, indicating potential for additional high-grade gold shoots [7][21] Upcoming Drilling Plans - The company has secured necessary permits and plans to commence a 3,000-5,000 metre diamond drill program in mid-January 2026, targeting step-outs and new EM-based targets around the historical footprint [10][11] - The drilling program will include systematic sampling of sulphide-rich zones and detailed mapping of key structures [11][12] Historical Resource Context - The Fenton project has a historical mineral resource estimate of 63,885 oz Au, which is considered relevant but uncertain due to limited verification and incomplete sampling [2][13] - The historical estimate predates NI 43-101 and cannot be compared to CIM standards, necessitating further work for classification as current [13] Company Overview - Exploits Discovery Corp. is focused on advancing high-grade gold projects in Québec and Ontario, with a commitment to disciplined capital allocation and systematic exploration [17]

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