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Toronto, Ontario (Newsfile Corp. - January 14, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ( GoldSpot or the Company ) and Exploits Discovery Corp (CSE: NFLD) ( Exploits ) are pleased to announce they have identified secondary faults parallel to the mineralized Appleton fault which hosts New Found Gold Corp s ( NFGC ) discovery hole, on its Mt. Peyton Project. GoldSpot is a shareholder of Exploits.
GoldSpot and Exploits are proud to announce, that through GoldSpot s historical compilation, re-interpretation, and data analysis techniques, it has identified a secondary parallel structure approximately 3.5 Kilometers west of NFGC s Keats discovery zone on its Appleton Fault. This newly identified northeast-southwest trending structure, termed the Schooner Fault, lies coincident with Torq Resources 2017 till program in which they reported anomalous gold till results in close proximity to the interpreted zone. The Schooner Fault is recommended by GoldSpot for additional fo
/PRNewswire/
St. James Gold Corp. (TSX – V: LORD) (OTC: LRDJF), the Company is pleased to announce that it has secured the sole and exclusive option to acquire a 100% interest in the Quinn Lake Claims comprising two contiguous map-staked mineral licenses, for a landholding of 1,730 acres (the Property ) in the emerging prolific central Newfoundland island gold district. Entered into at arm s length, the Property is adjacent to Marathon Gold. s Valentine Lake property where over 4 million ounces of gold have been developed to pre-feasibility, and situated 17 km northeast from the Marathon gold deposit and along strike of the main gold bearing structure in the district, the Valentine Shear Zone. The Property is accessible by a network of well-maintained seasonal gravel resource roads originating at Millertown approximately 35 km to the north.
Ethos Gold Corp.: Ethos Increases Newfoundland Project Holdings to 115 km(2) Covering Multiple Gold Targets Over 28 km of Strike Length
Ethos Gold Corp. (TSXV: ECC) (OTCQB: ETHOF) (
Ethos or the
Company ) is pleased to announce that it has entered into two earn-in agreements under which Ethos may earn a 100% interest in the 6,350 hectare (63.50 km
2) Toogood claim group and the 1,800 hectare (18 km
2) McGrath claim group located on New World Island, approximately 65 km north of Gander, Newfoundland. These projects are situated to the north-east of the Company s Deep Cove and Virgin Arm properties with good access by paved and gravel roads and trails (see Figure 1). The Deep Cove, Virgin Arm, McGrath and Toogood claims will be collectively referred to as the
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Vancouver, British Columbia (Newsfile Corp. - December 17, 2020) -
K9 Gold Corp. (TSXV: KNC) (OTC Pink: WDFCF) (FSE: 5GP) ( K9 or the Company ) is pleased to provide this year-end review of exploration work at its Stony Lake gold project, Central Newfoundland, and to outline plans for an aggressive exploration program in 2021.
During a condensed field program in 2020, the company completed several airborne surveys, including Versatile Time-Domain Electromagnetic (VTEM), LiDAR and Orthophotography. A program of till sampling was completed, as was a two-week field mapping and sampling program. Results are starting to come in, and will be interpreted over the coming weeks.
K9 Gold Corp.: K9 Gold Receives Approval for Trenching Program
Vancouver, British Columbia (Newsfile Corp. - December 10, 2020) - K9 Gold Corp. (TSXV: KNC) (FSE: 5GP) ( K9 or the Company ) is pleased to announce approval has been granted by the Newfoundland Department of Natural Resources, Mineral Lands Division. This will allow the Company to complete trenches in two high priority target areas, the Jumper s Pond and Rabbit Track areas, in the northern part of the property. In both areas, multiple rock and float samples have assayed >1.0 g/t Au. The trenching program will assist in identifying the trend of the bedrock anomalies, which will then be used to develop a diamond drilling program.