Exploits Discovery Corp. announced assay results from eight recent exploration drill holes at its Bullseye property. Several grains of visible gold were observed within a network of quartz veins in drill hole BE-23-014, located approximately 250 metres north of New Found Gold's recently publicized high-grade intercepts at the Everest gold zone.

The Bullseye claims were staked by Exploits in September 2022, and are contiguous to the very active targets currently being drilled by both New Found Gold and Labrador Gold. The claims are considered by the Company's geologists to be highly prospective because they directly overlay a 1,200 by 400 metre segment of the Appleton Fault and its related splay structures. Over a dozen exploration drill rigs have been employed by the three companies operating within this structural-stratigraphic setting over the past 18 months.