Exploits Discovery Corp. announced the results from airborne LiDAR ("Light Diffraction and Ranging") and magnetics (airborne geophysical) surveys flown over its large 100%-owned Gazeebow South claims that straddle the Appleton Fault Zone system in Central Newfoundland. Highlights Include: Identified a complex network of structural disruptions and braided splays along the Appleton Fault Zone.

The local bedrock's deformation levels and trends indicated by these surveys are similar in scope to those displayed by New Found Gold at several high-grade gold discoveries within the Queensway North project, located approximately 17 kilometres to the south. This high-resolution mapping will assist the design of the follow up collection sites from several elevated gold-grain counts generated from the preliminary gold-in-tills sampling program. The Company's goal of advancing several Gazeebow targets to the drill-ready stage during 2024 remains on-schedule.

LiDAR and Magnetics surveys identify a complex network of structural disruptions and anastomosing splays, preferentially occupying the eastern flank of the Appleton Fault Zone as it tracks across the Gazeebow group of exploration claims. These aerial surveys approximately cover a 10 x 5-kilometre segment of under-explored sedimentary stratigraphy directly influenced by the emplacement of the Appleton faulting. This high-resolution mapping cost-effectively provides Exploits staff with two additional data sets that will be merged with their results from prospecting, mapping, and boots-on-ground site investigations that are currently underway.