Exploits Discovery Corp

Financials:

Primary ticker: CSE:NFLD
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Gazeebow and Bulls Eye
Project location: Canada
Website: exploitsdiscovery.com

Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The Company is actively exploring its gold projects in the Exploits Subzone, covering approximately 2,000 square kilometres of mineral tenements. The Company’s Exploration 2.0 methodology is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold’s success at the Keats and Lotto Zones in the Appleton zone. Exploits is leveraging its local team and geologic understanding to become one of the most extensive explorers in the Exploits Subzone.

Cash: CAD$10M
Debt: NIL

Major shareholders:
Eric Sprott – 18%
New Found Gold – 11%
Sprott Asset Management – 6%
Management Ownership – 1%

Management Profile

Jeff Swinoga – President, CEO & Director

Mr. Swinoga is a highly accomplished mining executive with over 25 years of executive and management experience in the areas of capital markets, project advancement, development and project construction. Most recently, he was the National Mining and Metals co Leader at EY Canada. Previously he was President and CEO of First Mining Gold, Chief Financial Officer (“CFO”) of Torex Gold Resources where, during his four-year tenure, he led the US$400 million financing of Torex’s US$800 million El Limon-Guajes gold mine on the Morelos property and led his team during Torex’s transition from an exploration and development company to a mid-tier gold producer.

What is your rationale for taking part in 121 Mining Investment?

With an $18 million mkt cap, of which $10 million is cash, Exploits wishes to educate investors on the opportunities and potential of the recently staked claims and inform current and new shareholders on our current exploration program and plans for next year.

What recent news would you like to highlight to investors attending?

Oct 19, 2022 EXPLOITS STAKES ADDITIONAL CLAIMS ALONG THE APPLETON FAULT CORRIDOR

Sept 27, 2022 EXPLOITS ACQUIRES CLAIMS IN VICINITY OF RECENT HI-GRADE GOLD DISCOVERIES WITHIN CENTRAL NEWFOUNDLAND

Northern Miner Feature: Exploits hopes to make the next big gold discovery in Newfoundland

Sept 14, 2022 EXPLOITS ACQUIRES CLAIMS NORTH OF GAZEEBOW

Aug 23, 2022 EXPLOITS COMMENCES DRILLING AT TITAN GOLD TARGET

What are your key goals in 3 months, 6 months, 12 months?

3 Months:

Initiate aggressive exploration program on new claims (Bullseye) near New Found Gold and Labrador Gold leading to a results dependent drill campaign.

Identify New Targets for 2023 exploration programs outside of the new claims.

Wrap up summer field work appraising potential of Duder, Gazeebow, and Titan properties.

6 Months:
Drilling decision on new claims that are in close proximity to recent high grade gold discoveries. Currently New Found Gold and Labrador Gold have multiple drills turning on either side of our recently acquired Bullseye Claim.

12 Months:
Continue to advance the high grade potential of the new claims through focused, results driven concentrated drilling. Identify new gold targets for 2024.

What do you think makes your company such a compelling investment?

Looking to expedite exploration program and drilling decision on newly staked claims.
Undervalued: currently (Oct 2022) well-funded with ~$10M in cash, market cap of $18M = EV of $8M for all existing claims plus recently staked new claims.
Seasoned management team, and dynamic and mostly local technical team.

What are the top 3 key investor takeaways?

Well-funded, strategic land position along the Appleton Fault Corridor, and supportive large shareholders.