Crest Ownership: 12,969,476 common shares
- Exploits Discovery Corp. holds 100% interest in four exceptional gold projects with geological, geochemical and structural settings comparable to New Found Gold’s Queensway discovery (DDH 19m at 92.86 g/t Au)
- Jonathan’s Pond & Mt. Peyton projects host anomalies that predate New Found Gold’s discovery
- Exploits Discovery Corp. maintains the largest land package in Newfoundland
- Modern exploration techniques applied to the property presents the opportunity for significant new discoveries
- New geological theories suggest that untested historical gold occurrences on the property are controlled by secondary and tertiary structures of the Exploits Subzone, which could lead to discovery
What Makes the Exploits Subzone a Prime Target for Gold Discovery?
- The Exploits Subzone is a prime environment for true discovery in one of the last easily accessible gold exploration districts in the world
- Prominent regional thrust faulting shows evidence of long tectonic history and fluid migration
- Trans-compressional strike-slip movement in the regional siliciclastic units underlain by mixed mafic volcanics of the Gander River Ultramafic Belt (GRUB) creates a highly prospective gold environment, exemplified by the Bendigo gold deposit in Victoria (Australia), and Meguma gold deposits (Nova Scotia) displaying similar structural and geological controls
- Abundant reactivation features such as sericite seams, iron-rich carbonate hydrothermal alteration and quartz-carbonate veinlets (historically structurally hosted gold was not adequately tested in the area)
Nicholas Rodway, P.Geo., an Officer of the Company serves as a Technical Advisor and is the Qualified Person, as defined by National Instrument 43-101, responsible for reviewing and approving the technical content of all materials publicly disclosed by Crest, including the contents of this website.