Exploits Gold Corp, (49.6% Crest ownership)

High-Grade Samples:

  • High-grade gold in outcrop up to 164 g/t Au, float boulders with visible gold up to 700 g/t Au, and till samples on the property up to 52,000 ppb Au (Keats, 2004)
    • Out of 14 till samples taken in 2004, grades ranged from 820 ppb Au to 52,000 ppb Au
  • Highest grade Arsenic lake sediment sample in Newfoundland

Commanding Land Position:

  • 100% ownership of a 220.25 km2 land position in the Exploits Subzone which hosts significant gold deposits in Newfoundland and Labrador

Proven Exploration Model:

  • Exploration model comparable to Kirkland Lake Gold’s Fosterville Mine model which contains high-grade structurally hosted epizonal gold

Prospective Geophysical Signatures:

  • Magnetic and Very Low Frequency (VLF) geophysical surveys on the property indicate numerous prospective structures

Strong Management Team:

  • Extensive experience dedicated to exploration across Newfoundland
  • Proven track record of increasing asset value

Project Overview

Exploits Gold holds 100% interest in two 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)

  • Mt. Peyton Project ~ 188.50 km² Land Package
  • Outcrop samples up to 164 g/t Au
  • Drilling up to 2m @ 6 g/t Au at surface
  • Jonathan’s Pond Project ~ 31.75 km² Land Package
  • Outcrop samples up to 29 g/t Au
  • Float samples up to 700 g/t Au
  • Modern exploration techniques applied to the property presents the opportunity for significant new discoveries
  • New untested geological theories suggest that gold emplacement is within structural corridors of the Exploits Subzone which could lead to discovery
  • This is the technique that drove the discovery of New Found Gold’s Queensway discovery
  • The Exploits Subzone is potentially one of the worlds last easily accessible district scale gold camps
  • Property is accessible by the Trans Canada Highway

  • Mt. Peyton Project (west group of claims) is located 2 km west of the New Found Gold Corp. discovery and focuses on the Mt. Peyton Linear and the Queensway style structural targets 
  • Jonathan’s Pond Property (east group of claims) is located 17 km NE of the New Found Gold Corp. discovery along the Dog Bay Line and is bounded by the same thrust fault to the east & west

Property Highlights – Jonathan’s Pond Project

  • Historical trenching done by local prospectors revealed visible gold in quartz veins but was never assayed (Keats, 2004)
  • Outcrop and float samples with visible gold up 29 g/t Au and 700 g/t Au, respectfully, in trenches and till samples up to 52,000 ppb Au on west claims (Keats, 2004) 
  • Magnetic geophysical signatures outline multiple highly prospective structures beneath overburden

Property Highlights – Mt. Peyton Project

  • Structurally hosted gold targets around the NW-SE trending Mt. Peyton Linear (black dotted line on map)
  • Historic field work defined high-grade mineralization along the Mt. Peyton Linear with a strike length of over 7km 
  • High-grade gold in outcrop sampled by previous operator contains values up to 164 g/t Au (Noranda, 1991)
  • Historical drilling in the southernmost claims yielded 6 g/t Au over 2 meters near surface (Noranda, 1991)
  • As + Sb signatures in in tills correspond with VLF conductors and are proven to be closely associated with gold mineralization in the area (Rubicon Minerals, 2003) 

Epizonal Style Gold Comparables

Exploits Gold

  • Two epizonal and structurally hosted gold projects with visible gold in core, tills up to 410,000 ppb Au and float boulders with grades up to 700g/t Au 
  • Underexplored with similar geology, structure and potential to New Found Gold’s Queensway project. 

New Found Gold Corp. (Private)  (Adjacent and along trend to Exploits Gold)

  • Queensway Discovery – 92.86 g/t Au over 19m within structurally hosted gold in an underexplored regional play - $160M market cap

Sokoman Minerals Corp. (TSX.V.SIC) (10km west of Exploits Gold)

  • Drilling Highlights - 11.90 m @ 44.96 g/t Au,  24.90 m @ 33.56 g/t Au., 5.10 m @ 124.20 g/t Au - $21M market cap

Marathon Gold (TSX.MOZ), Valentine Lake (180km south west of Exploits Gold)

  • Development level project with >4 Moz gold reserve - $400M market cap

*Mineralization hosted on adjacent and/or nearby and/or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s property.

The technical portion of this website has been reviewed and approved by Nicholas Rodway, PGeo, vice-president of corporate development, and a shareholder of Crest, a qualified person as defined under National Instrument 43-101.