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GoldSpot Discoveries Corp.: GoldSpot Discoveries Identifies New Structure Parallel to New Found Gold's Discovery for Exploits Discovery


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Toronto, Ontario (Newsfile Corp. - January 14, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ( GoldSpot or the Company ) and Exploits Discovery Corp (CSE: NFLD) ( Exploits ) are pleased to announce they have identified secondary faults parallel to the mineralized Appleton fault which hosts New Found Gold Corp s ( NFGC ) discovery hole, on its Mt. Peyton Project. GoldSpot is a shareholder of Exploits.
GoldSpot and Exploits are proud to announce, that through GoldSpot s historical compilation, re-interpretation, and data analysis techniques, it has identified a secondary parallel structure approximately 3.5 Kilometers west of NFGC s Keats discovery zone on its Appleton Fault. This newly identified northeast-southwest trending structure, termed the Schooner Fault, lies coincident with Torq Resources 2017 till program in which they reported anomalous gold till results in close proximity to the interpreted zone. The Schooner Fault is recommended by GoldSpot for addi ....

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