Inside Exploits Discovery’s (CSE:NFLD) New Growth Strategy - $4M Cash, 680K oz Gold, 3 Provinces
**Inside Exploits Discovery’s New Growth Strategy: A Focus on Gold Ounces, Strategic Acquisitions, and Market Positioning**
In an era where gold prices are once again trending upward and investor interest in tangible assets is rekindling, Exploits Discovery Corp (CSE:NFLD) is charting a strategic course to capitalize on these dynamics. During a detailed interview with Crux Investor on May 30, 2025, President and CEO Jeff Swinoga outlined the company’s latest growth initiatives, emphasizing a shift from grassroots exploration to resource-backed development across multiple provinces in Canada.
### Transition from Grassroots to Resource-Backed Growth
For years, Exploits Discovery built its reputation through grassroots exploration primarily concentrated in Newfoundland. While this approach has laid a solid foundation, Swinoga explained that the company is now pivoting toward acquisitions of advanced-stage projects that offer immediate exploration upside and a clearer path toward resource development. This transition aligns with the broader industry trend of de-risking projects to attract investor confidence and funding, especially during periods of rising gold prices.
With approximately $4 million in cash and a portfolio of around 680,000 ounces of gold in the ground, Exploits is well-positioned to pursue acquisitions that can deliver near-term value. Swinoga emphasized that the company’s strategic focus is on acquiring projects with existing resources, exploration potential, and proximity to infrastructure—factors that can accelerate development timelines and reduce costs.
### The Ontario Flagship: Hawkins Project
A centerpiece of Exploits’ portfolio is the Hawkins Project in Ontario, located in a geological setting reminiscent of the Hemlo camp—one of Canada's most productive gold districts. The project currently hosts an inferred resource of approximately 328,000 ounces at an average grade of 1.65 grams per tonne (g/t) gold, with most of these ounces situated within 200 meters of surface.
Swinoga highlighted that Hawkins is substantially underexplored at depth, drawing a parallel to Hemlo’s history of discovery and expansion through deeper drilling. Hemlo’s transformation from a modest deposit into a 20-million-ounce district underscores the potential for Hawkins if further exploration can unlock additional resources at depth. Exploits has already invested around $10 million historically in the project, supplemented by $2.4 million in assessment credits, presenting a low-cost opportunity for resource expansion.
### Diversification in Quebec: Benoist, Wilson, and Fenton
In Quebec, Exploits acquired three promising properties—Benoist, Wilson, and Fenton—from Cartier Resources. Benoist boasts a historical resource estimate of roughly 240,000 ounces of gold, while Wilson and Fenton have demonstrated high-grade drill hits, visible gold, and significant exploration upside. Strategically located within the prolific Abitibi Greenstone Belt, these assets offer regional diversification and access to a world-class mining infrastructure network.
The Quebec assets exemplify Exploits’ disciplined approach to growth—leveraging existing data and exploration results to prioritize targets that promise efficient, near-term exploration success.
### Capital Strategy and Exploration Focus
A key element of Swinoga’s message is the company’s disciplined capital management. Rather than diluting shareholders with costly and speculative exploration, Exploits employs a “rate-and-rank” system to prioritize drilling targets based on cost-effectiveness and potential return. This method aims to maximize value for shareholders by focusing early exploration efforts on shallow zones that can quickly demonstrate resource growth.
The immediate steps include permitting, refining exploration targets, and conducting shallow drilling, all designed to de-risk the projects and position Exploits for future growth.
### Regional Synergies and Long-Term Outlook
While not an immediate focus, Swinoga also discussed the regional potential of neighboring projects, particularly those owned by New Found Gold (CSE:NFG). Its Queensway Project, located adjacent to Exploits’ claims in Newfoundland, hosts around 2 million ounces of gold. Swinoga noted the strategic importance of regional consolidation, suggesting that long-term collaboration or joint development could unlock further value.
### Conclusion
Exploits Discovery’s strategic pivot toward resource-backed growth highlights a keen awareness of market conditions and investor sentiment. By acquiring advanced-stage projects in Ontario, Quebec, and Newfoundland, supported by a robust treasury and disciplined capital management, the company aims to de-risk its portfolio while positioning for potential reratings as new ounces are added.
For investors and industry watchers, Exploits’ approach exemplifies a balanced and pragmatic pathway to growth—one rooted in existing resources, exploration upside, and strategic regional positioning. As gold prices continue to climb, the company's focus on ounces in the ground and efficient project development could prove prescient.
---
**About Exploits Discovery**
Exploits Discovery Corp is an emerging Canadian gold exploration company focused on advancing its asset base through strategic acquisitions and targeted exploration. Its diversified portfolio spans Newfoundland, Ontario, and Quebec, offering exposure to some of the most prolific gold mining regions in Canada.
---
*For more insights into Exploits Discovery and its projects, visit their profile on Crux Investor or follow their updates for ongoing developments.*
