The correct statement about the result of John Cabot’s voyages is: A) he explored the newfound land, exploration, discovered, and unknown ocean ready for exploitation.
John Cabot's voyages in the late 15th century led to the exploration of North America and laid the groundwork for later English claims to territory in the New World, particularly in Newfoundland. While Cabot did not find the Northwest Passage or directly impact the pursuit of precious minerals, his explorations contributed to the understanding of the geography of North America and opened the door for further exploration and exploitation of the resources there.