$LECR: District scale with 7 projects Recently heard about an early stage opportunity, Leocor Gold ($LECR.c $LECRF), an exploration and development company, focused on precious metal projects and strategic growth leveraging overlooked, undervalued or underexplored project potential in Newfoundland.
$LECR has district scale, Atlantic Gold portfolio encompassing 152,822 hectares of prospective gold claims in three separate mining districts:
- Western Exploit District
- Baie Verte District
- Gander District
Previous exploration has confirmed the presence of multiple zones of high-grade gold mineralization with new discovery potential at scale across previously unexplored lands.
$LECR's projects include:
- Roberts Arm: 42,650-ha advanced gold exploration project
- Leamington: 62,300-ha advanced gold exploration project
- Hodge's Hill: 39,050-ha advanced gold exploration project
- Dorset Gold: 600-ha advanced gold exploration project
- Five Mile Brook: 100% owned, 350-ha gold project
- Copper Creek: 100% owned, 1025-ha gold and copper exploration project
- Startrek Property: 70% owned, 6847-ha gold and exploration project
With strong cash in hand, only 54M shares outstanding and an experienced management team, $LECR is looking like a promising early stage opportunity IMO
Check out $LECR's corporate presentation here:
https://leocorgold.com/wp-content/uploads/2022/01/Leocor-Presentation-V16-Jan-21-2022.pdf
Alternatively, Crescat Capital did an overview of $LECR which you can watch here:
https://www.youtube.com/watch?v=TiowWvgFf08&ab_channel=CrescatCapital