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Labrador Gold Corp V.LAB

Alternate Symbol(s):  NKOSF

Labrador Gold Corp. is a Canadian based company engaged in the exploration and development of gold properties in Canada. Its flagship mineral property is the Kingsway Gold Project located near Gander, Newfoundland.


TSXV:LAB - Post by User

Comment by BlindBoyon Nov 06, 2020 1:59pm
161 Views
Post# 31852628

RE:Info

RE:Info
exactly.  This is an excerpt from a July report by ATAC on the Yukon program: 

2020 Exploration Overview:

  • Phase one: excavator trenching, 1,500 m of RAB drilling, mapping and prospecting to develop diamond drill targets at the Airstrip target, which hosts the largest gold-in-soil anomaly (11.5 km2) on the property;
  • Phase two: 3,000 m diamond drill program at Airstrip and 1,500 m of RAB drilling at regional targets;
  • Trenching, prospecting, hand pitting, soil sampling, mapping and RAB drilling on regional early-stage geochemical targets, including the Val target, where 2019 prospecting returned a highlight sample of 11,663 g/t silver, 76.4% lead, and 2.59% copper.

An eight ton excavator was recently relocated from the eastern end of the Rackla Gold Project to the Rau Airstrip in preparation for the start of exploration work. The excavator will be used to develop a system of trails and trenches across the Airstrip anomaly.Trail cuts and trenches will be systematically mapped, prospected and sampled to define track-mounted RAB and diamond drill targets. RAB drilling will utilize a downhole televiewer to collect oriented downhole images, allowing for structural interpretation and lithological and alteration logging.

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