Labrador Gold Corp V.LAB

Alternate Symbol(s): NKOSF

Metals & Mining Gold

Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company’s properties include Hopedale Property, Borden Lake Property, and Scotch Property. The Hopedale property comprises 998 claims on five licenses covering 249 square kilometers of the Florence Lake greenstone belt. The Hopedale property covers much of the Florence Lake greenstone (FLGB) belt that stretches over 43 km. The belt is typical of greenstone belts around the world but has been underexplored for gold by comparison. The eastern portion of the Florence Lake greenstone belt lies along tidewater southwest of Hopedale. The Company has a 100% undivided interest in the Borden Lake Property located near Chapleau, Ontario. Borden Lake Extension (BLE) consists of approximately 219 claims. The Company’s Scotch Property is located southwest of Moncton, New Brunswick and consists of 21 claims.

TSXV:LAB - Post by User

Labrador Gold Corp

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Comment by canadian0308on Sep 12, 2017 5:06am

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Post# 26683329

RE:News Release<< WOW>>>

Maybe I have miss some details but how does 750,000 cash and 2 million of NIK shares rich? 2% NSR is normal, even $2 million for 1% is on the high side but you don't have to pay if you don't produce. The potential costly term is $1 per ounce of gold in measured and indicated, but if you ask 10 companies, 10 will answer you they are happy to pay $10 million for a good chance finding 10 million ounces of gold deposits.

Just my opinion.

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