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Labrador Gold Corp NKOSF


Primary Symbol: V.LAB

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

Comment by Flyderon Aug 18, 2021 7:30pm
295 Views
Post# 33728061

RE:RE:RE:LAB intersection - detailed

RE:RE:RE:LAB intersection - detailedProbably more a problem of 'close-iology' to NFG, whose grades blow LAB's results out of the water  While a good intersection at a nice shallow depth, the grades aren't really expanding out into a 'deposit', the way NFG has shown at Keats.  Not that Big Vein couldn't expand with more drilling, but for now it isn't nearly as flashy as what NFG comes up with in multiple different zones.  And LAB only has one target, so far, compared to NFG's multiple targets.  LAB may have to come up with grades similar to NFG grades to move past this $1.20-1.30 mark, and more consistency across numerous holes.
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