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.

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Post by knoxton Oct 18, 2021 1:17pm

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Post# 34018812

Up date on news

Labrador Gold Receives Drill Permit for Appleton Fault Targets, Kingsway Project

18 Oct 202113:07 ET

01:07 PM EDT, 10/18/2021 (MT Newswires) -- Labrador Gold Corp. (LAB.V) has received the Exploration Approval for diamond drilling of regional Appleton Fault Zone targets at its Kingsway Project near Gander, Newfoundland. The Kingsway project is located within the Gander Gold District.

LabGold has mobilized a drill rig to the first target, approximately 800m northeast of Big Vein and the company expects drilling to begin this week.

"We are very excited to begin drilling the most advanced of six prospective gold targets that we have generated and are currently exploring along the Appleton Fault Zone," said Roger Moss, President and CEO of Labrador Gold. "We know this is a very productive fault and the LabGold team has worked hard to get this target to the drill stage. With discoveries first at Big Vein, and more recently at Golden Glove, this anomalous area is next in line for a potential discovery. Now that we have the permit in place, we look forward to testing targets over a four km strike length of the Appleton Fault Zone northeast of Big Vein."

Price: 1.00, Change: -0.04, Percent Change: -3.85

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