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Labrador Gold Corp V.LAB

Alternate Symbol(s):  NKOSF

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 DrNo1962on Oct 21, 2021 4:57pm
234 Views
Post# 34034887

RE:LAB video

RE:LAB videoMy understanding is it's a 50km program - approx. 15km drilled - approx. 10km assays reported - approx. $33M in the bank. So yes results pending for a while now - they are filling in HTC zone and we were told they seem to have a good handle on where it's going. Seems they are being very methodical about spending $ - taking a while but smart move IMO.
braindeadoldguy wrote: Roger said they have 12 kilometers of Appleton fault in their territory.  They have a 40K drill program, of which 15K has been drilled.  Of the 15K drilled, they have results from about 50% to 65% or so, meaning results are pending.  Do I have this right?

I am questioning why only 15K have been drilled since May with 4 riggs and full bank account.


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