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Leocor Gold Inc C.LECR

Alternate Symbol(s):  LECRF

Leocor Gold Inc. is a Canada-based resource company. The Company is involved in the acquisition and exploration of precious metal projects, with a focus in Atlantic Canada. It controls various gold-copper projects in exploration ground located within the prolific Baie Verte Mining District. Its Bae Verte portfolio includes the Dorset, Dorset Extension, Copper Creek and Five Mile Brook projects, creating a contiguous approximately 2,000 hectares (ha) exploration corridor. The Company also controls three district scale land packages in North Central Newfoundland: Robert's Arm, Hodge's Hill, and Leamington, (collectively Western Exploits) representing over 144,000 ha of prospective exploration. Robert's Arm Project is located in the north-west corner of the Western Exploit District at 42,650 ha in size. Hodge's Hill Project consists of 39,050 ha located in the south-west corner of the Western Exploit District. Leamington Project covers 16 mineral licenses for a total of 2492 claims.


CSE:LECR - Post by User

Leocor Gold Inc
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Post by Stockydocon Apr 12, 2022 4:50pm
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Post# 34598289

$LECR is well positioned financially

$LECR is well positioned financiallySome details on $LECR if you're new here.

- Q1 2022 financials showed cash position of $8.07M and a working capital of $8.05M
- Prolific prospector Shawn Ryan, tagged by the New York Times as the king of a new Yukon Gold rush, is on the team as a technical advisor and introduced the company to Newfoundland
- $LECR's Atlantic Gold Portfolio covers 152,822 hectares over three mining districts: The Western Exploit District, Baie Verte District, and Gander District.

The company is in a great position cash/capital wise and also has tons of land that is relatively under explored in Newfoundland. With Shawn Ryan's data suggesting new discovery potential, this is a stock I'll be keeping an eye on.

https://leocorgold.com/about/
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