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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

Post by biggonadson May 02, 2022 1:04pm
68 Views
Post# 34648052

Strong signs of volume following adjacent Sprott investment

Strong signs of volume following adjacent Sprott investment

Leocor seeing some life after a bounce back following promising news about the emerging Newfoundland gold district its projects exist on. Eric Sprott has recently increased his position with NFG with projects adjacent to Leocor, to a personal stake in the company at 31.4%. Many reasons to get behind Leocor, as an undervalued play holding the largest land packet in the district and already returning impressive grades at 407.98 g/t Au. 

https://financialpost.com/commodities/mining/eric-sprott-makes-his-biggest-bet-yet-on-what-he-believes-could-be-the-greatest-gold-discovery-in-the-history-of-canada

 
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