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Bullboard - Stock Discussion Forum 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,... see more

CSE:LECR - Post Discussion

Leocor Gold Inc > $LECR: District scale with 7 projects
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Post by waves1 on Mar 21, 2022 6:15pm

$LECR: District scale with 7 projects

Recently heard about an early stage opportunity, Leocor Gold ($LECR.c $LECRF), an exploration and development company, focused on precious metal projects and strategic growth leveraging overlooked, undervalued or underexplored project potential in Newfoundland.

 

$LECR has district scale, Atlantic Gold portfolio encompassing 152,822 hectares of prospective gold claims in three separate mining districts:

  1. Western Exploit District
  2. Baie Verte District
  3. Gander District

 

Previous exploration has confirmed the presence of multiple zones of high-grade gold mineralization with new discovery potential at scale across previously unexplored lands.

 

$LECR's projects include:

  1. Roberts Arm: 42,650-ha advanced gold exploration project
  2. Leamington: 62,300-ha advanced gold exploration project
  3. Hodge's Hill: 39,050-ha advanced gold exploration project
  4. Dorset Gold: 600-ha advanced gold exploration project
  5. Five Mile Brook: 100% owned, 350-ha gold project
  6. Copper Creek: 100% owned, 1025-ha gold and copper exploration project
  7. Startrek Property: 70% owned, 6847-ha gold and exploration project

 

With strong cash in hand, only 54M shares outstanding and an experienced management team, $LECR is looking like a promising early stage opportunity IMO

 

Check out $LECR's corporate presentation here:

https://leocorgold.com/wp-content/uploads/2022/01/Leocor-Presentation-V16-Jan-21-2022.pdf

 

Alternatively, Crescat Capital did an overview of $LECR which you can watch here:

https://www.youtube.com/watch?v=TiowWvgFf08&ab_channel=CrescatCapital

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