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Bullboard - Stock Discussion Forum 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... see more

TSXV:LAB - Post Discussion

Labrador Gold Corp > We are on our way!!! GREAT RESULTS!!!
View:
Post by Warlockkk on Jun 03, 2021 8:10am

We are on our way!!! GREAT RESULTS!!!

LABRADOR GOLD INTERCEPTS 20.6 G/T OVER 3.6 METRES AND 10.48 G/T OVER 2.4 METRES AT BIG VEIN
Comment by Warlockkk on Jun 03, 2021 8:28am
Now just like NFG, just like Fosterville, follow the small veins to the bigger veins, to the bigger veins...It will take some time and drilling to get a handle on the lay of things but soon they will have it figured out. THIS IS VERY EXCITING!
Comment by VENMan on Jun 03, 2021 8:58am
Why are these GREAT RESULTS, could someone please explain? I thought you needed at least a length of 10 meters of gold for results to be great. Thanks 
Comment by Warlockkk on Jun 03, 2021 9:10am
VENMan, It's not so much about the results as it is about the geology. They have just proved that they have the same geology as NFG which has the same geology as FOSTERVILLE!
Comment by VENMan on Jun 03, 2021 9:27am
Warlockkk, Thank You for your help! 
Comment by lifegoeson on Jun 03, 2021 9:42am
Warlockkk, I agree, its about the geology, everyone is expecting the big type hole that NFG produced at their Discovery Hole, well that took some time to find for those that know about this play and the previous drilling, they just didn't drill one hole and find it...!!! Here is a quote from the Press Release, "Now that we have found the high-grade, we will focus on tracing it down plunge ...more  
Comment by Warlockkk on Jun 03, 2021 10:04am
"with assays for additional holes containing visible gold to come". I'm with you lifegoeson, I like everything about LAB, very cost effective and well thought out drilling, starting with 50m holes, then follow the bread crumbs, just like NFG. With gold down $40.00 today there are bargains to be had. Just picked up more LAB even though I paid almost triple the price of my first buys.
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