Leocor Gold has completed its previously announced private placement for gross proceeds of $1,000,000. In connection with completion of the Offering, the Company has issued 20,000,000 units at a price of $0.05 per Unit. Each Unit consists of one common share of the Company and one-half of one transferable common share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional share at a [...]
Leocor Gold is pleased to provide an update on its upcoming drill campaign at its Baie Verte project, which comprises both the Copper Creek and Dorset Gold Projects. The drill program is scheduled for up to 5000 metres of drilling primarily targeting copper targets at Copper Creek, and gold targets within the adjacent Dorset claims. Drill targets have been finalized and the Company is eager to drill the large copper [...]
Leocor Gold is pleased to update drill plans at its Baie Verte project, which comprises both the Copper Creek project and the Dorset Gold Project. The Company has engaged Resourceful Geoscience Solutions of Halifax, Nova Scotia, to execute the program, which will consist of up to 5000 metres of diamond drilling with a budget between CDN $1M and $1.5M, primarily targeting copper targets at Copper Creek, and gold targets [...]
Leocor Gold announces that it has converted 2,223,529 pre-funded special warrants of Intrepid Metals Corp. The Special Warrants were previously acquired by the Company on January 5, 2024 in connection with a strategic investment in Intrepid. No additional consideration was payable by the Company in connection with conversion of the Special Warrants. Following conversion of the Special Warrants, the Company has received [...]
Leocor Gold is pleased to update shareholders on recent significant news from Intrepid Metals. In January of this year, the Company announced the completion of a CDN $3M strategic investment in Intrepid for the purpose of advancing Intrepid's world class copper and gold projects in Arizona. On July 9, Intrepid announced final results from its initial drill program on the Corral Copper Property in Cochise County, Arizona [...]
Leocor Gold is pleased to update shareholders on recent significant news from Intrepid Metals. In January of this year, the Company announced the completion of a CDN $3M strategic investment in Intrepid for the purpose of advancing the company's world class copper and gold projects in Arizona. On May 1, Intrepid announced the results of the first 12 holes drilled at its Corral Copper property, located in Cochise County [...]
Leocor Gold is pleased to announce that it has closed its non-brokered private placement and has issued 38,300,000 units at a price of $0.05 per Unit for gross proceeds of $1,915,000. Each Unit consists of one common share of the company and one-half of one common share purchase warrant, entitling the holder thereof to purchase one additional share at a price of $0.10 until April 19, 2027. The Company intends to use the [...]
Leocor Gold is pleased to announce that due to overwhelming demand, the Company is increasing its private placement announced on April 4, 2024, to $1,900,000 and the placement is fully-subscribed. The Company expects the placement to close on or about April 18, 2024. All securities issued in connection with the placement will be subject to restrictions on resale in accordance with applicable securities laws. The Company [...]
Leocor Gold Inc. is pleased to announce plans for summer exploration programs at its Baie Verte project, which comprises both the Dorset Gold Project, and the Copper Creek project. The Company is targeting its Baie Verte holdings with multiple drill programs this summer. The scope and details are currently under discussion and will be released upon finalization in the coming weeks. The Dorset Gold Project is already [...]
Leocor Gold announces that it has completed its strategic investment in Intrepid Metals Corp. The Company has subscribed for and acquired 6,600,000 units and 2,223,529 pre-funded special warrants of Intrepid at a price of $0.34 per Unit and Special Warrant for an aggregate investment of $3 million. Each Unit consists of one common share of Intrepid and one common share purchase warrant entitling the Company to acquire one [...]
Leocor Gold announces that it has reached an agreement to complete a strategic investment in Intrepid Metals Corp. It is contemplated that the Company will subscribe for 8,823,549 units of Intrepid in a non-brokered private placement currently being completed by Intrepid. Each Unit will consist of one post-Consolidation common share of Intrepid and one common share purchase warrant at a price of $0.34 per Unit for an [...]
Leocor Gold is pleased to report significant RAB drilling results from the recently completed drill program on the Dorset Project within the Company's Baie Verte District landholdings. These results are highlighted by hole DORRAB23-004 which returned 0.226 g/t gold over 32m starting at surface. This includes 1.01 g/t Au over 1.52m starting at surface and 0.464 g/t Au over 1.52m from 32m. A total of 14 RAB holes were [...]
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