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 [...]
Leocor Gold is pleased to announce that RAB drilling has begun on the Dorset Project within the Company's Baie Verte District landholdings. The Baie Verte District is home to the Point Rousse gold mine now owned by Signal Gold and the Ming copper and gold mine belonging to Rambler Metals and Mining. "We are excited to announce the beginning of our RAB drilling at Dorset as part of Leocor's planned $1.2 million 2023 [...]
Leocor Gold is pleased to announce a $1.2 million exploration plan for its gold projects. With over 150,000 hectares within the Central Newfoundland Gold Belt, targeting and exploration plans have been finalized for all three district-area claim groups. The budget includes soil sampling, ground geophysics, prospecting and RAB drilling. RAB drilling, an effective a heli-portable, wireless remote-controlled drill rig with [...]
Leocor Gold is pleased to provide an exploration update for its gold projects located in Newfoundland, Canada . With over 150,000 hectares within the Central Newfoundland Gold Belt, targeting and exploration plans have been finalized for the Dorset and Startek gold properties. The Central Newfoundland Gold Belt hosts such notable deposits such as Marathon Gold's Valentine gold project and the Queensway gold project [...]
Leocor Gold is pleased to provide an exploration update for its over 150,000-hectare combined gold projects. The following summaries encompass exploration work to date at each of the Company's five prospective gold projects. Work programs for the 2023 field season are being finalized presently and will be announced in the coming weeks. Dorset 34 rock samples taken. 442 soil samples 18 RAB drill holes - 1023 meters - 681 [...]
Leocor Gold is pleased to announce it has received Rotary Air Blast drill results on the Company's Baie Verte project located near Anaconda Mining's Pine Cove Mine and Rambler Metal's Ming Mine in northwestern Newfoundland. The Phase 1 program tested at least six different target areas for gold and/or copper mineralization with 18 RAB drill holes and was designed to follow up on previously announced soil and GT Probe [...]
Leocor Gold Inc. is pleased to announce that it has entered into an option to purchase agreement, dated September 14, 2022, with an arms-length party, pursuant to which it has been granted the right to acquire the Joes Lake Property. The Property consists of a 300-hectare exploration-stage parcel located in the Province of Newfoundland. Pursuant to the Option Agreement, the Company can acquire the Property by completing a [...]
Leocor Gold Inc. is pleased to announce the results of 2021 exploration on the previously unexplored Hodges Hill Property within the Exploits Project. The 2021 exploration program consisted of soil sampling, LiDAR surveys, and airborne magnetic-VLF surveys and identified a series of soils anomalies, up to 1081.5 ppb Au, over 12 newly identified target areas. Follow up work on the results including geologic mapping [...]
Leocor Gold Inc. is pleased to announce it has completed mobilization of a Rotary Air Blast drill and initiated drilling on the Company's Baie Verte project located near Anaconda Mining's Pine Cove Mine and Rambler Metal's Ming Mine. The Phase 1 program will test at least 6 different target areas for gold and/or copper mineralization with 25 - 30 RAB drill holes and is designed to follow up on previously announced soil [...]
Leocor Gold Inc. is pleased to announce it has mobilized a Rotary Air Blast drill to the Company's Baie Verte project located near Anaconda Mining's Pine Cove Mine and Rambler Metal's Ming Mine. The Phase 1 program will test at least 6 different target areas for gold and/or copper mineralization with 25 - 30 RAB drill holes and is designed to follow up on previously announced soil and GT Probe results ; evaluating the [...]
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