Sunday, June 1, 2025

Latest

Labrador Gold Drills 20.60 G/T Gold Over 3.6 Metres At Kingsway

Labrador Gold Corp. (TSXV: LAB) announced today the first intercepts of near-surface gold assays from its Kingsway project near Gander, Newfoundland. Results come from the firms Big Vein target, which has been the focus of the current program.

Highlight intercepts from the drilling program include:

  • K-21-12: 20.60 g/t gold over 3.6 metres, including 103.36 g/t gold over 0.3 metres
  • K-21-14: 10.48 g/t gold over 2.4 metres

Labrador Gold has previously announced that it has added a second drill rig at the Kingsway drill program, doubling the scope to 20,000 metres. The program follows up on the gold mineralization observed at the Big Vein with assays of samples ranging from 1.87 g/t to 1,065 g/t gold. The company said the program has already produced visible gold in four drill holes as well as wide areas of gold mineralization.

The company relayed that it expects to follow up on the recent assays “with two drill rigs continuing to test Big Vein along strike.” The program has so far tested the vein tested over an 80 metre strike length of the surface exposure and to vertical depths of 50 metres.

Labrador Gold Corp. last traded at $1.16 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Alamos Gold Q1 Earnings: The Inside Scoop

Cerrado Gold Q4 Earnings: The Turnaround is Working

B2GOLD Q1 Earnings: Revenue Up, Production & Cash Flow Decline

Recommended

Canadian Copper: The $172M Combined Strategy PEA

ESGold Begins Concentration Tests Ahead Of First Production

Related News

Freeman Gold Closes $3.0 Million Strategic Financing

Freeman Gold (CSE: FMAN) has closed its previously announced financing. The strategic funding saw gross...

Wednesday, September 8, 2021, 10:02:00 AM

Kinross Gold: Analysts Drop Targets Following Mill Fire

On June 21st, Kinross Gold Corporation (TSX: K) announced an update on the Tasiast Mill...

Thursday, June 24, 2021, 10:54:00 AM

IAMGOLD Records US$297.4 Million In Revenue For Q1 2021

IAMGOLD Corporation (TSX: IMG) reported today its financial results for Q1 2021, highlighting revenue of...

Tuesday, May 4, 2021, 10:19:00 AM

New Found Gold Discovers Additional Gold Zone Following Sampling At Queensway

It appears that New Found Gold’s (TSXV: NFG) Queensway property in Newfoundland is simply swimming...

Thursday, September 23, 2021, 07:52:32 AM

Chart Party: What Direction Is Gold Headed?

A sharp drawdown in the gold price this past Tuesday stuck those of us betting...

Saturday, August 15, 2020, 08:30:00 AM