Leocor Gold Inc. 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]