Labrador Gold Corp. is pleased to announce that it has closed a non-brokered private placement of 16,666,667 working capital units at a price of $0.90 per unit for gross proceeds to LabGold of $15 million. New Found Gold Corp. and Mr. Eric Sprott purchased the WC units with each WC unit consisting of one common share and one half a share purchase [...]
Labrador Gold Corp. is pleased to announce initial assays from the first two holes of the 20,000 metre diamond drill program at its 100% controlled Kingsway Gold Project near Gander, Newfoundland, located within the highly prospective Gander Gold District. Preliminary results are from portions of the first diamond drill holes drilled at the Big [...]
Labrador Gold Corp. is pleased to announce that it has arranged for a second diamond drill rig at its 100% controlled Kingsway Gold Project near Gander, Newfoundland. The Kingsway project is located within the highly prospective Gander Gold District and along strike from New Found Gold's high-grade Queensway Project. A second diamond drill rig has [...]
Labrador Gold Corp. the Company scheduled its Annual General and Special Meeting of Shareholders to be held at the offices of the Company at 82 Richmond St. E., Toronto, ON at 2 PM on Friday, April 23, 2021. As a result of the recent stay at home order invoked by the Ontario provincial government, the Company's offices at 82 Richmond St. E. have [...]
Labrador Gold Corp. is pleased to announce that it has closed a non-brokered private placement of 14 million flow through units at a price of $0.70 per FT unit for gross proceeds to LabGold of $9.8 million. New Found Gold Corp. and Mr. Eric Sprott purchased the FT units through a donation arrangement. Each FT Unit consists of one flow through [...]
Labrador Gold Corp. wishes to update its previous announcement that diamond drilling is underway at its 100% controlled Kingsway Gold Project near Gander, Newfoundland . The Company wishes to add a photo of drill core encountered in the first hole. The news release including the core photo is given below. Note that the Company has not yet received [...]
Labrador Gold Corp. is pleased to announce that diamond drilling is underway at its 100% controlled Kingsway Gold Project near Gander, Newfoundland. The Kingsway project is located within the highly prospective Gander Gold District and along strike from New Found Gold's high-grade Queensway Project. The first hole, K-21-01, collared in dark grey to [...]
Labrador Gold Corp. is pleased to announce the mobilization of drill and field crew to its 100% controlled Kingsway Gold Project near Gander, Newfoundland. The Kingsway project is located within the highly prospective Gander Gold District and along strike from New Found Gold's high-grade Queensway Project. Since Labgold is already well advanced in [...]
Highlights All permits are now in place for diamond drill program. Initial drilling will focus on an area immediately beneath visible gold occurrence in quartz at Big Vein. Recent till samples yielding up to 165 gold grains found immediately down ice of Big Vein and from a second location 900 metres to the northeast within the quartz vein corridor [...]
Highlights 10,000 metre diamond-drill program to test strong, high-grade epizonal orogenic gold target at the Big Vein prospect adjacent to the Appleton Fault Zone. Initial drilling will focus on the area of visible gold occurrences at Big Vein. An initial 350-metre length of Big Vein will be tested during the program. TORONTO, Feb. 03, 2021 [...]
Highlights New rock chip assays including 184.68 g/t Au, 65.9 g/t and 38.5 g/t Au confirm strong high-grade epizonal orogenic gold target at the Big Vein prospect. Numerous +1g/t Au assays now define at least a 100m strike length along the NE-trending Big Vein and associated splay structure. Quartz vein now defined over a strike length of 400m [...]
Labrador Gold Corp. is pleased to announce the appointment of Dr. Quinton Hennigh to the Company’s Advisory Board. Dr. Hennigh is an economic geologist with 25 years of exploration experience, and is a founder and current Chairman and President of Novo Resources Corp., which is exploring and developing gold projects in the Pilbara region of Western [...]
