Labrador Gold Corp. is pleased to announce that it has closed the previously announced non-brokered private placement of 24,571,429 units at a price of $0.175 per Unit for gross proceeds to LabGold of $4,300,000. Each Unit is comprised of one common share of LabGold and one Common Share purchase warrant , with each Unit warrant exercisable to [...]
Labrador Gold Corp. is pleased to announce that due to investor demand in connection with its previously announced non-brokered private placement it has decided to increase the size of the non flow-through offering to C$4,300,000. The Company intends to raise up to C$4,300,000 by the issuance of up to 24,571,429 units at a price of C$0.175 per Unit [...]
Labrador Gold Corp. is pleased to announce that it has closed the previously announced non-brokered private placement of 4,000,000 flow through units at a price of $0.25 per FT Unit for gross proceeds to LabGold of $1,000,000. Each FT Unit is comprised of one flow through share and one non-flow through share purchase warrant, with each warrant [...]
Labrador Gold Corp. is pleased to announce that due to investor demand in connection with its previously announced non-brokered private placement it has decided to increase the size of the offering to C$5,000,000. The Company intends to raise up to $4,000,000 by the issuance of up to 22,857,143 units at a price of C$0.175 per Unit . Each Unit is [...]
Labrador Gold Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise up to C$2,500,000 through the issuance of up to 14,285,714 units at a price of C$0.175 per Unit . Each Unit is comprised of one common share of LabGold and one Common Share purchase warrant , with each Unit warrant exercisable to acquire [...]
Highlights: Review of historical work as well as more recent exploration over the past four years shows excellent potential for a gold mineralized system at Kingsway. Historical work showing subangular gold grains recovered from till samples indicate a source of 100 to 500 metres up ice. A sub-angular boulder of quartz vein containing visible gold [...]
Highlights: Option to acquire 100% of two licenses from Shawn Ryan in an area of excellent infrastructure. Licenses cover over 14km of the potential extension of the Appleton fault zone associated with many of the gold showings, including the new discovery, on New Found Gold’s Queensway project to the south. The two licenses represent the [...]
Labrador Gold Corp. is pleased to provide a review of its exploration activities completed during 2019. During 2020, LabGold intends to test the continuity of recently discovered mineralization at its Hopedale Project with a drilling program. Roger Moss, President and CEO stated: “Exploration on both of our Labrador Projects during 2019 [...]
Highlights: Selected grab samples from new gold showing north of the Thurber Dog gold occurrence show assays between 1.67 and 8.26 g/t Au Extends potential strike length of gold mineralization by approximately 500 metres along strike to the north Occurs within a larger 3km trend of anomalous gold in rock and soil associated with the contact between [...]
Labrador Gold Corp. Ashuanipi property in northwest Labrador and the Hopedale property in eastern Labrador. The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world, but have been underexplored by comparison. Initial work by Labrador [...]
Labrador Gold Corp. is pleased to announce that it has retained Ms. Patricia Stirbys, J.D., LL.M, a member of Cowessess First Nation, to help it develop a comprehensive indigenous engagement and community relations program. Ms. Stirbys has over 20 years of experience in law, negotiations and policy, specializing in engagement with Indigenous [...]
Highlights: Discovery of gold enriched zone near high grade soil sample at Ashuanipi, Labrador Defined by gold in soil and rock samples that cover an area of 450 metres by 450 metres Results of ground VLF-Magnetic survey over the area are pending Drill testing of zone expected in fall VANCOUVER, British Columbia, Aug. 21, 2019 -- [...]