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Labrador Gold Announces Gold in Rock Samples From Its Hopedale Project
VANCOUVER, British Columbia, March 13, 2019 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold” or the “Company”) is pleased to announce assay
About this update from Labrador Gold Corp
[{"type":"text","content":" VANCOUVER, British Columbia, March 13, 2019 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold” or the “Company”) is pleased to announce assay results for rock samples from its Hopedale project in Labrador. The company controls a 57 kilometre strike length of stratigraphy prospective for gold in the Florence Lake Greenstone Belt. The exploration program at Hopedale followed up on successful results of 2017 work that outlined regional scale gold in soil and lake sediment anomalies along the length of the belt and included detailed soil sampling, geological mapping, rock sampling and prospecting. A total of 588 rock samples were taken along the length of the Florence Lake Greenstone Belt during the regional prospecting and mapping program. Of these samples, 80 assayed greater than 0.1 g/t gold including 17 samples that assayed greater than 1 g/t gold. Results of the assays ranged from below the detection limit of 0.05 g/t to 11.4 g/t gold in a grab sample from a quartz vein with pyrite and arsenopyrite. Additional highlights include channel samples of 2.77 g/t gold over 2.1 metres and 2.37 g/t gold over 2 metres. Highlights of gold assays of grab samples include 4.55g/t gold from quartz porphyry and 2.52g/t and 2.46g/t gold from quartz veins that were altered or contained sulphide. Complete highlights of the program are shown in the table below. Sample ID Area Sample Type* Length Au g/t Description 1685504 to 506 Thurber Dog Channel 3.5 0.47 Quartz veins in Quartz porphyry 1685506 Thurber Dog including 1 0.86 Quartz Porphyry 1685509 to 510 Thurber Dog Channel 2 0.91 Felsic volcanic 1685509 Thurber Dog including 1 1.27 Quartz vein 1685555 to 556 Thurber North Channel 2 2.36 Quartz Porphyry 1685556 Thurber North Including 1 2.73 Quartz Porphyry 1685566 Thurber North Channel 0.5 0.92 Ferruginous quartz vein 1685589 Thurber North Channel 0.56 0.48 Quartz vein with iron Carbonate 1685613 Thurber South Channel 1.2 0.65 Carbonate altered mafic volcanic 1685632 to 633 Thurber South Channel 2.1 2.77 Chlorite altered Mafic volcanic with quartz veins 1685632 Thurber South including 1.2 3.99 Quartz vein with Fe oxide 1693835 Thurber Dog Grab n/a 1.01 Quartz vein with Arsenopyrite 1685854 Shirley Grab n/a 1.09 Phyllite with arsenopyrite 1690808 Thurber Dog Grab n/a 1.45 Felsic volcanic/Quartz Porphyry 1692276 Thurber South G...