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Leocor Gold Applaudes Intrepid Metals Recent Drill Results at the Corral Copper Property, Arizona, USA
Vancouver, British Columbia – July 11, 2024 – TheNewswire – Leocor Gold Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF) is pleased to update sharehol
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia – July 11, 2024 – TheNewswire – Leocor Gold Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF) is pleased to update shareholders on recent significant news from Intrepid Metals (TSX.V: INTR), a Canadian company focused on exploring for high-grade essential metals such as copper, silver, lead, and zinc mineral projects in proximity to established mining jurisdictions in southeastern Arizona, USA. In January of this year, the Company announced the completion (see Company news release dated January 8, 2024) of a CDN $3M strategic investment in Intrepid for the purpose of advancing Intrepid’s world class copper and gold projects in Arizona. On July 9, Intrepid announced final results from its initial drill program on the Corral Copper Property in Cochise County, Arizona. The final three holes contain the highest-grade intercept from the initial drill program and are all located within the Ringo Zone, which is located along the southern margin of the 3.5-kilometer-long trend of near surface copper-gold-silver-zinc mineralization. Highlights from the final drill holes include: 112.95 meters (“m”) of 1.50% Copper (“Cu”), 0.53 grams per ton (“gpt”) Gold (“Au”) and 8.22 gpt Silver (“Ag”) (1.66% Copper Equivalent (“CuEq”)1 ) in Hole CC24_023 including 63.40m of 2.57% Cu, 0.91 gpt Au and 14.14 gpt Ag (2.83% CuEq1) 13.40m of 6.72% Cu, 1.49 gpt Au and 46.93 gpt Ag (6.90% CuEq1) and 1.40m of 20.20% Cu, 8.51 gpt Au and 250.00 gpt Ag (23.85% CuEq1). 64.95m of 0.84% Cu, 0.35 gpt Au and 2.83 gpt Ag (0.96% CuEq1 ) in Hole CC24_025 including 15.65m of 1.55% Cu, 0.55 gpt Au and 2.52 gpt Ag (1.71% CuEq1) and 3.80m of 2.75% Cu, 1.07 gpt Au and 8.25 gpt Ag (3.13% CuEq1). “We’ve ended our initial drill program at Corral with our best results,” stated Ken Brophy, Chief Executive Officer of Intrepid. “We are just beginning to scratch the surface of the potential with shallow and high-grade copper and gold mineralization within private lands at Corral Copper. We’ve completed additional mapping and are compiling all the data we have collected to date. This will guide our planning for our next drill program, which we anticipate taking place later this year.” “On behalf of our management team and the Board of Directors of Leocor, we would like to extend our congratulations...