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Leocor Gold Commences Drill Program on the Baie Verte Project, NW Newfoundland
Vancouver, British Columbia – TheNewswire - June 23, 2022 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR), (OTC:LECRF); (Frankfurt:LGO) is pleased to
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - June 23, 2022 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR), (OTC:LECRF); (Frankfurt:LGO) is pleased to announce it has completed mobilization of a Rotary Air Blast (“RAB”) drill and initiated drilling 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 will test at least 6 different target areas for gold and/or copper mineralization with 25 – 30 RAB drill holes and is designed to follow up on previously announced soil and GT Probe results (1); evaluating the targets for potential follow up diamond drilling as warranted. The Company is also initiating work programs on it’s Western Exploit and Gander District properties and details of those programs will be forthcoming in future news releases. 2022 RAB Drill Program The Phase 1 RAB Drilling program will consist of 25-30 drill holes and test at least 6 target areas across the Baie Verte property including the Dorset, Gunshot, Dorset SW, Copper Creek SW, FMB, and Copper Creek target areas. The program will follow up on previously announced gold and copper soil and GT Probe results over a 7km trend across the property (1) and is designed to evaluate the targets for potential diamond drilling. The RAB drilling will be completed by GroundTruth Exploration Inc. using their “GT RAB Drill,” a Heli-Portable, wireless remote-controlled, rubber tracked platform with a hydraulic tilting mast assembly and rotary drill head. The GT RAB Drill is environmentally friendly with low-ground pressure and minimal surface disturbance. Individual drill holes will be up to 100m in depth and will be paired with onsite XRF analysis and optical televiewer surveys, allowing rapid evaluation of the target areas. (1)See the Companies new release dated May 19, 2022. Available at leocorgold.com and SEDAR. Figure 1 – Phase1 RAB Drill targets over gold in soils. Figure 2 – Phase1 RAB Drill targets over copper in soils. Dorset Trend (Gold) The Dorset trend consists of a 2.5 km gold in soil anomaly(s) located approximately 3km south of the Baie Verte townsite, extending from historic Dorset and Gunshot prospects (rock samples up to 57.2 g/t Au) to the southwest. RAB drilling on the trend will focus on the Dorset, Gunshot, and Dorset SW target are...