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Leocor Gold Defines 7km Gold/Copper Trend at the Baie Verte Project, NW Newfoundland
Follow up drill program planned for June Vancouver, British Columbia – TheNewswire - May 19, 2022 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR (OTC:
About this update from Leocor Mining Inc.
[{"type":"text","content":"Follow up drill program planned for June Vancouver, British Columbia – TheNewswire - May 19, 2022 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR (OTC:LECRF) (FRA:LGO) is pleased to announce results of the 2021 exploration activities and 2022 exploration plans 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 2021 work program included soil sampling, GT Probe sampling, geophysics, and a LiDAR and high-resolution drone imagery surveys. Highlights include: Multiple targets identified along 7km northeast trending zone of anomalous gold in soils and a 4km subparallel trend of anomalous copper (+/- gold) in soils with results up to 1601 ppb gold (“Au”) and 2862 ppm copper (“Cu”). Indications of two styes of mineralization on the project including VMS style copper (+/-gold-zinc) mineralization and structurally controlled gold mineralization with similarities to the nearby Pine Cover Mine. Based on the results of the 2021 program the Company is also planning a Phase 1 drilling campaign consisting of a minimum of 30 Rotary Air Blast (“RAB”) drill holes on at least 4 of the gold and copper targets. The RAB drill program is expected to commence in June 2022 and is designed to evaluate the targets for potential follow up diamond drilling. In addition to the RAB drilling the Company is also planning to complete additional soil sampling, prospecting, geologic mapping, and geophysical surveys on the project. \"The Soil results over the Dorset Project were better than I could have predicted and really shows our project’s, and in a broader sense, Newfoundland’s, exploration potential,” said Shawn Ryan, Leocor’s Technical Advisor. “Here we have an area that has seen a lot of previous exploration work, from gold to base metal and the detailed 2021 soil program outlined a brand new 6.5 Km mineralized gold trend that has not been previous seen. And the soil work also outlined a nice base metal Copper-Zinc target measuring 1200m by 400m sitting directly across from the old Terra Nova base metal deposit. Having one of these anomalies is impressive but having two is exceptional. It should be an exciting year for Leocor with the planned follow up drilling,\" continued M...