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Leocor Gold Mobilizes Drilling Equipment to the Baie Verte Project, NW Newfoundland
Vancouver, British Columbia – TheNewswire - June 21, 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 21, 2022 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR), (OTC:LECRF); (Frankfurt:LGO) is pleased to announce it has mobilized a Rotary Air Blast (“RAB”) drill to 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. “We’re excited to get into the next phase of exploration at Dorset and the Baie Verte package,” said CEO, Alex Klenman. “We’ve been doing of a lot of work since last year, and the result is we were able to generate some very compelling soil grid results. Now we get to poke some holes in there and start drill testing. The goal here is to vector in on viable, high-priority diamond drill targets for the fall. We’re in great hands with our technical team and we’re pleased to get them on the ground and moving things forward in a meaningful way,” continued Mr. Klenman. 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 www.leocorgold.com and SEDAR. Figure 1 – Phase1 RAB Drill targets over gold in...