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Leocor Gold Plans Drill Programs at the Dorset Project, Baie Verte District, Newfoundland with a Focus on Copper Creek Target
Vancouver, British Columbia – TheNewswire - October 10, 2024 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF) is pleased to update drill
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - October 10, 2024 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF) is pleased to update drill plans at its Baie Verte project, which comprises both the Copper Creek project and the Dorset Gold Project, among others, located on north central Newfoundland, Canada. The Company has engaged Resourceful Geoscience Solutions of Halifax, Nova Scotia, to execute the program, which will consist of up to 5000 metres of diamond drilling with a budget between CDN $1M and $1.5M, primarily targeting copper targets at Copper Creek, and gold targets within the Dorset claims. The permitting process is currently underway. Copper Creek is a copper exploration target with compelling historical results. The Company is eager to begin detailed prospecting within areas of interest and systematically testing known zones of copper mineralization. The Dorset Gold Project is already established as containing several known gold zones, and presents additional, highly prospective exploration targets. Copper Creek Claims The Copper Creek portion of the Baie Verte Project has had little copper-focused work completed over the past few years and provides excellent exploration potential. In 2021 the Company completed exploration work at Dorset and Copper Creek that included soil sampling, geophysics, LiDAR and high-resolution drive imagery surveys*. Highlights of the program 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 2862 ppm copper (“Cu”) and 1601 ppb gold (“Au”). 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. A detailed 2021 soil program outlined a new 6.5 Km mineralized gold trend that was not previously known, and a base metal Copper-Zinc target measuring 1200m by 400m, located in proximity to the Terra Nova base metal deposit. * See Leocor News Release dated May 19, 2022. Historic results* at Copper Creek includes grab sample values of 1019 - 9414 ppm Cu and assays of up to 4.4% Cu while channel sampling yielded assays of up to 0.85% Cu over 2...