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Leocor Gold Provides Exploration Update for Newfoundland Projects
Vancouver, BC - TheNewswire - February 28, 2023 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR) (OTC:LECRF) is pleased to provide an exploration updat
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, BC - TheNewswire - February 28, 2023 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR) (OTC:LECRF) is pleased to provide an exploration update for its over 150,000-hectare combined gold projects located in Newfoundland, Canada. The following summaries encompass exploration work to date at each of the Company’s five prospective gold projects. Work programs for the 2023 field season are being finalized presently and will be announced in the coming weeks. Dorset (Baie Verte) 34 rock samples taken. 442 soil samples 18 RAB drill holes – 1023 meters – 681 samples RAB drilling results received in late summer 2022 with 10.2 g/t Au gold intercept on a new drill target (Sharpie Ridge), and Over 1% Cu intercept on Copper Creek target (see Company news release dated December 7, 2022) warrant further drilling plans on Dorset. RAB or diamond drilling will be used to test the extents of mineralization on these higher-grade targets. Drilling on other targets along the “Dorset Trend” Au soil anomaly will focus on geophysical bodies identified at depth which are thought relate to structure and mineralization at surface. Leamington 102 rock samples taken on target areas formulated from 2021 soils and airborne geophysics. 6,662 soils taken. Prospecting identified a low-grade gold and copper target that needs to be further assessed on desktop for historical data, and in the field by a team of geologists. The scope is to identify zones of higher-grade Au + Cu near that target since there are large structures and favorable geology present. Northern areas of Leamington remain relatively unexplored due to access, and the central part of the project was unexplorable for part of last season due to fires. These areas will be scouted and explored along geological and geophysical contacts that have anomalous soil. South Leamington may warrant trenching or bedrock interface drilling where the till is deeper. Robert’s Arm 161 rock samples taken on target areas determined from soil and airborne geophysical survey. 3,712 soil samples Further follow up on soil anomalies, geophysical contacts, and geological contacts is needed on Robert’s Arm. The prospecting covered a large area of road accessible targets identified from 2021 soil sampling and airborne geophysical su...