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Leocor Gold Receives RAB Drill Results from Dorset Project, Baie Verte District, Newfoundland
Vancouver, British Columbia - TheNewswire - September 19, 2023 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR) (OTC:LECRF) is pleased to report signif
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - September 19, 2023 - Leocor Gold Inc. (the “Company” or “Leocor”) (CSE:LECR) (OTC:LECRF) is pleased to report significant RAB drilling results from the recently completed drill program on the Dorset Project within the Company’s Baie Verte District landholdings, located on north central Newfoundland, Canada (Figure 1). These results are highlighted by hole DORRAB23-004 which returned 0.226 grams-per-tonne (“g/t”) gold (“Au”) over 32m starting at surface (4.6m). This includes 1.01 g/t Au over 1.52m starting at surface and 0.464 g/t Au over 1.52m from 32m. A total of 14 RAB holes were completed at the Dorset Project totaling 750m. Drilling concentrated on the Sharpie Ridge, Gunshot and Dorset showings. The above wide low-grade intercept tested an undrilled 1 x 2 km gold-in-soil anomaly outlined by Leocor in 2022 (Figure 2). “We are excited to announce the results from our summer RAB drill program at the Dorset Project which is one of our key assets in the Central Newfoundland gold belt,” said CEO, Alex Klenman. “RAB drilling is a very mobile and cost-effective tool to test targets of merit at the subsurface. The drilling isn’t deep and a wide low-grade intercept over a 1 km wide gold-in-soil anomaly is a very significant finding. Last year’s RAB drilling 700 meters to the north intersected high-grade gold. The combination of higher-grade hits and wide areas of lower grade values presents a large and very compelling exploration target. We are on to a wide-spread gold system and we’re eager to probe this area with diamond drilling,” continued Mr. Klenman. Figure 1. Regional location of Leocor’s Baie Vert District landholdings. Table 1. Interval and composite results of the Dorset Project RAB 2023 drill program Hole ID Target From (m) To (m) Interval (m) Au g/t) DORRAB22-001 DOR Main 28.96 36.58 7.62 1.41 DORRAB22-002 DOR Main 28.96 35.05 6.10 1.14 DORRAB22-003 DOR/Gunshot Extension 27.43 30.48 3.05 0.57 DORRAB22-004 DOR/Gunshot Extension No Significant Results DORRAB22-005 DOR/Gunshot Extension 1.52 19.81 18.29 0.21 DORRAB22-006 Sharpie Ridge No Significant Results DORRAB22-007 Sharpie Ridge 15.24 25.91 10.67 2.32 Incl. 15.24 16.76 1.52 10.2 DORRAB22-008 Sharpie Ridge No Significant Results DORRAB22-009 Sharpie Ridge No Significant Results DORRAB2...