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Leocor Mining Plans VTEM Survey at the Baie Verte Gold-Copper Project, Newfoundland
Vancouver, British Columbia – March 12, 2026 - TheNewswire - Leocor Mining Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF; Frankfurt: LGO0) (formerly
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia – March 12, 2026 - TheNewswire - Leocor Mining Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF; Frankfurt: LGO0) (formerly Leocor Gold Inc.), a junior resource company focussed on the exploration and development of precious metals projects in Eastern Canada, is pleased to announce it is planning a VTEM Survey (the “Survey”) at the Company’s 2,002-ha contiguous Baie Verte gold-copper exploration project. The Baie Verte project (the “Project”) is situated on the north central coast of the island of Newfoundland in the province of Newfoundland and Labrador, Canada. The Survey will cover the entire project area and will generate critical informative data the Company will utilize to assess and determine primary targets for follow-up drilling. Last summer's drill program identified a VMS style mineralizing system within the Copper Creek section of the Baie Verte project (see News Release dated July 8, 2025). The fundamental premise of applying electromagnetic (EM) methods to VMS exploration is the strong conductivity contrast between the massive sulphide mineralization and the surrounding host lithologies. “We’re eager to get follow up drilling completed at Baie Verte,” said Alex Klenman, CEO of Leocor Mining. “The discovery of VMS style mineralization last year was significant and the case to continue drilling, particularly at Copper Creek, is certainly compelling. The survey will aid greatly in prioritizing drill targets as we move forward with the development of the Baie Verte project,” continued Mr. Klenman. VMS deposits are syngenetic accumulations of sulphide minerals that form through hydrothermal discharge in submarine volcanic environments, typically occurring as lenses of polymetallic massive sulphide. These systems are characterized by two primary components: a stratabound lens containing over sixty percent sulphide minerals and an underlying discordant stringer or stockwork zone composed of vein-type mineralization within an envelope of altered rocks. Both intersected in last year's drill program. The electromagnetic signature of a VMS deposit is primarily a function of its mineralogical composition and the connectivity of conductive grains. Common sulphide minerals such as pyrite, pyrrhotite, and chalcopyrite possess extremely high electrical conduct...