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Leocor Mining Updates Drilling Progress at the Copper-Gold Baie Verte Project in Newfoundland
Vancouver, British Columbia – TheNewswire - February 5, 2025 - Leocor Mining Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF) (formerly Leocor Gold In
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - February 5, 2025 - Leocor Mining Inc. (the “Company” or “Leocor”) (CSE: LECR, OTCQB: LECRF) (formerly Leocor Gold Inc.), a junior resource company focussed on the exploration and development of gold-copper projects in Eastern Canada, is pleased to provide an update on the ongoing drill program at the Baie Verte project, a 2,002-ha contiguous exploration package located on the north central coast of the island of Newfoundland in the province of Newfoundland and Labrador, Canada. Crews have begun drilling the 5th of 16 planned holes of the campaign at the Baie Verte project’s Copper Creek prospect. The first two Holes of the program, 25-CC-001 and 25-CC-002 intersected intervals of what is believed to be chalcopyrite mineralization. Hole 25-CC-001 intersected intermittent intervals of chalcopyrite in association with other sulphide minerals between 13.0m and 44.0m downhole. Mineralized intervals range between 1.1m to 2.3m in drilled length and contain interpreted chalcopyrite in visually estimated modal abundances of 0.1% (trace) to 4%. The hole’s most significant interval, with respect to length and estimated chalcopyrite abundance, 31.9m to 34.2m (2.3m length) contained a visually estimated modal abundance of blebby chalcopyrite of 4%. Image 1: Interpreted chalcopyrite mineralization at 19m downhole length in hole 25-CC-001, Copper Creek project, Baie Verte Hole 25-CC-002 also intersected intermittent intervals of believed chalcopyrite mineralization in association with other sulphide minerals between 9.0m and 59.2m downhole. Mineralized intervals range in width between 0.3m and 13.4m in drilled length and contained interpreted chalcopyrite in visually estimated modal abundances of 0.1% (trace) to 5%. Hole 25-CC-002’s most significant interval by drilled length is 20m to 33.4m (13.4m drilled length) and contains blebby chalcopyrite in visually estimated modal abundances of 1%. Image 2: Interpreted chalcopyrite mineralization at 15.75m downhole length in hole 25-CC-002, Copper Creek project, Baie Verte Additional information pertaining to holes 25-CC-003 and 25-CC-004 will be provided after detailed logging. It is important to note that these are preliminary observations, and the true grade, thickness and formal characterization of the mineralizat...