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Leocor Ventures Reviews Exploration Targets at the Dorset Gold Project, Newfoundland, Canada
Vancouver, British Columbia - TheNewswire - May 11, 2020 - Leocor Ventures Inc. (the "Company" or "Leocor") (CSE:LECR) (CNSX:LECR.CN) is pleased to announce tha
About this update from Leocor Mining Inc.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - May 11, 2020 - Leocor Ventures Inc. (the \"Company\" or \"Leocor\") (CSE:LECR) (CNSX:LECR.CN) is pleased to announce that it has begun a comprehensive review of available data on the Dorset Gold Project, located in North Central Newfoundland, Canada. The Company is currently implementing the review as a preliminary step in formulating budgets and work plans for its 2020 exploration programs. Phase one exploration is anticipated to concentrate in and around known quartz veins with strong historical showings, and may include additional prospecting, sampling, soil geochemistry, and channel sampling, in and around known quartz veins with strong historical showings. The Dorset #1 vein is comprised of two narrow, discontinuous quartz veins, trenched for 60m along strike. The western vein varies from 2 to 15cms in width and contains visible gold, pyrite and galena. Grab samples collected from this vein assayed up to 409 grams-per-tonne (\"g/t\") gold (\"Au\") and channel samples of 177 g/t Au over 0.35m; 56 g/t Au over 2.5m, and 41.6 g/t Au over 1.5m (Noranda assessment reports). The Dorset #2 vein system is located 37m west of the Dorset #1 vein. It is the most significant of the veins and has been trenched and tested by diamond drilling over a strike length of 110 m. Further trenching and limited diamond drilling have indicated a minimum strike length of 400m and may extend up to 900m (Dorset Extension). Mineralization comprises of visible gold, pyrite, galena, chalcopyrite, bornite and minor sphalerite and arsenopyrite. Diamond drilling has confirmed the presence of high-grade gold grades. \"Dorset has an excellent history and we're eager to begin our exploration efforts there,\" said CEO, Alex Klenman. \"There are a number of areas we're interested in testing, so the current review will help us prioritize our drilling targets. We know there's high-grade mineralization present so the goal is to expand the known occurrences and add to the drill target inventory,\" continued Mr. Klenman. Further details regarding 2020 exploration programs at the Dorset Gold Project will be announced in the coming weeks. About the Dorset Gold Project The Dorset Gold Project is a 275-ha gold exploration project, located south of the Pine Cove Gold Mine, in the Baie Verte Mining District, north central Newfound...