Labrador Gold Corp · TSXV:LAB
Labrador Gold — Investor Presentation (October 2024)
19 slides from Labrador Gold's investor presentation, October 2024
Slide 1: A District-Scale Gold/Critical Metals Opportunity
A DISTRICT-SCALE GOLD/CRITICAL METALS OPPORTUNITY Corporate Presentation October 2024 TSX-V: LAB | www.labradorgold.com TSX-V: LAB FNR: 2N6 OTCQX: NKOSF
Slide 2: Disclaimer
DISCLAIMER Statements contained in this presentation that are not historical facts may be forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995 and forward looking information under similar Canadian legislation (collectively, "Forward Looking Inform
Slide 3: Why Labrador Gold?
WHY LABRADOR GOLD? District scale Hopedale project with gold and critical metals potential Politically stable jurisdiction supportive of mineral exploration Experienced exploration team with success in finding and advancing gold deposits Strong support from long-term Approximately $6M cash, no debt.
Slide 4: Share Structure
SHARE STRUCTURE Float Institutions 21.6% Palisades Goldcorp 6.0% 44.9% New Found Gold 7.4% Crescat Capital 8.2% TSX-V: LAB Ticker(s) FSE: 2N6 OTC: NKOSF Share Price – Oct 3rd C$0.08 Market Capitalization ~C$13.6 million Issued and Outstanding Shares 170.0M Options 7.3M Fully Diluted 177.3M Insiders
Slide 5: Hopedale Project
HOPEDALE PROJECT • District Scale - Covers most of Florence Lake greenstone belt • 5 years of exploration has outlined multiple trends of precious & base metal targets • East end of property on tidewater 30km southwest of Hopedale Community • Daily air service from Happy Valley-Goose Bay to Hopedale
Slide 6: Exploration at Hopedale
EXPLORATION AT HOPEDALE High Grade gold at Follow up soil sampling, Fire Ant, significant Initial mapping and anomalous trends of reconnaissance soil prospecting. Outlined a High grade gold Ni in rock and soil at and lake sediment 3km trend of anomalous Discovery of identified at TD500 and copper at
Slide 7: Florence Lake Greenstone Belt
FLORENCE LAKE GREENSTONE BELT • Five licenses (785 claims) cover 43 kilometres of the Florence Lake Greenstone Belt • Underexplored District • Potential for copper, nickel and zinc in addition to gold • Greenstone Belts worldwide known to be prolific hosts of gold TSX-V: LAB | www.labradorgold.com 7
Slide 8: Greenstone Hosted Gold Camps
GREENSTONE HOSTED GOLD CAMPS TSX-V: LAB | www.labradorgold.com 8
Slide 9: Hopedale Project
HOPEDALE PROJECT Ten significant mineral occurrences identified on the Hopedale project to date reflecting multiple mineralization styles including: ● Orogenic gold – Four occurrences on Thurber License + Fire Ant at Rusty Ridge ● Magmatic Ni sulphide – Rusty Ridge, Misery & Last Resort ● Copper-sil
Slide 10: Northern 'Thurber' License
NORTHERN ‘THURBER’ LICENSE • 3km long strike length of gold mineralization in rock and soil • 4 significant gold occurrences ▪ Thurber North up to 3.8 g/t Au ▪ TD500 up to 21.59 g/t Au ▪ Thurber Dog up to 11.4 g/t Au ▪ Thurber South up to 4.1 g/t Au • Significant copper- silver occurrence at Kapaak
Slide 11: TD 500 Channel Sampling
TD 500 CHANNEL SAMPLING TSX-V: LAB | www.labradorgold.com 1
Slide 12: Kapaak Channel Sampling
KAPAAK CHANNEL SAMPLING TSX-V: LAB | www.labradorgold.com 12
Slide 13: Fire Ant Gold Occurrence
FIRE ANT GOLD OCCURRENCE High-grade gold up to 106g/t with 20.4g/t Ag in rock grab samples • Newly discovered mineralization hosted by gossanous felsic volcanic rocks close to contact with ultramafic volcanic rocks. • Target traced over a strike length of approximately 200 metres. TSX-V: LAB | www.l
Slide 14: Rusty Ridge & Last Resort
RUSTY RIDGE & LAST RESORT Anomalous Ni area at Rusty Ridge extended to 550m • 14 grab samples of rock assayed over 0.1% Ni and included values up to 0.28% Ni with nickel values in soil up to 2,271ppm (0.23%) Last Resort shows anomalous nickel in soil and rock samples over a 1.6km strike length coinc
Slide 15: Planned Work
PLANNED WORK • Reinterpretation of geophysics at Rusty Ridge, Last Resort and TD 500 • Prospecting and mapping at Rusty Ridge, Last Resort and TD 500 • Ground electromagnetic survey over Rusty Ridge, Misery and Jasmine to define targets for drilling TSX-V: LAB | www.labradorgold.com | 15
Slide 16: Kingsway Project
KINGSWAY PROJECT • In April 2024, LabGold entered into a purchase agreement with New Found Gold Corp (“NFG”), whereby NFG acquired a 100% interest in the Kingsway Project in exchange for $20,000,000 CAD in NFG Common Shares TSX-V: LAB | www.labradorgold.com | 16
Slide 17: Key Takeaways
KEY TAKEAWAYS • District scale Hopedale Project continues to show excellent potential for gold and critical metals nickel and copper • Ten occurrences found over the past five years - Five gold occurrences, three nickel occurrences, one copper occurrence and one zinc occurrence • Significant potenti
Slide 18: Acknowledgements Field Crew and Support Staff
ACKNOWLEDGEMENTS FIELD CREW AND SUPPORT STAFF John Clarke, Nicholas Maddock, Louise Moyles, Tommy Tuglavina Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Hopedale property. TSX-V: LAB | www.labrad
Slide 19: Contact Us
CONTACT US Roger Moss, President and CEO Phone: +1-416-704-8291 E-mail: rmoss@labradorgold.com Website: www.labradorgold.com X: @LabGoldCorp TSX-V: LAB FNR: 2N6 OTCQX: NKOSF TSX-V: LAB | www.labradorgold.com 19