Labrador Gold starts exploration at Hopedale gold project, focusing on significant gold occurrences.

From GlobeNewswire: 2025-06-19 07:30:00

Labrador Gold Corp. has started its 2025 exploration program at the Hopedale gold project in Labrador. They will focus on the Thurber Gold trend, with significant gold occurrences in rock samples. An IP/Resistivity survey will detect chargeability anomalies for potential drill targets. The company is actively seeking a new gold project for growth.

Labrador Gold has identified gold anomalies along the Florence Lake greenstone belt, spanning 60km. The district scale Hopedale property shows potential for gold, copper, nickel, and cobalt. Their Borden Lake project near Chapleau, Ontario has identified anomalous zones for gold and critical metals. The company has over $18.1 million in cash for further exploration.

Labrador Gold has 170,009,979 common shares issued and outstanding, trading on the TSX Venture Exchange under the symbol LAB. The company is focused on acquiring and exploring gold projects in Eastern Canada. They have identified multiple gold occurrences along the Florence Lake greenstone belt, with potential for critical metals like copper, nickel, and cobalt.

Labrador Gold emphasizes the importance of forward-looking statements, noting potential risks and uncertainties that could affect actual results. They do not guarantee updates to these statements, cautioning shareholders against undue reliance. The company remains committed to exploration and growth in the mining industry.



Read more at GlobeNewswire: Labrador Gold Begins 2025 Exploration at Hopedale Gold