Drills Are Turning

Drilling Yields Near-Surface Gold at DropKick and Extends the Zone to 360 Meters

Drilling to Resume Next Week

Prospecting Yields a New Target

Mark Reichman

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Basic Materials

Metals & Mining

Labrador Gold Corp

Prospecting Yields a New Target 
 
Recent prospecting between the Big Vein and Golden Glove targets at the company&#8217;s Kingsway project has located a new gold showing called the Knobby occurrence. Grab samples from quartz vein outcrops returned gold values of up to 30.58 grams of gold per tonne, including samples grading 0.4 grams of gold per tonne, 2.7 grams of gold per tonne, and 29.19 grams of gold per tonne. Three parallel veins have been traced along an east-west strike for approximately 200 meters. This is the first indication of gold mineralization along the Appleton Fault Zone between Big Vein and Golden Glove targets.
Location of the Knobby Occurrence&nbsp;
<img decoding="async" src="https://www.noblelinx.com/x/research/images/reports/NKOSFAug1.JPG" style="float: none" />
Source: Labrador Gold Corp.
Prospecting continues around the Knobby occurrence and a ground geophysical survey extending from the southern boundary to Big Vein is being completed. Labrador Gold has applied for permits to drill up to 95 drill holes along this portion of the Appleton Fault Zone. This is an area that management has prioritized for drilling in the later part of this year following the receipt of permits and completion of the ground magnetic/VLF survey.
During its drilling program, Labrador Gold has intersected significant gold mineralization in five of six targets, including high grades associated with visible gold at Pristine, Big Vein, and DropKick. Discovery of high-grade, surface gold mineralization in quartz vein outcrops between Big Vein and Golden Glove underscores the prospectivity of this section of the Appleton Fault Zone.

Labrador Gold Corp (NKOSF)

Prospecting Yields a New Target

Fundamental Analysis:

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Drills Are Turning (NKOSF)

Drilling Yields Near-Surface Gold at DropKick and Extends the Zone to 360 Meters (NKOSF)

Drilling to Resume Next Week (NKOSF)

Prospecting Yields a New Target (NKOSF)

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