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Source document· November 6, 2025

Labrador Gold Provides Update on Exploration at the Hopedale and Borden Lake Extension Gold Projects

View original at globenewswire.com
Labrador Gold Provides Update on Exploration at the Hopedale and Borden Lake Extension Gold Projects TORONTO, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp…
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  • Since launching project acquisition initiative, LabGold team has reviewed 29 resource projects and another 22 pre-resource projects have been assessed for their potential to host a significant resource

    80% confidence

  • No obvious mineralization was encountered during the BLE bedrock sampling program

    80% confidence

  • The Borden Lake Extension property occurs in the Kapuskasing Structural Zone and is contiguous with Discovery's Borden Gold Mine property

    80% confidence

  • The high chargeability of this unit may be masking the chargeability of the gold mineralized trends to some extent

    80% confidence

  • The aim of the drone magnetic and LiDAR survey was to better define the contact between felsic gneisses to the south, and mafic gneiss and amphibolite units to the north which are interpreted to be part of the Borden Mine sequence stratigraphy

    80% confidence

  • The results of the 2025 exploration program will be integrated with previous work over the course of the winter to determine follow up work for the 2026 season

    80% confidence

  • The high chargeability anomaly on the eastern side of the IP grid is believed to be formational and related to disseminated pyrite in metasedimentary rocks

    80% confidence

  • The Company identified several projects for extensive due diligence as part of its growth strategy

    80% confidence

  • The Hopedale property covers much of the Archean-age Florence Lake greenstone belt that stretches over 60 km and is prospective for orogenic gold, volcanogenic massive sulphide (VMS) and magmatic copper-nickel deposits

    80% confidence

  • Labrador Gold continues to actively evaluate opportunities within the resource space with a particular focus on Canada

    80% confidence

  • The IP survey defined a trend of moderate chargeability coincident with high resistivity that links the significant gold occurrences

    80% confidence

  • The Company will await assay results before deciding on next steps for the BLE project

    80% confidence
Labrador Gold Provides Update on Exploration at the Hopedale and Borden Lake Extension Gold Projects — Source | Via News | ViaNews Market