About Labrador Gold
Labrador Gold is advancing its 100% controlled Kingsway project near Gander, Newfoundland. The Company is currently drilling four targets along the 12km strike length of the Appleton Fault Zone which is a major structure very prospective for gold mineralization. Results from drilling at the Big Vein target, where high-grade gold was discovered by the Company in 2020, include 6.07g/t Au over 19.0 metres, 44.08 g/tAu over 4.28 metres and 128.51g/t Au over 1.12 metres.
The drilling is part of a planned 100,000 metre program that will test targets currently being developed along the Appleton Fault Zone as well as those currently being drilled. The Company has approximately $28 million in working capital and is well funded to carry out the planned program. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity, and abundant local water.
To learn more about Labrador Gold, go to https://labradorgold.com/
For more about the activity in Newfoundland and to view the digital map, go to https://digigeodata.com/area/newfoundland/