Friday, July 08, 2022
Labrador Gold Corp. (NKOSF)
Drilling Program Yielding Successful Outcomes
Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Latest drill results. Labrador Gold released results for 12 drill holes associated with its 100,000-meter drill program targeting the Appleton Fault Zone over a 12-kilometer strike length. The results included a new high-grade intercept from drilling at the southwest end of the Big Vein zone, along with drilling results from the Golden Glove and Midway targets.
Highest-grade drill intercept at Big Vein. The hole drilled furthest to the southwest at the Big Vein target intersected 284.1 grams of gold per tonne over 0.58 meters from 309.7 meters downhole, representing the highest grade yet intersected at the Kingsway project. The hole also intersected 15.05 grams of gold per tonne over 1.11 meters from 310.71 meters just below the high-grade intercept. The hole was collared 120 meters to the southwest of a drill hole that intersected 54.17 grams of gold per tonne over 0.95 meters underscoring the potential for further high-grade mineralization as drilling continues to the southwest….
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
