Source: Leocor Gold Inc.
  • Leocor Gold Inc. (CSE:LECR) has begun Rotary Air Blast (RAB) drilling at its Dorset gold property in Newfoundland
  • A total of 16 RAB drill holes are planned for the $1.2 million 2023 exploration program at Dorset
  • 2022 drilling returned 2.32 g/t Au over 10.67 metres and 10.2 g/t Au over 1.52 metres
  • Leocor Gold (LECR) opened trading at $0.13 per share

Leocor Gold Inc. (CSE:LECR) has begun Rotary Air Blast (RAB) drilling at its Dorset gold property in Newfoundland.

A total of 16 RAB drill holes are planned for the $1.2 million 2023 exploration program at Dorset. Drilling in 2022 returned 2.32 g/t Au over 10.67 metres and 10.2 g/t Au over 1.52 metres. An additional two RAB holes will be completed at Copper Creek target where in 2022 drilling returned 0.58 per cent Cu over 9.12 metres, which includes 1.095 per cent Cu over 1.52 metres. Two RAB holes will be completed at the Dorset Gunshot / Braz occurrence where in 2022 drilling returned 3.18 g/t Au over 4.57 metres.

Source: Leocor Gold Inc.

GroundTruth Exploration will oversee RAB drilling. Its GT RAB Drill is environmentally friendly with low ground pressure and minimal surface disturbance. Individual drill holes can be up to 100 metres in depth and are paired with onsite XRF analysis and optical televiewer surveys.

“RAB drilling is a very mobile and cost-effective tool we are utilizing to target the sub-surface with instant XRF analysis and downhole optical viewing. The Dorset Project remains a top priority for Leocor based on our impressive inaugural RAB results from 2022, and we’re looking forward to continuing the project’s development,” said Leocor CEO Alex Klenman.

Leocor Gold is a British Columbia-based resource company involved in the acquisition and exploration of precious metal projects, primarily in Atlantic Canada. Earlier this month, the company began its drill program on the Baie Verte Project. Click here to read more.

Leocor Gold (LECR) opened trading at $0.13 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

More From The Market Online
Jason Kelce and the Hatchimals Alive Mystery Hatch toy

Spin Master and Jason Kelce partner on new Hatchimals release

Spin Master (TSX:TOY) and Jason Kelce debut the newest member of the Hatchimals toy family, the Hatchimals Alive Mystery Hatch.
ARHT Media's Capsule product

ARHT Media files for bankruptcy

ARHT Media (TSXV:ART), a holographic technology provider, initiates bankruptcy proceedings under the Bankruptcy and Insolvency Act.
Image generated with AI

@ the Bell: TSX surges to end the week

After several muted trading days, Canada’s main stock index rallied on Friday thanks to a surge among heavyweight markets.
Kootenay Silver - Columba Silver Project, Mexico (2020).

A Mexican silver stock primed for explosive growth

With silver at an inflection point, undervalued Mexican silver stock Kootenay Silver is poised to capitalize on the imminent bull run.