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Labrador Gold Corp ( (TSE:LAB) ) has provided an announcement.
Labrador Gold Corp. has commenced its 2025 exploration program at the Hopedale gold project in Labrador, focusing on the underexplored Florence Lake greenstone belt. The exploration will target the Thurber Gold trend, characterized by significant gold occurrences, with the aim of defining drill targets. The company is also prospecting other areas of the property for gold and copper, aligning with its strategy to expand its resource potential. This initiative is expected to enhance Labrador Gold’s positioning in the mineral exploration industry and potentially increase its resource base, benefiting stakeholders.
More about Labrador Gold Corp
Labrador Gold is a Canadian-based mineral exploration company focused on acquiring and exploring prospective gold projects in Eastern Canada. The company has approximately $18.1 million in cash and is actively pursuing growth through the acquisition of gold projects with resource potential, particularly in Canada.
Average Trading Volume: 303,966
Technical Sentiment Signal: Sell
Current Market Cap: C$13.6M
See more data about LAB stock on TipRanks’ Stock Analysis page.