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Labrador Gold Corp ( (TSE:LAB) ) just unveiled an update.
Labrador Gold Corp. welcomed the Ontario government’s decision to accelerate completion of an all-season road to the Ring of Fire by five years, with early works set to begin in June 2026 and the route crossing its Watson property in the Fort Hope Greenstone Belt. The company says this new infrastructure should significantly reduce exploration and development costs at Watson, where it holds extensive, royalty-free ground through its 80%-owned Elementary Minerals joint venture, and plans an airborne electromagnetic survey this year followed by soil work, prospecting and an initial drill program as early as winter 2027, while advancing outreach to local First Nations to secure social licence.
More about Labrador Gold Corp
Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring prospective gold projects in Eastern Canada. Its newly announced Watson Project in northwestern Ontario is the largest landholding in the underexplored Fort Hope Greenstone Belt and also offers potential for critical minerals such as antimony, nickel, copper and zinc.
Average Trading Volume: 328,473
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$11.9M
See more insights into LAB stock on TipRanks’ Stock Analysis page.