“Over 13% of the samples taken along the length of the belt returned results of more than 0.1 g/t gold and will be followed up in detail. “The results of our prospecting at Hopedale are very encouraging, especially since this was our first systematic rock sampling of the greenstone belt.” said Roger Moss, President and Chief Executive Officer of Labrador Gold.

The mineralized rocks typically contain disseminated pyrite and, more rarely arsenopyrite. At Thurber South the mineralization is associated with intensely carbonate altered ultramafic and mafic volcanic rocks and associated quartz veins. The highest-grade rocks in the area are from quartz veins with iron carbonate alteration.Īt Thurber Dog, gold mineralization is associated primarily with altered porphyritic felsic volcanic rocks and quartz veins around the Thurber Dog occurrence and in the Thurber North area. At Jasmine/Shirley, the gold mineralization is associated with altered mafic volcanic rocks and phyllite that contain varying amounts of arsenopyrite from disseminated grains to veins of massive arsenopyrite. While rock samples containing anomalous gold are found in many parts of the greenstone belt, most of the samples above 0.1g/t gold occur in the Jasmine/Shirley and Thurber Dog areas of the belt. *Note that grab samples are select samples and are not necessarily representative of gold mineralization found on the property. Silicified ultramafic with quartz veining and arsenopyrite Sample IDĬhlorite altered Mafic volcanic with quartz veins Complete highlights of the program are shown in the table below. Highlights of gold assays of grab samples include 4.55g/t gold from quartz porphyry and 2.52g/t and 2.46g/t gold from quartz veins that were altered or contained sulphide. Additional highlights include channel samples of 2.77 g/t gold over 2.1 metres and 2.37 g/t gold over 2 metres. Results of the assays ranged from below the detection limit of 0.05 g/t to 11.4 g/t gold in a grab sample from a quartz vein with pyrite and arsenopyrite. Of these samples, 80 assayed greater than 0.1 g/t gold including 17 samples that assayed greater than 1 g/t gold. The exploration program at Hopedale followed up on successful results of 2017 work that outlined regional scale gold in soil and lake sediment anomalies along the length of the belt and included detailed soil sampling, geological mapping, rock sampling and prospecting.Ī total of 588 rock samples were taken along the length of the Florence Lake Greenstone Belt during the regional prospecting and mapping program.

The company controls a 57 kilometre strike length of stratigraphy prospective for gold in the Florence Lake Greenstone Belt. (TSX-V: LAB) (“Labrador Gold” or the “Company”) is pleased to announce assay results for rock samples from its Hopedale project in Labrador. VANCOUVER, British Columbia, Ma(GLOBE NEWSWIRE) - Labrador Gold Corp.

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