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Leocor Gold ( (TSE:LECR) ) just unveiled an announcement.
Leocor Mining Inc. has announced progress in its drilling program at the Baie Verte project in Newfoundland, where the company has started drilling the fifth of 16 planned holes at the Copper Creek prospect. Initial results from the first two holes have shown intervals of chalcopyrite mineralization, with Hole 25-CC-001 revealing significant intervals of chalcopyrite, indicating potential valuable discoveries that may enhance Leocor’s operational prospects and strengthen its position in the resource exploration sector.
More about Leocor Gold
Leocor Mining Inc. is a junior resource company focused on the exploration and development of gold-copper projects in Eastern Canada. The company is engaged in advancing its operations at the Baie Verte project, located on the north central coast of Newfoundland, Canada, as part of its strategic focus on valuable mineral resources.
YTD Price Performance: -31.11%
Average Trading Volume: 12,697
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.83M
For an in-depth examination of LECR stock, go to TipRanks’ Stock Analysis page.