Leocor Gold ( (TSE:LECR) ) has shared an announcement.
Leocor Mining Inc. has updated its investment in Intrepid Metals, highlighting its strategic CDN $3M investment aimed at advancing Intrepid’s copper and gold projects in Arizona, specifically the Corral Copper project. The impressive drill results from Corral, including significant copper and gold intercepts, have bolstered Leocor’s stake in Intrepid to approximately 26% on a partially diluted basis. The announcement underscores Leocor’s commitment to supporting Intrepid’s development and the promising potential of the Corral project, which could enhance Leocor’s industry positioning and stakeholder value.
More about Leocor Gold
Leocor Mining Inc. is a British Columbia-based resource company focused on the acquisition and exploration of precious metal projects, particularly in Atlantic Canada. The company has a significant presence in the Baie Verte Mining District and controls extensive exploration grounds in North Central Newfoundland, including the Dorset, Dorset Extension, Copper Creek, and Five Mile Brook projects.
YTD Price Performance: -52.22%
Average Trading Volume: 9,412
Technical Sentiment Signal: Buy
Current Market Cap: $5.34M
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