Palisades Backs Expansion of New Found Gold’s Assets

Palisades Goldcorp Ltd. (TSE:PALI) has released an update.

Palisades Goldcorp Ltd., a resource-focused investment company, has announced that its equity investee New Found Gold Corp. has agreed to purchase the Kingsway Project from Labrador Gold Corp. This strategic acquisition will expand New Found’s holdings next to its own Queensway project in Newfoundland and Labrador, signaling Palisades’ ongoing strategy to invest in high-potential resource companies.

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