VANCOUVER, British Columbia, March 01, 2018 -- Labrador Gold Corp. is pleased to announce the latest results of sample assays from the Hopedale Gold Project in Labrador. Rock samples from the Florence Lake Greenstone Belt assayed up to 7.87 g/t Au and confirm historical results from the northern portion of the belt in the Thurber Dog area. The Company’s reconnaissance exploration program in the FLGB, one of two [...]
Labrador Gold is pleased to announce the results of its initial sampling program on the Hopedale project in eastern Labrador. The results show anomalous gold in lake sediments and soils over tens of km along the northeast-southwest trending Florence Lake greenstone belt. In addition, rock samples taken during the reconnaissance program returned values up to 7.8 g/t gold. Results of the reconnaissance exploration program [...]
Labrador Gold is pleased to announce the staking of an additional 296 claims covering 74 square kilometres on the Ashuanipi project in western Labrador. The claims were staked to the west of the original Ashuanipi north claim block. This brings the total number of claims staked recently to 468. The new claims are on the Labrador side of the Quebec-Labrador border and were staked to cover the possible western extension of [...]
Labrador Gold is pleased to announce the results of its initial sampling program on the Ashuanipi project in western Labrador. The results show anomalous gold in lake sediments and soils over tens of kilometres along north-south and east-west trends. In addition, rock samples taken during the reconnaissance program returned values up to 2.1g/t gold. Results of the reconnaissance exploration program at the Ashuanipi [...]
Nikos Explorations is pleased to announce that it has received regulatory approval to change its name to Labrador Gold Corp. effective Tuesday December 19, 2017. The company will continue to trade on the TSX Venture Exchange under a new symbol "LAB". The change of name reflects the company's focus on gold exploration in Labrador following the option of three projects covering a total of 1,701 square kilometres from Shawn [...]
Nikos Explorations is pleased to announce that it has closed its previously announced non-brokered private placement offering. In addition, the Company announces that it has exercised its right of first refusal to option the Nain and Hopedale properties in Labrador from Shawn Ryan. The Company raised $1,757,000 through the sale of 8,785,000 units comprised of one common share and one share purchase warrant of the company [...]
Nikos Explorations is pleased to announce that the first field program has been completed on the Ashuanipi property under option from Shawn Ryan . In addition, work has also been completed on the Nain and Hopedale properties on which Nikos has a right of first refusal to option. The Company also announces that it has received approval to extend the closing of its previously announced $2 million financing. Exploration [...]
Nikos Explorations is pleased to announce that Leo Karabelas has been appointed a director of the Company. Mr. Karabelas has more than 12 years of diverse experience in the mining industry, including the last 10 years as president of a Toronto based corporate communications and investor relations firm. Throughout his career Mr Karabelas has assisted numerous junior mining companies with corporate development and capital [...]
Nikos Explorations is pleased to announce its intention to carry out a non-brokered private placement offering of approximately 7,400,000 units at a price of CDN$0.20 per Unit for gross proceeds of approximately CDN$1,480,000. Each Unit will consist of one common share of the Company and one warrant entitling the holder thereof to purchase one additional Share at a price of CDN$0.30 for a period of 24 months from closing [...]
Nikos Explorations is pleased to announce that it has signed a LOI with Shawn Ryan to acquire gold properties in Labrador. The LOI gives the Company the option to acquire 100% of the 740 km2 Ashuanipi property in northwest Labrador as well as a right of first refusal for the Nain and Hopedale Greenstone (458 km2) properties in central Labrador. The Ashuanipi gold project is located just 35km from the historical iron ore [...]
VANCOUVER, BC / ACCESSWIRE / March 30, 2017 / Nikos Explorations Ltd. (TSX-V: NIK) (OTC PINK: NKOSF) ("Nikos" or the "Company") is pleased to announce that it has completed its previously announced drill program at the Borden Lake Extension Project near Chapleau, Ontario. Drilling intersected similar rock types as those described by Probe Mines during their drilling at Borden Lake, including biotite gneiss, garnet biotite [...]
VANCOUVER, BC / ACCESSWIRE / March 6, 2017 / Nikos Explorations Ltd. (TSXV: NIK) ("Nikos" or the "Company") is pleased to announce that a crew has arrived on site at its Borden Lake Extension Project near Chapleau, Ont., in preparation for drill mobilization. Drilling is expected to begin before the end of March. The diamond drill program is expected to be a minimum of 1,500 metres and will test chargeability anomalies [...]