Labrador Gold Announces Resignation of Director Kai Hoffmann

Company Overview - Labrador Gold Corp. is a Canadian mineral exploration company focused on acquiring and exploring gold projects in Eastern Canada [2] - The company currently has approximately $18.1 million in cash [2] - Labrador Gold has 170,009,979 common shares issued and outstanding, trading on the TSX Venture Exchange under the symbol LAB [5] Recent Developments - Kai Hoffmann has resigned as a director of the company, having been part of the Board of Directors since 2019 [1] - The company's President and CEO, Roger Moss, expressed gratitude for Hoffmann's contributions over the past six years [2] Exploration Projects - The Hopedale property covers much of the Florence Lake greenstone belt, which is 60 km long and has shown gold anomalies over a 3 km section [3] - Five gold occurrences have been identified along the trend, with four discovered by Labrador Gold [3] - Anomalous gold has also been found over approximately 40 km along the southern section of the greenstone belt, with potential for critical metals such as copper, nickel, and cobalt [3] Borden Lake Project - The Borden Lake project is located near Chapleau, Ontario, southeast of Newmont Corporation's Borden gold mine [4] - Past exploration identified two anomalous zones based on geochemistry and geophysics, with up to 48 gold grains found in till samples [4]