Labrador Gold Provides Update on Exploration at the Hopedale and Borden Lake Extension Gold Projects

Core Insights - Labrador Gold Corp. is advancing its exploration programs in 2025 at the Hopedale and Borden Lake gold projects, focusing on orogenic gold and other mineral deposits [1][25] - The Hopedale property is situated in the Florence Lake greenstone belt, which is underexplored compared to similar global belts, showing significant gold anomalies [25] - The Borden Lake Extension property is adjacent to Discovery's Borden Gold Mine, with ongoing exploration efforts to identify mineralization [26] Hopedale Project - The 2025 exploration program primarily targets the Thurber Gold trend, a 3-kilometer area with notable gold occurrences [2] - A 26-line kilometer Induced Polarization (IP)/Resistivity survey was conducted, revealing a trend of moderate chargeability and high resistivity linked to significant gold occurrences [3][4] - Detailed mapping and sampling efforts have identified gold grades of 2.2g/t Au and nickel values ranging from 0.15% to 0.25% in various locations [5] Borden Lake Extension - A drone magnetic and LiDAR survey was initiated to better understand the geological contact between different rock types in the Borden Lake Extension [11] - Field crews located 43 outcrops and collected 30 bedrock samples, although no obvious mineralization was found [14] - The magnetic survey identified a significant east-northeast trending lineament, correlating with geological features interpreted from Ontario Geological Survey data [15] Project Acquisition Update - Labrador Gold is actively evaluating resource opportunities in Canada, having reviewed 29 resource projects and 22 pre-resource projects for potential significant resources [19]