Korelin Economics Report

Labrador Gold – Drill Results From Big Vein Intersecting 20.88g/t Gold Over 5 Meters, Part Of The Ongoing 100,000 Meter Drill Program

Roger Moss, President of Labrador Gold (TSX.V:LAB OTCQX:NKOSF) joins me to recap the January 12th news release reporting 2 drill holes from the Big Vein area on the Kingsway Project in Newfoundland. Highlights of the drilling include an intersection of 20.88 g/t Au over 5 meters that included 124.21g/t Au over 0.81 meters and 7.41 g/t Au over 1.0 meters in Hole K-22-206, and 6.04 g/t Au over 1.20 meters in Hole K-22-208. Both holes were drilled at the north end of Big Vein.

 

We discuss the location of these holes (see Figure 1 posted below) and how it fits into the big picture plans for this area. We then shift focus to the ongoing 100,000 meter drill program that has around 37,000 meters still to be drilled. I have Roger outline where these meters will be focused and the work that is going on in the background to advance targeting.

 

If you have any follow up questions for Roger please email me at Fleck@kereport.com

 

 

Click here to visit the Labrador Gold website to read over the recent news.

 

Figure 1. Big Vein plan map.
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