Leocor Gold Becomes Founding Member of Newfoundland.Gold Alliance

is pleased to announce it has become a founding member of Newfoundland.Gold, a strategic marketing alliance established by leaders in Newfoundland and Labrador’s gold exploration and mining sector.

Newfoundland.Gold is a member of a collective marketing alliance, NLMines.com, focused on bringing awareness to the collective exploration and mining industry in Canada’s Newfoundland & Labrador.

“We’re pleased to join the others in Newfoundland.Gold with the goal to help promote the province as a premier exploration destination,” said Alex Klenman, CEO of Leocor Gold.

This online event will include corporate presentations from member companies, moderated by industry thought-leaders and will feature keynote speakers daily.

Mining is one of Newfoundland and Labrador’s largest and oldest industries, and a major contributor to the economy of the province.

The Company also controls the 6,847-ha grassroots Startrek project near Gander, as well as three district scale land packages in North Central Newfoundland, known as Robert’s Arm, Hodge’s Hill, and Leamington, representing over 144,000 hectares of prospective exploration ground covering numerous regional geologically favorable corridors conducive to gold mineralization.

Although Leocor believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct.

Leocor cautions investors that any forward-looking information provided by Leocor is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to: the agreement of the parties to proceed with the proposed transaction on the terms set out in the Option Agreement or at all; Leocor’s ability to exercise the Option; the state of the financial markets for Leocor’s securities; the state of the natural resources sector in the event the Option is completed; recent market volatility; circumstances related to COVID-19; Leocor’s ability to raise the necessary capital or to be fully able to implement its business strategies; and other risks and factors that Leocor is unaware of at this time.

The forward-looking statements contained in this press release are made as of the date of this press release.

…Read the full story