(by way of TheNewswire)
Vancouver, British Columbia –TheNewswire –November 15, 2022 – Leopard Lake Gold Corp.(there “Firmor “Leopard Lake”) (CSE:LP) supplies an replace on the progress of its mining exploration work within the southern a part of Beauce (Quebec) and extra particularly within the areas of the previous mine of St. Robert(“St-Robert Bellarmine“)and St-Theophile.
REGIONAL GEOLOGICAL AND METALLOGENIC CONTEXT:
The St. Robert–St-Theophile sector, positioned on the border between Quebec and the state of Maine (USA)), is a comparatively underexplored area of southern Quebec. Nevertheless, the native geology, the presence of gold, polymetallic mineralization and iron formations within the volcano-sedimentary models of the Siluro-Devonian and the world of the Bella fault represent very favorable geological constructions for mineral exploration (Fig. 1). This geological context explains Leopard Lake’s intention to increase its exploration work to all the area between the municipality of St. Robert and Route 173 resulting in the Quebec–Maine border crossing (Jackman sector).
Click on on picture to view full dimension
Determine 1. Simplified geological map of the St-Robert-St-Théophile sector (South Beauce). Word the spatial distribution of gold showings within the rock (Marboro, Marston, Piopolis, the wolf’s and South-Amstrong) and gold placers (Bergeron Rivercarrying and camp stream).
Exploration work accomplished in 2022:
In Could, June and August 2022,theNationwide Institute of Scientific Analysis(“INRS”) carried out 5 audiomagnetotelluric sections 2 km lengthy (steady profiling and stations each 50m). These sections had been made with the purpose of clarifying the deep geology of the world of the previous St. Robert mine. These geophysical information will likely be used, amongst different issues, to find the basic constructions (faults) conducive to the institution of gold mineralization within the sector. Throughout the identical interval, the sphere group carried out three geoelectric tomographic sections (resistivity and electrical chargeability) with a size of 1000m and really excessive spatial decision (electrodes each 5m) to specify the thickness of the glacial sediments and forest soils above bedrock and find areas {of electrical} chargeability (disseminated sulphides) that may be sampled by mechanized excavation from the floor.
In July 2022the INRS group had the chance to map and pattern new quarries (careers 1, 2 and three) utilized by Domtar as sources of aggregates for the restore of forest roads within the area (jap sector of the Rivière the wolf’s) (Determine 2). Geological mapping work has proven the presence of a number of generations and sorts of quartz-chlorite-iron-carbonate and sulphide veins intersecting folded sedimentary rocks within theneighborhood of main faults with graphitic surfaces (Fig. 3 and 4). As well as, this work highlighted the presence of blackish sandstone and mudslate models containing semi-massive or disseminated pyrite mineralization with stratigraphic management and increasing over lengthy distances in quarries.#1and#3(greater than 100m). These sulphide mineralized zones had been the topic of a set of round 100 samples which had been characterised within the INRS laboratories. These samples had been despatched the third week of October 2022 on the Actlabs laboratory (Ancaster, Ontario) for the evaluation of gold and hint parts indicative of gold mineralization by the instrumental neutron activation evaluation (INAA) technique.
Determine 2.Location of quarries 1, 2 and three positioned northeast of St. Robert Bellarmine.
Click on on picture to view full dimension
Click on on picture to view full dimension
image 3
. Fold and horizon of pyritized mud positioned alongside the primary fault of quarry #1 (restrict of St. Robert and St-Théophile). The place of the geologist signifies the place of the zone wealthy in sulphides
stratigraphic
unity.
Determine4. Deformations, folds, veins and sulphide mineralization noticed in quarry #3 within the St-Théophile sector (east of provincial street 173).
Figures 5a and 5bpresent sulphide mineralization and hydrothermal breccias noticed in quarries east of the river the wolf’s. On this area, the rocks are ceaselessly wealthy in sulphides and intensely injected with a number of generations of quartz veins.
Click on on picture to view full dimension
Determine 5a. A and B: bands of sulphides within the sandstones of quarry 1, C and D: hydrothermal breccias of profession 3.
Click on on picture to view full dimension
Determine 5b.Sulphide fracture (A) intersecting a blackish pyritized mudslate (A and B) from quarry n°1.
Certified particular person
Marc Richer-LaFlèche, Ph.D., geo, a professional particular person inside the which means of Nationwide Instrument 43-101Disclosure requirements for mining tasks, has learn, reviewed and authorised the scientific and technical content material of this press launch. Mr. Richer-LaFlèche is an impartial geologist of the Firm.
ON LEOPARD LAKE GOLD CORP.
Leopard Lake is engaged in mineral exploration and mineral asset acquisition actions in Canadatogether with the St-Robert property which incorporates 4 mining claims in Beauceville and 102 mining claims within the townships of Riseborough and Marlow in Saint-Robert Bellarmine, Quebecand the Stella property positioned within the Abitibi area Northwestern Quebeccomposed of 52 contiguous mining titles for a complete of two,987 hectares, roughly 65 kilometers east of the city of Val d’Or. Its goal is to find and develop financial properties of treasured metals and base metals and to conduct its exploration program on the Leduc Gold Venture. The Leduc Gold Venture consists of 9 unpatented mining claims (114 cells) which covers an space of roughly 2,290 hectares close to Jellicoe, Ontario, Canadainside the Thunder Bay Mining Division.
For extra data and to view a French copy of the press launch, please go to the Firm’s web site:www.leopardlake.ca
Behalf Leopard Lake Gold Corp.
Robert Coltura
CEO and President
For extra data, please contact:
Robert Coltura
CEO and President
9285 203B Road
Langley, British Columbia
V1M 2L9
Cellphone: (604) 290-6152
Ahead-looking statements:
This press launch incorporates forward-looking statements and forward-looking data (collectively, “forward-looking statements”) inside the which means of Canadian legislation and WE securities laws. All statements, aside from statements of historic truth, included herein, together with, with out limitation,statements on theexploration actions at St. Robert Bellarmine and St-Theophile, in addition to the Firm’s anticipated enterprise plans and schedule of future actions, are forward-looking statements. Though the Firm believes these statements to be affordable, it can’t assure that these expectations will show to be appropriate. Ahead-looking statements are usually recognized by phrases akin to: “believes”, “will”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “might” , “ought to”, “potential”, “anticipated”, or variations of those phrases and related phrases and expressions, which by their nature seek advice from future occasions or outcomes that will, may, may or will happen or be taken or achieved. In making the forward-looking statements contained on this press launch, the Firm has utilized a number of essential assumptions, together with, with out limitation, that the exploration packages of the Firm’s tasks will be capable to proceed in well timed, that there will likely be investor curiosity in future funding tasks,market fundamentals will lead to sustained demand and costs for treasured metals, the receipt of all crucial permits, licenses and regulatory approvals for future exploration and growth of the Firm’s tasks in a well timed method, the provision of financing on acceptable phrases for the exploration and growth of the Firm’s tasks; and the Firm’s capacity to adjust to environmental, well being and security legal guidelines.
The Firm cautions buyers that the Firm’s forward-looking statements are usually not ensures of future outcomes or efficiency, and that precise outcomes might differ materially from these within the forward-looking statements attributable to a wide range of elements, together with operational and technical difficulties in reference to mining exploration and growth actions, the precise outcomes of exploration actions, the estimation or realization of mineral reserves and mineral sources, the shortcoming of the Firm to acquire the mandatory financing to hold out its actions and its affairs, as at present contemplated, the timing and quantity of estimated future manufacturing, manufacturing prices, capital expenditures, prices and timing of growing new fields, further capital necessities, future costs of treasured metals, modifications usually financial situations, modifications in monetary markets and out there demand and value for commodities, lack of investor curiosity in future financing, accidents, labor disputes and different dangers of the mining trade, delays in acquiring governmental approvals, permits or financing or in finishing growth or building actionsdangers associated to epidemics or pandemics akin to COVID-19, together with the affect of COVID-19 on the Firm’s enterprise, monetary situation and outcomes of operationsmodifications in legal guidelines, laws and insurance policies affecting mining operations, title disputes, the Firm’s failure to acquire crucial permits, consents, approvals or clearances, together with by the Canadian Securities Alternate, the timing and the doable consequence of any pending litigation, environmental points and liabilities, and dangers associated to three way partnership actions, and different dangers and uncertainties disclosed within the Firm’s most up-to-date MD&A and filed with sure securities commissions in Canada. All the Firm’s Canadian public filings can be found by means of www.sedar.com and readers are inspired to seek the advice of these filings..
Readers are cautioned to not place undue reliance on forward-looking statements. The Firm undertakes no obligation to replace any forward-looking statements contained on this press launch or integrated by reference herein, besides as in any other case required by legislation.
Copyright (c) 2022 TheNewswire – All Rights Reserved.
Copyright (c) 2022 TheNewswire – All rights reserved., supply Press Releases
