TORONTO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.

V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that the board of directors of the Company have approved 2025 exploration programs for the 100% owned Hopedale and Borden Lake gold projects. Hopedale The district scale Hopedale property covers a 43km strike length of the Archean-age Florence Lake greenstone belt which has characteristics typical of greenstone belts around the world but has been underexplored by comparison. Recent exploration by LabGold has resulted in the identification of 11 significant mineral occurrences over the length of the property including five gold occurrences, three nickel occurrences, two copper-silver occurrences and a zinc-copper occurrence (Figure 1).

The 2025 program will mainly focus on the Thurber gold trend, defined by four significant gold occurrences surrounded by anomalous gold in rock and soil samples stretching over a three-kilometre strike length (Figure 2). An induced polarization/resistivity survey is planned to cover the three kilometre trend in order to further refine drill targets for a first stage drill program. In addition, mapping and sampling will be undertaken particularly between Thurber North and Thurber boundary where work during 2024 indicates the potential to extend the Thurber gold trend a further 1.

5 kilometres to the northern boundary. Elsewhere on the property, prospecting and mapping will be carried out ov.