Labrador Gold Corp. is a Canadian based mineral exploration and investment company focused on the discovery and advancement of gold and copper resources in Canada. Its projects are located in Newfoundland and Labrador, Ontario and the Yukon, all excellent jurisdictions for mineral exploration.
Mariposa, the company’s most recent acquisition through an option agreement with Pacific Ridge Exploration, is located in the White Gold District and is 40 kilometres southeast of the White Gold Project and 30 kilometres east-northeast of Fuerte's Coffee gold project. Mariposa shares many geological similarities to both the Golden Saddle (part of the White Gold Project) and Coffee gold deposits including host lithologies, mineralization style and structural control. Six significant gold occurrences are currently known, including the most advanced Skookum Main and Skookum West prospects. Drilling at Skookum Main in 2011 intersected 1.51g/t Au over 81.5m from 24.5m including 2.44g/t Au over 38.9m from 29.1m. Trenching at Skookum west returned 1.40g/t Au over 40m including 1.83g/t Au over 20m in SWTR12-11. The Company is currently undertaking its inaugural exploration program at Mariposa.