Quadro Resources Ltd.: Quadro Intersects 20.37 g/t Au over 0.5 m and 3.89 g/t Au over 2.5 m in Undercut Drill Holes at Staghorn Gold Project in the Central Newfoundland Gold Belt
Quadro Resources Ltd.
(TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2) ( Quadro or the Company ) is pleased to report it has completed the winter drill program on the Staghorn Gold Property located in southwestern Newfoundland. The Staghorn property consists of 160 claim units covering 4000 hectares (40 sq. km). A total of 1403 meters was completed in ten holes, all targeted on the Marks Pond gold zone. The drilling consisted of a series of 50-meter spaced step-out and undercut holes to the northeast of the discovery hole MP20-02. Drilled in late 2020, this hole intersected a gold zone assaying 3.22 g/t Au over 5.0m, within a wider intersection of 1.98 g/t Au over 12.0m (see Quadro press release dated January 5, 2021).