Vancouver, British Columbia (Newsfile Corp. - November 30, 2021) - Quadro Resources Ltd. (TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2) ("Quadro" or the "Company") is pleased to announce that, subject to regulatory
Quadro Resources Ltd : Quadro Announces Completion of Drilling at Long Lake and Mobilization of Drill to Its Staghorn Project, Newfoundland Gold Belt finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Quadro Resources Ltd.: Quadro Updates on Exploration at Its Careless Cove Property in the Central Newfoundland Gold Belt
Quadro Resources Ltd.
(TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2)
( Quadro or the Company ) is pleased to provide an exploration update on its recently announced soil sampling and prospecting survey on the Careless Cove property (the Property ), located southwest of Glenwood in east-central Newfoundland (see Quadro press release dated April 28, 2021). Previous work on the two claim blocks, which comprise the Property, resulted in the discovery of gold mineralization up to 11.38g/t Au from the Eastern Block, and 59.413 g/t Au from the Western Block as described below.
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).
) ( Quadro or the Company ) is pleased to announce the mobilization of a drill rig to the Staghorn Property in Newfoundland. Drilling is set to resume, following-up on the successful 2020 drill program at the Marks Pond Gold zone. This 1500 m drill program will take advantage of winter conditions to allow for easier access to drill sites using frozen trails across boggy terrain. A program of 50 meter step-outs is planned and results will be released as they become available. This first phase 2021 drilling will be followed by other programs at Ryan s Hammer and Victoria Lake in July.
Recent drill results at the Staghorn project (Quadro press dated Jan 5, 2021) were highlighted by the discovery of a new gold zone within the Cape Ray Fault Zone corridor and included