COMPANIES
Leaders in Newfoundland’s exploration and mining industry
News Releases from Our members
NEWFOUNDLAND GOLD
Opawica Explorations Inc.
Sky Gold Corp.
Labrador Gold
K9 Gold Corp.
Leocor Gold Inc.
Exploits Discovery CORP.
C2C Gold Corp.
Gander Gold
TRU Precious Metals CORP.
Sokoman Minerals Corp.
King Global Ventures
Gold Island Inc.
Canstar Resources INC.
MLK Gold LTD.
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Leaders in Newfoundland’s exploration and mining industry
C2C Gold Corp. (CTOC.CSX) is a leading mineral exploration company in Canada. The Company is concentrated on exploration and resource development in accessible regions in the Central Gold Belt of Newfoundland. Mineral development in Newfoundland has advanced significantly with increased exploration and development activities throughout the province.
C2C is led by a team with a track record of discovery that has the financial capacity and technical expertise to fully exploit the Company’s impressive exploration portfolio. We have a clear objective to create value, leverage investment risk and maximize the probability of long-term success by executing an aggressive, disciplined, innovative, exploration approach.
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Exploits Discovery Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company holds the Middle Ridge, True Grit, Great Bend, Mt. Peyton, Jonathans Pond, and Gazeebow projects, which cumulatively cover an area over 2,000 km². All projects within Exploits’ portfolio lie within the Exploits Subzone and Gander River Ultramafic Belt (GRUB) of the Dunnage Zone, which contain the majority of Newfoundland’s gold mineral occurrences and exploration efforts, including New Found Gold’s 2019 discovery of 92.86 g/t Au over 19.0 meters near surface. The Exploits Subzone has been the focus of major staking and financing throughout 2020, with increased exploration activities forecasted in the area moving into 2021.
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New Found is advancing its 100% owned high-grade 1,500km2 Queensway gold project, located on the Trans-Canada highway 15km west of Gander, Newfoundland. A 200,000m drill campaign is underway utilizing eight drills, focused on a 7.8km corridor along the Appleton fault and a 12.4km corridor along the JBP fault. On the Appleton fault, following up on the initial discovery hole that returned 19m of 92.9 g/t Au at the Keats Zone, a wide zone of high-grade gold mineralization has now been drill-defined starting at bedrock surface and extending 350m down plunge and open, with step-out drilling continuing. At the Lotto Zone 2km north of Keats, from the initial discovery hole of 41.2 g/t Au over 4.75m and 25.4 g/t Au over 5.15m, follow up drilling is indicating continuity to depth with recent deeper results including 225g/t Au over 2.5m. Multiple other high-grade targets are now being pursued over 7.8km along the Appleton Fault Zone and 12.4km along the JBP Fault Zone. Work is also underway to define additional drill targets on +100km of prospective strike along the Appleton and JBP fault structures on the southern portion of the Queensway property. With approximately $75 million in working capital New Found is well funded to pursue its exploration programs.
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Labrador Gold is a Canadian-based mineral exploration company focused on the Kingsway gold project in the Gander area of Newfoundland. The property is located along strike to the northeast of New Found Gold’s discovery of 92.86 g/t Au over 19.0 metres on their Queensway property. The company’s Big Vein target is highlighted by a 1,065g/t gold sample containing visible gold and has been outlined over a strike length of 400m within a larger 7.5km corridor of intermittent quartz veining. The company recently commenced a 10,000m drill program at Big Vein to test for high-grade epizonal gold mineralization throughout the target.
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Sky Gold Corp. is a junior mineral exploration company engaged in acquiring and advancing mineral properties in Canada and the USA. Sky is active in Newfoundland with two prospective properties exploring for gold plus owns the Evening Star property, located 12 km southeast of Hawthorne, NV, which is prospective for gold mineralization and CRD (Carbonate Replacement Deposit) base and precious (silver and gold) mineralization.
Leocor Gold Inc. is a British Columbia-based resource company involved in the acquisition and exploration of precious metal projects, with a current focus in Atlantic Canada. Leocor, through outright ownership and earn-in agreements, currently controls several gold-copper projects in prime exploration ground located within the prolific Baie Verte Mining District. Leocor’s Bae Verte portfolio includes the Dorset, Dorset Extension, Copper Creek and Five Mile Brook projects, creating a contiguous nearly 2,000 hectare exploration corridor. In addition the Company also controls three district scale land packages in North Central Newfoundland, known as Robert’s Arm, Hodge’s Hill, and Leamington, representing over 144,000 hectares (1,440 square kilometers) of prospective exploration ground covering numerous regional geologically favorable corridors conducive to gold mineralization.
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Opawica Explorations Inc. is a Canadian mineral exploration company established in 1975 and engaged in the acquisition and development of mineral properties in Canada for hosting gold and
base metal deposits. The Company holds a strong portfolio of gold properties in Newfoundland and
Labrador, including the Enterprise, Lil d’Espoir Lake, Chapel Island, Density, Eclipse and Mass
projects, which total approximately 390 km 2 within Central Newfoundland. The Company also holds The Bazooka and Arrowhead gold properties within the Rouyn-Noranda region of the Abitibi Gold Belt in Québec.
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Commitment to ESG Principles
The long-term success of the member companies of Newfoundland.Gold requires the integration of sustainability into all aspects of our business. Leading environmental, social and governance performance is strongly correlated to strong financial and performance in the field and creation of long-term value for our shareholders and other stakeholders. This includes striving to meet the highest standards, contributing toward sustainable development and serving as responsible natural resource stewards to ensure we make positive and lasting impacts on the communities where we operate. Our member companies are responsible to their shareholders, governments, and community stakeholders as we advance projects forward.
Collectively, we strike to consider appropriate best practices and innovative methods to meet and exceed these responsibilities, within our financial means, to best serve our shareholders’ interests and align our Company with the communities where we live and work.
Environment
Newfoundland.Gold and its members are committed to operating in a manner that limits environmental impacts and serves to return the environment to conditions that existed prior to commencement of operations.
Newfoundland.Gold is committed to environmental performance.
- Respecting the opportunity to reduce carbon emissions and minimize carbon emissions through our practices and decisions.
- Using best practices and innovative technologies, to protect underground sources of drinking water.
- The use of best practices and innovative technology to minimize and eliminate potential emissions and release that will impact both the environment and the public.
- We will manage our activities for exploration, development, production, and reclamation to minimize our environmental footprint and limit land disturbance.
Social
At Newfoundland.Gold our member companies begin by creating a strong, united workforce with a commitment to safety as a way of life. Safety is our first value and leading measure of excellence, and our governing safety principles apply to our employees, contractors, visitors, and vendors at our sites, and to any location where an employee is engaged in work activities. We approach safety with both vigilance and humility, understanding that incident-free workplaces can be achieved only by accountability and continuous improvement at all levels of our organization.
We seek a workforce that is comprised of diverse backgrounds and experiences. Our company strives to attract and retain the best people, develop their potential, and align their skills to important initiatives and activities. We believe in fostering an inclusive work environment built on mutual trust, respect, and engagement. Our people are at the core of our ability to deliver business results and benefit our communities.
The mineral sector provides an essential product that enables economic prosperity and a better quality of life for individuals and communities worldwide. We also are providing employment opportunities, payroll taxes, royalties, and charitable contributions for the local communities where our employees live and work. Together, that economic activity generates throughout the value chain indirect economic benefits into the communities where we operate that is supports direct contributions that create jobs and strengthen communities, including wages, taxes, capital investments and vendor contracts.
Our member companies have respect for the indigenous people where we operate throughout the life of mine process. We believe in consultation as required under legislation in a dual path with community engagement. We are strong advocates for engaging with the community, governments, and indigenous communities in proactive and innovative manners – early and often. We believe in operating with legal agreements in place with Indigenous governments, where appropriate, to ensure we provide socioeconomic benefits during exploration, development, and mining.
At all times we seek to create spin off benefits from our operations as a means of ensuring greater economic and social benefits from our activities.
Governance
Our member companies are responsible operators and ensure corporate, health, safety, and environmental policies in place to ensure a safe workplace that is respectful of our employees. Health and safety policies are reviewed with regulators to ensure compliance and to protect our employees, communities, and shareholders.
We collectively seek a diverse and inclusive work force through the employment of women and members of indigenous communities. Our pay scales are competitive and meant to be equitable and fair for all employees.
Corporate governance policies range from a Code of Conduct and social media guidelines to the prevention of insider trading and sharing of confidential information. We have policies in place to ensure we do not expose the Company to bribery, extortion and money laundering.
At all times we strive to conduct ourselves in a respectful, professional, accountable manner.
