Labrador Gold – JV With Nemo Resources To Explore The Watson Project, Northwest Ontario
In this special video company update, I am joined by Roger Moss, President and CEO of Labrador Gold (TSX.V:LAB – OTCQX:NKOSF – FSE:2N6), and Ryan Weston, Vice President of Exploration. The team provides a deep dive into their recent strategic joint venture with Nemo Resources, focusing on the newly formed private entity, Elementary Minerals, and its flagship Watson Project in Northwestern Ontario.
Key Discussion Points:
- The Strategic Joint Venture: Roger Moss explains the formation of Elementary Minerals and the partnership with Nemo Resources. Labrador Gold holds an 80% interest in this new venture, combining technical expertise to explore the highly prospective Fort Hope Greenstone Belt.
- The Watson Project Opportunity: Ryan Weston outlines the geological significance of the project, located in the Uchi Domain—the same belt that hosts the legendary Red Lake and Pickle Lake camps. The project covers 127,000 hectares with no underlying royalties.
- Overcoming Geographical Hurdles: The team discusses why this area has remained under-explored. Despite the success of neighboring belts, the Watson Project has been hidden by cover, but new geophysical tools and techniques developed in the Ring of Fire are now being applied to unlock its potential.
- Exploration Roadmap for 2026/2027: The company is fast-tracking work with a significant airborne EM survey planned for this winter, followed by soil sampling in the summer. The goal is to define high-priority drill targets for a maiden drilling program by early 2027.
- Infrastructure and the Ring of Fire Road: A major catalyst for the project is the proposed Ring of Fire supply road, which is slated to pass directly through the property. This development is expected to significantly lower future exploration and operational costs.
Please email me with any questions for Roger or Ian. My email address is Fleck@kereport.com.
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And there it is Trump Derangement Syndrome
(TDS) Who will protect the homeland when the war starts probably not the Chinese. Not to worry the USA will keep Canada safe!
You sound like a boomer. Can’t wait until you are all dead.
You also need to improve your reading comprehension. Start with “Curious George” and build from there.
Yes, you have got it right.
spanky, Forget oil at $120 try $300 to $400 per barrel when The Straits of Hormuz close. Watch The US deficit increase exponentially and the price of precious metal might initially experience a decline but then Gold and Silver will fly because of all the uncertainty. DT
For all my American friends and colleagues out there, I was deployed to the Persian gulf in 1981 and patrolled the straits and there’s no way that happens, the Us navy is so sophisticated that if there is a blow up, it’ll be over in 28 minutes under this administration!
When the US starts the war with Iran, it is going to set off WW3 proper. When the first US aircraft carrier is sunk, oil will be $120+ and pretty much all other commodities (including gold and silver) and global stock markets will plunge.
And never forget, this is a war of choice. The US govt is completely depraved and evil.