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Leocor Mining Begins Drilling at Its Copper-Gold Baie Verte Project in Newfoundland

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Executive Summary

Leocor Mining Inc. has initiated drilling operations at its Baie Verte copper-gold project in Newfoundland and Labrador, marking a significant advancement in the company's exploration activities. The project encompasses a substantial 2,002-hectare contiguous land package in the historically productive Baie Verte Peninsula mining district.

The commencement of drilling represents a key operational milestone for Leocor, which has positioned itself as a junior resource company focused on gold-copper exploration and development across Eastern Canada. The company trades on the Canadian Securities Exchange under the symbol LECR and on the OTCQB market as LECRF, having recently rebranded from Leocor Gold Inc. to reflect its broader copper-gold focus.

The Baie Verte Peninsula has a rich mining heritage and geological setting that has historically hosted significant copper and gold mineralization. The region's established infrastructure and mining-friendly jurisdiction provide favorable conditions for exploration and potential future development activities.

This drilling program positions Leocor to advance its understanding of the mineralization potential within its substantial land position. Success at Baie Verte could significantly enhance the company's project portfolio and provide important data for future exploration targeting and resource definition efforts in this prospective geological terrain.
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