ST. JOHN’S Newfoundland and Labrador, Aug. 09, 2018 (GLOBE NEWSWIRE) -- Vulcan Minerals Inc. (“the Company” - “Vulcan” TSX-V:VUL) announces that it plans further prospecting work on its Lizard Pond gold property in central Newfoundland particularly in light of the recent results announced by Sokoman Iron Corp. (Sokoman) on its Moosehead project which included a bonanza grade mineralized drill intersection of 11.9 metres of 44.96 grams per tonne gold (see Sokoman news release of July 24th for full details). The Lizard Pond property covers 233 claims (5,825 hectares) including prospective ground for gold deposits in Paleozoic sediments and related intrusives along the margins of the Mount Peyton pluton. This is a similar geologic setting to the Moosehead project which lies 40 kilometers north of Lizard Pond. Numerous claims have been staked in response to Sokoman’s announcement south of Moosehead along the Mount Peyton trend and have now linked up with Vulcan’s land position at Lizard Pond demonstrating the perceived prospectively of the area.
Vulcan Minerals Inc. – Lizard Pond Gold Property in Central Newfoundland
Aug 09, 2018
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