Labrador GOLD Announces Resignation of Director Kai Hoffmann
NEWS RELEASE May 9, 2025
LABRADOR GOLD ANNOUNCES RESIGNATION OF DIRECTOR KAI HOFFMANN
TORONTO, ON – May 9, 2025 – Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“LabGold” or
the “Company”) announces the resignation of Kai Hoffmann as a director of the Company. Mr. Hoffmann has
been an integral part of the Board of Directors since his appointment in 2019.
"On behalf of the members of the Board and management team of LabGold, I would like to thank Kai for his
valued contributions and commitment to the success of the Company over the past six year s," said Roger
Moss, President and CEO. "We wish Kai all the best in his future endeavours."
About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration
of prospective gold projects in Eastern Canada. The Company has approximately $18.1 million in cash.
The Hopedale property covers much of the Archean-age Florence Lake greenstone belt that stretches over
60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison.
Work to date by Labrador Gold show gold anomalies in rocks, soils and lake sediments over a 3 kilometre
section of the northern portion of the Florence Lake greenstone belt. F ive gold occurrences lie along this
trend, four of which Thurber Boundary, Thurber North, TD500 and Thurber South were discovered by
LabGold. Anomalous gold in soil and lake sediment samples also occur over approximately 40 km along the
southern section of the greenstone belt. LabGold’s recent exploration has also demonstrated the potential
for the critical metals copper, nickel and cobalt in the belt.
The Borden Lake project near Chapleau, Ontario lies immediately southeast of Newmont Corporation’s
Borden gold mine currently being acquired by Discovery Silver Corp. LabGold’s past exploration on the
property identified two anomalous zones based on geoche mistry, including up to 48 gold grains in till
samples, and geophysics, one in the north extending over 1.3km northwest -southeast and another in the
south extending over 1km north-south.
The Company has 170,009,979 common shares issued and outstanding and trades on the TSX Venture
Exchange under the symbol LAB.
For more information please contact:
Roger Moss, President and CEO Tel: 416-704-8291
Or visit our website at: www.labradorgold.com
X @LabGoldCorp
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This news release contains forward -looking statements that involve risks
and uncertainties, which may cause actual results to differ materially from the statements made. When
used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan ”, “anticipate”,
“believe”, “estimate”, “expect” and similar expressions are intended to identify forward -looking
statements. Such statements reflect our current views with respect to future events and are subject to
risks and uncertainties. Many factors c ould cause our actual results to differ materially from the
statements made, including those factors discussed in filings made by us with the Canadian securities
regulatory authorities. Should one or more of these risks and uncertainties, such as actual re sults of
current exploration programs, the general risks associated with the mining industry, the price of gold and
other metals, currency and interest rate fluctuations, increased competition and general economic and
market factors, occur or should assumptions underlying the forward looking statements prove incorrect,
actual results may vary materially from those described herein as intended, planned, anticipated, or
expected. We do not intend and do not assume any obligation to update these forward -looking
statements, except as required by law. Shareholders are cautioned not to put undue reliance on such
forward-looking statements.