King’s Bay Applies for Exploration Permit for Phase 2 Exploration on The Lynx Lake Project in Labrador
Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240
King’s Bay Applies for Exploration Permit for Phase 2
Exploration on The Lynx Lake Project in Labrador
Vancouver, July 6 th , 2017 – King’s Bay Gold Corporation (TSX.V: KBG) (FSE: KGB1) ,
operating as “King’s Bay”, a mineral exploration company based in Vancouver submits application
to Newfoundland and Labrador Government, Department of Natural Resources for the
commencement of phase 2 of the exploration program in south eastern Labrador.
Phase 2 of the Lynx Lake exploration program will involve ground truthing for the recently flown
VTEM survey, which highlighted an area of low resistivity in the western pit of mineralization. The
size of the anomaly is anticipated to be ranging in depth from 50-300 meters and estimated to be
approximately 400 meters in diameter. The “west pit” has been historically sampled yielding assays
of up to 1.03% Copper, 0.56% Cobalt, 0.23% Vanadium, 0.10% Nickel and 5.0g/t Silver.
The exploration program will consist of a localized ground electromagnetic survey over the
anomaly at 20-meter line spacing. It will also include reconnaissance for bedrock exposure in the
underexplored anomalous area that runs south of the west pit.
About Lynx Lake
The Lynx lake Project has returned historical grab samples assaying up to 1.39% Cu, 0.94% Co,
0.21% Ni and 6.5g/t Ag . Government regional low resolution residual magnetic surveys and
preliminary handheld electromagnetic unit surveys done by local prospectors have shown strong
conductors beneath the overburden, and provide incentive to explore the area further for additional
subsurface mineralization. The Project is located directly adjacent to a 3 phase powerline and the
Trans-Labrador Highway.
About King’s Bay
King’s Bay is focused on the exploration of cobalt and other high ‐tech metals in North America.
The company believes in this emerging fast ‐growth sector and will continue to seek out and
evaluate properties that show promise for development. King’s Bay Gold Corp is operating as
King’s Bay.
On Behalf of the Board,
Kevin Bottomley
CEO, President
Suite 1450 – 789 West Pender Street, Vancouver, BC, V6C 1H2 | Tel: 604.681.1568 | Fax: 604.681.8240
Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ from those
projected in the forward-looking statements. These forward-looking statements are subject to a
variety of risks and uncertainties and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking information . Risks that could change
or prevent these statements from coming to fruition include that the Company may not raise
sufficient funds to carry out our plans, changing costs for mining and processing; increased capital
costs; the timing and content of upcoming work programs; geological interpretations based on
current data that may change with more detailed information; potential process methods and
mineral recoveries assumption based on limited test work and by comparison to what are
considered analogous deposits that with further test work may not be comparable; the availability
of labour, equipment and markets for the products produced; and despite the current expected
viability of the project, that the minerals on our property cannot be economically mined, or that
the required permits to build and operate the envisaged mine cannot be obtained. The forward-
looking information contained herein is given as of the date hereof and the Company assumes no
responsibility to update or revise such information to reflect new events or circumstances, except
as required by law.