VANCOUVER, BC, July 5, 2023 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) ("Palisades" or the "Company") is pleased to announce that New Found Gold Corp. ("New Found"), a significant equity investee of Palisades within the meaning of applicable Canadian securities legislation, has announced the results of a further five diamond drill holes that were completed as part of a follow-up drill program at the new Iceberg discovery at New Found's 100%-owned Queensway Project in Newfoundland and Labrador.
For further details regarding the Iceberg and Iceberg East zones, including the results of the drill holes and information of a technical nature thereto, highlights, images and maps, please see New Found's news release dated July 5, 2023, accessible on New Found's website () and under New Found's profile on SEDAR .
About Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a resource investment company focused on junior companies in the resource and mining sector. The Company seeks to acquire equity participation in pre-initial public offering and early-stage public resource companies with undeveloped or undervalued high quality projects. The Company focuses on companies that are in need of financial resources to realize their full potential, are undervalued in capital markets and/or operate in jurisdictions with low to moderate local political risk. The Company expects to continue to make investments, pursuant to its dual investment strategy, to achieve broad sector exposure with upside in the event of appreciation in mineral commodities prices, while also providing the potential to realize appreciation in net asset values as a result of discoveries by issuers in which the Company holds larger positions. The Company is listed on the TSX Venture Exchange under the stock symbol "PALI". Palisades holds a diverse portfolio of securities and derivatives, among which it holds a 26.42% interest in New Found Gold Corp. (TSX-V: NFG).
On behalf of the Board of Directors
"Collin Kettell"
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
SOURCE Palisades Goldcorp Ltd.
卑詩省溫哥華， 2023年7月5日 /CNW/-Palisades Goldcorp Ltd.（多倫多證券交易所股票代碼：PALI）(”Palisades “或者”公司“) 很高興地宣佈 New Found Gold Corp. (”新發現“）是適用的加拿大證券立法所指的Palisades的重要股權投資者，宣佈了另外五個鑽石鑽孔的結果，這些鑽孔是作爲New Found 100％擁有的昆士蘭道項目的新Iceberg發現的後續鑽探計劃的一部分 紐芬蘭 和 拉布拉多犬。
有關冰山和冰山東部的更多細節，包括鑽孔的結果及其技術性信息、亮點、圖像和地圖，請參閱New Found的新聞稿 2023年7月5日，可在 New Found 的網站 () 和 New Found 在 SEDAR 的個人資料下訪問。
關於 Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. 是一家資源投資公司，專注於資源和採礦領域的初級公司。該公司尋求收購首次公開募股前的股權，以及擁有未開發或被低估的高質量項目的早期公共資源公司的股權。該公司專注於需要財務資源以充分發揮其潛力、在資本市場被低估和/或在當地政治風險低至中等的司法管轄區運營的公司。該公司預計將繼續根據其雙重投資策略進行投資，以在礦產大宗商品價格升值時實現廣泛的行業敞口，同時也有可能因發行人發現公司持有較大頭寸而實現淨資產價值升值。該公司在多倫多證券交易所風險投資交易所上市，股票代碼爲 “PALI”。Palisades持有多元化的證券和衍生品投資組合，其中持有New Found Gold Corp.（多倫多證券交易所股票代碼：NFG）26.42％的權益。
代表董事會
“科林·凱特爾”
多倫多證券交易所風險交易所及其監管服務提供商（該術語在多倫多證券交易所風險交易所的政策中定義）均未審查本新聞稿的充分性或準確性，也未承擔責任。
來源 Palisades Goldcorp Ltd.
