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.
卑诗省温哥华, 2023年7月5日 /CNW/-Palisades Goldcorp Ltd.(多伦多证券交易所股票代码:PALI)(”Palisades “或者”公司“) 很高兴地宣布 New Found Gold Corp. (”新发现“)是适用的加拿大证券立法所指的Palisades的重要股权投资者,宣布了另外五个钻石钻孔的结果,这些钻孔是作为New Found 100%拥有的昆士兰道项目的新Iceberg发现的后续钻探计划的一部分 纽芬兰 和 拉布拉多犬。
有关冰山和冰山东部的更多细节,包括钻孔的结果及其技术性信息、亮点、图像和地图,请参阅New Found的新闻稿 2023年7月5日,可在 New Found 的网站 () 和 New Found 在 SEDAR 的个人资料下访问。
关于 Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. 是一家资源投资公司,专注于资源和采矿领域的初级公司。该公司寻求收购首次公开募股前的股权,以及拥有未开发或被低估的高质量项目的早期公共资源公司的股权。该公司专注于需要财务资源以充分发挥其潜力、在资本市场被低估和/或在当地政治风险低至中等的司法管辖区运营的公司。该公司预计将继续根据其双重投资策略进行投资,以在矿产大宗商品价格升值时实现广泛的行业敞口,同时也有可能因发行人发现公司持有较大头寸而实现净资产价值升值。该公司在多伦多证券交易所风险投资交易所上市,股票代码为 “PALI”。Palisades持有多元化的证券和衍生品投资组合,其中持有New Found Gold Corp.(多伦多证券交易所股票代码:NFG)26.42%的权益。
代表董事会
“科林·凯特尔”
多伦多证券交易所风险交易所及其监管服务提供商(该术语在多伦多证券交易所风险交易所的政策中定义)均未审查本新闻稿的充分性或准确性,也未承担责任。
来源 Palisades Goldcorp Ltd.