Article

Labrador Gold Corp. has signed an agreement with Nemo Resources Inc. to establish a joint venture through Elementary Minerals Inc. for the exploration of the Watson Project in Northwestern Ontario. The Watson Project, covering 127,100 hectares, represents the largest landholding in the Fort Hope Greenstone Belt, which remains underexplored compared to other belts in Ontario.

The exploration will focus on gold, with potential for critical minerals. A road to the Ring of Fire is set to reduce development costs significantly.