08:32 AM EDT, 06/19/2025 (MT Newswires) -- Labrador Gold ( NKOSF ) on Thursday said that work has begun on the 2025 exploration program at the Hopedale gold project in Labrador.

The company said exploration on the property will focus along the Thurber Gold trend on the northern most license. The trend will be covered by a 33-line kilometre IP/Resistivity survey designed to detect chargeability anomalies due to pyrite and/or arsenopyrite mineralization associated with the gold and resistivity anomalies from alteration of the host rocks.

"Elsewhere on the property, recently discovered occurrences of gold and copper will be followed up with mapping and prospecting to further extend the known extent of the mineralization," said Labrador Gold ( NKOSF ) Chief Executive Roger Moss.

Prospecting and mapping will also be undertaken on the southern license in the Rusty Ridge area where gold was recently discovered at the Fire Ant occurrence, and copper-silver at the Stone Fly occurrence.

Shares of the company closed up 6.3% to $0.085 on Wednesday on the TSX Venture Exchange.