Quadro Provides Corporate and Operational Update on Its Victoria Lake Gold Projects in Newfoundland
Vancouver, B.C. February 13, 2020. Quadro Resources Ltd. (“Quadro” or the “Company”) (TSXV:QRO) is pleased to provide an update on its planned exploration and drilling program for its two gold projects in Newfoundland. Following its recent private placement (see the news release dated January 30, 2020) Quadro is preparing to aggressively explore and develop its highly prospective Staghorn and Long Lake gold projects in Newfoundland (together, the Victoria Lake Projects) in Q2 2020. The two Company assets are located along the highly prospective Cape Ray Fault system which contains some of Newfoundland’s most prospective properties in the region with excellent geology, multiple new gold zones and large land holdings(see Figures 1-3) . While developing its current projects the Company is actively engaged to increase its asset portfolio of precious metals in Canada and the United States.