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New Carolin Gold Corp.

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Summary

Project:

Ladner

Deposit:Carolin Mine
Location:Canada
Commodities:Gold
Date:10/17/2018
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:17-10-2018: New Carolin Gold Corp. announces a Resource Estimation report for its Carolin Mine deposit at the Ladner project. Exploration target for Carolin Mine. October 17, 2018 - New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCB
Resources:
CP/QP:[Overall Report]: Trevor Rabb (Independent)
ABSTRACT:October 17, 2018 - New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin announces four near-mine targets at the Company’s 100% owned Ladner Gold Project, which includes the historic Carolin Gold Mine, just 18 kms northeast of Hope, British Columbia, a permitted project with extensive underground development, a well maintained and permitted tailings storage facility and access to power and water. The four targets are referred. The potential quantity and grade for the Hozameen zone, Aurum, Aurum Connector and Aurum Deep exploration targets set out above and everywhere else in this news release are conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource. In addition to these immediate exploration targets, the respective zones are open in all directions, can be drilled year-round from the existing underground workings with relatively short holes and would be a natural extension of the existing mine. In addition to these exploration targets, the Ladner Project also contains previously announced mineral resources and numerous other exploration prospects on its 27 kms long property straddling the Hozameen Fault. The Carolin mine is a permitted project with extensive and operational underground development, a well maintained and permitted tailings storage facility and access to power and water.

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