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Newrange Gold Corp.
Summary
| Project: | Pamlico | |
|---|---|---|
| Deposit: | Pamlico | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 6/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-6-2017: Newrange Gold Corp. announces an Exploration/Drilling Update report for its Pamlico deposit at the Pamlico project. Drilling results incl. 12.2m @ 49.49g/t Au from 25.9m. VANCOUVER, BRITISH COLUMBIA, June 19, 2017 (TSX-V: NRG, US: CMBPF, Frankf | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Carrington (Internal) | |
| ABSTRACT: | VANCOUVER, BRITISH COLUMBIA, June 19, 2017 (TSX-V: NRG, US: CMBPF, Frankfurt: X6C) – Newrange Gold Corp. ("Newrange" or the “Company") is pleased to report drilling results for the first 10 holes of the recently completed 19 hole Reverse Circulation (RC) Phase I drilling program focused on the Merritt Zone of the Pamlico gold project. Results from the first 10 holes were highly successful, supporting the continuity of gold mineralization in the vicinity of the Merritt decline (see prior news releases on underground channel sampling results by Newrange Gold) and historic high-grade drill intercepts in the Merritt Zone by prior operators. Work to date in the Merritt area indicate a mineralized zone approximately 100 to 130 meters wide that is presently open ended along strike. Robert G. Carrington, CEO made the following comments: “These initial results indicate that Pamlico is a unique high potential opportunity for Newrange Gold. The extremely rich Merritt Zone where we are focusing our initial exploration efforts right now is one of five similar target areas, covering only ½ of 1% of this property and less than 1/10 of 1% of the combined strike extent of the more than 300 known veins and mineralized structures on the property. The knowledge gained in this area will guide future exploration for several similar target areas elsewhere on the property including the Gold Box, Central and Sunset Mine Zones. I look forward to the receipt of assays for the remaining 9 holes of the Phase I Drill Program and for more information that will come from ongoing exploration work underway at Pamlico. We are truly excited by what we are seeing develop here”. | |
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