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Newrange Gold Corp.

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Summary

Project:

Pamlico

Deposit:Pamlico
Location:United States
Commodities:Gold
Date:1/31/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:31-1-2018: Newrange Gold Corp. announces an Exploration/Drilling Update report for its Pamlico deposit at the Pamlico project. Drilling results incl. 53.4m @ 2.36g/t Au from 0m. VANCOUVER, BRITISH COLUMBIA, January 31, 2018 (TSX-V: NRG, US: CMBPF, Frankfu
Resources:x
CP/QP:[Overall Report]: Robert Carrington (Internal)
ABSTRACT:VANCOUVER, BRITISH COLUMBIA, January 31, 2018 (TSX-V: NRG, US: CMBPF, Frankfurt: X6C) – Newrange Gold Corp. ("Newrange" or the “Company") is pleased to announce drill final results for holes P17-33 through P17-40, the last eight holes from the 2017 Pamlico Phase II drill program. Drill holes P17-33, 34 and 35, all contain significant oxide gold intercepts that confirm and extend high-grade mineralization along the K and J Zones trends within the Merritt target area. Although individual samples from the these three holes vary up to 56.7 g/T gold (Au), they also continue to highlight broader, lower grade, intervals of near surface bulk tonnage potential. See the Company’s website for the latest drill hole locations map (link here). Further, the Company plans to begin the Phase III drill program in early February, 2018. This drilling program will test both new carbonate (sediment) and volcanic hosted gold targets across the Pamlico property. Holes P17-33 and P17-34 offset high-grade drill holes P17-31 and P17-32, which were reported in the Company’s news releases dated November 6, 2017. Drill hole P17-33 extends the K Zone to the northwest, while hole P17-34, drilled on the same line extends gold mineralization to the southeast. Holes P17-33 and P17-34 both intersected high-grade gold mineralization within broad “halos” of web-like, stockwork style mineralization, similar to that encountered in holes P17-18, 31 and 32. Hole P17-35 provides additional infill and extension of the J-Zone to the northwest with selective high-grade iron oxide style gold veining within a broader lower grade halo.

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