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Newrange Gold Corp.
Summary
| Project: | Pamlico | |
|---|---|---|
| Deposit: | Pamlico | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-11-2017: Newrange Gold Corp. announces an Exploration/Drilling Update report for its Pamlico deposit at the Pamlico project. Drilling results incl. 36.6m @ 3.69g/t Au from 13.7m. VANCOUVER, BRITISH COLUMBIA, November 6, 2017 (TSXV: NRG, US: CMBPF, Frank | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Carrington (Internal) | |
| ABSTRACT: | VANCOUVER, BRITISH COLUMBIA, November 6, 2017 (TSXV: NRG, US: CMBPF, Frankfurt: X6C) – Newrange Gold Corp. ("Newrange" or the “Company") is pleased to announce drilling at the Company’s Pamlico project in Nevada has delineated two new high-grade gold zones now referred to as the K-Zone and N-Zone. Both new trends were initially recognized from Newrange's surface geologic mapping in the area of the Merritt Zone (M-Zone). The Company has received assay results for two of the four drill holes currently completed in the K-Zone, with an intercept of 16.87 grams gold per metric tonne (g/T Au) over 4.6 meters as reported for P17-32 in the Table below. In addition, assay results for holes P17-21, 28 and 29 indicate the N-Zone is parallel to the adjacent MZone, with results of 12.60 g/T Au over 3.0 meters in P17-29 and 4.19 g/T Au over 21.3 meters in P17-21. The exploration results to date strongly support the presence of a NW-oriented gold corridor with a width of approximately 65 meters (~220 ft) within a broader corridor that, as indicated by historic mining and recent mapping, may have a width of over 245 meters (~800 ft). Mapping along trend to the SE of the current drill area indicates that the same NW-oriented structures are still present for at least 365 meters (~1,200 ft) in historic workings and other exposures. Strike potential to the NW is covered and unknown at this time. | |
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