Newrange Gold updates on reverse circulation drill program at Pamlico Gold Project in Nevada

Newrange Gold Corp (CVE:NRG) (OTCMKTS:NRGOF) (FRA:X6C) on Thursday provided an update on the reverse circulation (RC) drill program at the Pamlico Gold Project in Nevada. 

Since commencing the program in late May, the company said it has drilled 65 holes (including two that had to be re-drilled) for a total of 6,538.04 meters (m). Assay results for the last 26 of these holes are still pending. 

Given this backlog of assays, Newrange said it is taking a short hiatus in the drill program in order to compile the incoming results and plan a follow-up program.

READ: Newrange Gold launches drill site construction at Good Hope mine in Nevada

The company said that since switching rigs in September, drilling has been going well and it has drilled seven holes in each of the Gold Box Canyon and Merritt areas, eight at the Good Hope Mine, six at the Gold Bar and Pamlico Mines, and two on IP anomalies.

The detailed location of upcoming holes, meters to be drilled and the relative amounts of RC versus diamond drilling will be determined once assay results have been interpreted. 

However, the company said it expects to drill at least another 3,000m in about 20 holes that range in depth from 75m to 465m, following up on the recent drilling and with multiple holes planned to test the large Line 5 chargeability anomaly near the center of the property. It is anticipated that drilling will recommence on or about December 5.

Located 12 miles southeast of Hawthorne, Nevada, along US Highway 95, the project enjoys excellent access and infrastructure, a mild, year-round operating climate and strong political support from Mineral County, one of the most pro-mining counties in the pro-mining state of Nevada. 

The Pamlico project covers the historic Pamlico group of mines, as well as the nearby Good Hope, Gold Bar and Sunset mines.

Discovered in 1884, the district rapidly gained a reputation as being one of Nevada’s highest-grade districts. Held by private interests for most of its history, the property remains underexplored in terms of modern exploration.

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