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Newrange Gold says it is encouraged by recent results from its Pamlico gold project in Nevada as it waits to start drilling again in Ontario

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Newrange Gold Corp said it had resumed drilling at its Pamlico project in Nevada on the first of several planned holes.

The junior resource company said it is starting on the Skarn Zone in the McGill Canyon area, which is located over four kilometres southeast of two holes drilled earlier in the year.

The new hole is in “close proximity” to a mineralized porphyry dyke that assayed nearly 3 grams per ton (g/t) gold in June.

READ: Newrange Gold follow-up drilling discovers potential extension of historic Pamlico gold mine in Nevada

Newrange told shareholders that it is testing a previously identified 200 ppb gold in soil anomaly on the property.

The Vancouver-based firm also had hopes of drilling its North Birch project in the Red Lake area of Ontario, but the program had to be postponed due to extreme wildfires in the area, according to a statement. Ontario’s Ministry of Natural Resources and Forestry has issued an emergency order ceasing exploration activity involving equipment and any aircraft in the area was seconded by firefighting crews to help fight the blaze, making transport to the region challenging.

“While we are disappointed that we have not been able to commence the North Birch drill program as planned, the safety of our field crew is our top priority and everyone is being evacuated,” Robert Archer, Newrange’s CEO said in a statement. 

“The lack of aircraft in the region has made it impossible to mobilize equipment into the project at this time but we intend to resume the program at the earliest opportunity.”

Archer also offered further insight into activity in Nevada and what recent results could mean for the project.

“At Pamlico, assays are still pending for the first four holes following up on the high-grade zone discovered by hole P21-115, while at the Skarn Zone, we are encouraged by the fact that the first hole ever drilled in this area is confirming the presence of strong alteration and porphyritic dikes in the limestones.”

Newrange is focused on district-scale exploration for precious metals in Nevada, Ontario and Colorado.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Story by ProactiveInvestors


Source: http://www.proactiveinvestors.com/companies/news/955762/newrange-gold-says-it-is-encouraged-by-recent-results-from-its-pamlico-gold-project-in-nevada-as-it-waits-to-start-drilling-again-in-ontario-955762.html


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