Newrange Intersects New High-Grade Gold Zone at Pamlico; Drills 12.47 g/t Au over 4.5 metres
VANCOUVER, BRITISH COLUMBIA - February 23, 2021 (TSXV:NRG ) (OTC :NRGOF ) ( Frankfurt:X6C) - Newrange Gold Corp. (" Newrange " or the “ Company ") is pleased to announce that continued Reverse Circulation (RC) drilling at the Pamlico Project in Nevada has discovered high-grade, oxide gold mineralization approximately 85 meters east of the Merritt Zone. Hole P21-115, drilled at -60°, intersected several high-grade structures assaying up to 22.35 grams gold per metric tonne (g/t Au) over 1.5 meters surrounded by lower grade halos, very similar in nature to the Merritt Zone itself.
The uppermost zone of gold mineralization starts at 15.2 meters downhole, returning 4.38 g/t Au over 13.7 meters, including 12.47 g/t Au over 4.5 meters from 16.77 to 21.34 meters. Other high-grade intervals of note include 5.52 g/t Au over 7.62 meters from 92.99 to 100.61 meters, including 22.35 g/t Au from 94.51 to 96.04, and 13.01 g/t Au over 1.5 meters from 123.48 to 125.00 meters. The rocks between these zones are variably mineralized such that the entire 123.5 meter interval averages 1.13 g/t Au. All mineralization is within 117 meters of surface.
- Category: Silver / Gold
- Published: 24 February 2021
- Written by Editor