Newrange Gold Corp. is pleased to announce that it has signed a Definitive Agreement to acquire a 100% interest in the past-producing, high-grade Argosy Gold Mine in the Red Lake Mining Division of northwestern Ontario. The Argosy Gold Mine is the most significant past-producer in the Birch-Uchi Greenstone Belt and produced 101,875 ounces of gold and 9,788 ounces of silver at a gold grade of 0.37 oz/t . It closed in 1952 [...]
Newrange Gold Corp. provides the following update on the drill programs at its Pamlico Project in Nevada and the North Birch Project in the Red Lake District of northwestern Ontario. At Pamlico, diamond drilling has resumed after a short break for the US Independence Day holiday. The Company is drilling the first of several holes, MGC-01, on the Skarn Zone in the McGill Canyon Area. This hole, located more than four [...]
Newrange Gold Corp. is pleased to announce that it has completed four PQ diamond core holes totaling 800.6 m following up on reverse circulation hole P21-115, which intersected several high-grade structures assaying up to 22.35 grams gold per metric tonne within an overall intercept of 123.5 m averaging 1.13 g/t Au. All four holes are 25 to 35 meter offsets of hole P21-115 and, collectively, appear to have discovered a [...]
Newrange Gold Corp. is pleased to announce that preliminary surface rock sampling and mapping in the McGill Canyon area of the Pamlico Project has identified widespread gold mineralization and local concentrations of copper, lead and zinc associated with skarn alteration. This skarn hosted mineralization is coincident with a much larger Induced Polarization chargeability anomaly interpreted to be at least 5.5 kilometers [...]
Newrange Gold Corp. is pleased to announce that it has resumed drilling at its Pamlico Project in Nevada and has contracted American Drilling Corp. for one and possibly two core drills. The first drill has started on a series of follow up holes around hole P21-115, a reverse circulation hole that discovered shallow, high-grade, oxide gold mineralization 85 meters east of the Merritt Zone. As previously reported , hole [...]
Newrange Gold Corp. is pleased to announce the closing of the second and final tranche of a non-brokered private placement for $1,351,991.64 consisting of 11,266,597 units. Each Unit consists of one common share of the Company and one-half share purchase warrant. Each Warrant entitles the holder thereof to purchase one common share at an exercise price of $0.25 at any time until April 28, 2023. Proceeds will be used to [...]
Newrange Gold Corp. is pleased to announce the completion of an Induced Polarization survey on the Company's North Birch Project in the Red Lake Mining Division of Ontario. Exploration at North Birch is modeled after the Musselwhite Mine in northwestern Ontario, owned and operated by Newmont-Goldcorp, where gold is hosted in a folded and sheared iron formation. An airborne magnetic map illustrating this setting can be [...]
Newrange Gold Corp. is pleased to announce the closing of its flow-through non-brokered private placement for gross proceeds of $1,000,000 consisting of 6,250,000 units of the Company at a price of $0.16 per FT Unit. Each FT Unit consists of one common share of the Company and one-half share purchase warrant. Each FT Warrant entitles the holder thereof to purchase one common share at an exercise price of $0.25 at any time [...]
Newrange Gold Corp. is pleased to announce that the expanded Induced Polarization survey on the Pamlico Project in Nevada has been completed and interpreted. The new survey comprised 56.35 line kilometers, bringing the total, including the 2019-20 survey, to more than 76.5 line kilometers, covering the entire property. Three large areas of anomalous chargeability were detected, all of which encroached on the property [...]
Newrange Gold Corp. is pleased to announce that continued Reverse Circulation 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 over 1.5 meters surrounded by lower grade halos, very similar in nature to the [...]
Newrange Gold Corp. is pleased to announce that line cutting has commenced on its North Birch Project east of Red Lake, Ontario. An Induced Polarization geophysical survey comprising approximately 90 line km will follow within about 10-14 days and the results will be used to generate targets for follow up diamond drilling. The primary target at North Birch is the sheared limb of a folded iron formation sequence, modeled [...]
Newrange Gold Corp. is pleased to announce that the Company has initiated a 52 line km IP and Resistivity survey being conducted by Géophysique TMC of Val-d'Or at the Company's Pamlico project in Nevada. The survey is designed to expand and increase resolution of the large "Line 5" chargeability anomaly and a separate but potentially related anomaly in the area termed the "Skarn Zone", more than 3.8 kilometers to the SE [...]
