Newrange Gold Corp. announces that, on October 25, 2022 and further to the Letter of Intent signed on September 12, 2022, it signed a Share Purchase Agreement with Great Panther Mining Ltd. to acquire a 100% interest in the Coricancha Gold-Silver-Copper-Lead-Zinc Mine. Coricancha is a high-grade, narrow-vein, gold-silver-copper-lead-zinc underground mine in the Central Polymetallic Belt of Peru. It is located 90 [...]
Newrange Gold Corp. announces that, on September 12, 2022, it signed a non-binding Letter of Intent with Great Panther Mining Ltd. to acquire a 100% interest in the Coricancha Gold-Silver-Copper-Lead-Zinc Mine. It is anticipated that a Definitive Agreement will be signed in the coming weeks. Coricancha is a high-grade, narrow-vein, gold-silver-copper-lead-zinc underground mine in the Central Polymetallic Belt of Peru. It [...]
Newrange Gold Corp. is pleased to provide an update on its exploration projects in the Red Lake District of Ontario and the Walker Lane Trend of Nevada. North Birch Project At the North Birch Project, 110 km northeast of Red Lake, two diamond drill holes were completed for a total of 723 m. Although the winter drill program was expected to include additional holes, highly variable weather forced a late start and early [...]
Newrange Gold Corp. announces that, further to its news release dated February 24, 2022, the Company has extended its non-brokered flow-through and non-flow-through private placement for aggregate gross proceeds of $2 million until April 13, 2022. The flow-through private placement consists of up to 15,000,000 units of the Company at a price of $0.10 per FT Unit for gross proceeds of up to $1,500,000. Each FT Unit [...]
Newrange Gold is pleased to announce that the first diamond drill hole on the Primary Target Horizon at the 100% owned North Birch Project has confirmed the presence of a strong deformation zone, well in excess of 100 metres wide, as originally interpreted from the geophysics. The sheared and folded basalts and iron formation also display moderate to intense carbonate alteration and local quartz veining. Pyrite and [...]
Newrange Gold Corp. is pleased to announce the closing of the first tranche of a non-brokered private placement for gross proceeds of $408,100 consisting of 5,830,332 non-flow-through units at a price of $0.07 per unit. Each NFT Unit consists of one common share of the Company and one-half share purchase warrant. Each NFT Warrant entitles the holder thereof to purchase one common share at an exercise price of $0.12 at any [...]
Newrange Gold is pleased to announce that diamond drilling has commenced on its 100% owned North Birch Project in the Birch-Uchi greenstone belt northeast of Red Lake. Approximately 2,000 metres are planned, with the first five holes testing a three-kilometre strike length of the main target horizon, interpreted to be a sheared limb of a folded iron formation. "We are excited to start the inaugural drill program on the [...]
Newrange Gold Corp. is pleased to provide further details on the upcoming drill programs on its 100% owned North Birch and Argosy Gold Mine Projects northeast of Red Lake, Ontario. At least 4,000 metres will be drilled, split roughly evenly between the two projects, starting at North Birch in early February. "We believe that Newrange's winter drill program on its North Birch and Argosy Gold Mine Projects will be the [...]
Newrange Gold is pleased to announce that a new mapping and sampling program in the historic Central Mine area of its Pamlico Project in Nevada has indicated widespread gold mineralization with values up to 47.34 g/t. In keeping with the Company's renewed focus on the larger scale geological setting, and as there is little historical information from the mine itself, a preliminary program of mapping mineralized structures [...]
Newrange Gold Corp. is pleased to announce that it has exercised its option to acquire a 100% interest in the Western Fold Property, which forms the eastern portion of its North Birch Project northeast of Red Lake. Pursuant to the Option Agreement signed with AurCrest Gold Inc. on December 23, 2019, Newrange has now paid a total of $200,000 in cash and issued 1,000,000 shares for a 100% interest in the Western Fold [...]
Newrange Gold is pleased to provide an exploration update and overview of targets being developed on its Pamlico Project in Nevada where the Company is outlining a large-scale, multi-phase, polymetallic mineralizing system. As indicated in Newrange press release of October 6, 2021, ongoing mapping, rock and soil sampling, in conjunction with the expanded IP survey, are building upon the knowledge base that was previously [...]
Newrange Gold Corp. is pleased to provide additional information on its wholly owned Argosy Gold Mine in the Red Lake Mining Division of northwestern Ontario. As announced on November 1, the Company has acquired a 100% interest in the mine property from Great Panther Mining Ltd. through the acquisition of its subsidiary, Cangold Limited. The Argosy Gold Mine is the most significant past-producing gold mine in the [...]