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Explorer Finds Further High-Grade Mineralization at Nevada Mine
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These results are from an ongoing mapping and sampling program at various levels of the underground workings.

Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that exploration work on the 5570 level of its Good Hope mine identified structurally controlled, high-grade gold and silver mineralization. Good Hope is part of Newrange's Pamlico project in Nevada.

Follow-up underground mapping and channel sampling from accessible mine workings over a strike length of 24 meters (24m) returned gold grades averaging 12.48 grams per ton (12.48 g/t) gold and 49.55 g/t silver.

"Importantly, the high-grade zone is contained within a much larger mineralized envelope more than 142m long and 4–13m wide, comprising mineralization found in both the hanging wall and foot wall of the high-grade zone," the release noted. This bigger zone remains open along strike to the east and to the west.

Also of note, the high-grade zone at the Good Hope mine's 5570 level is downdip and 36.6m below similar high-grade mineralization previously sampled on Good Hope's 5690 level.

"We are starting to see a sizable zone of continuous gold-silver mineralization building at the Good Hope mine," CEO Bob Archer said in the release. "The underground mapping and sampling program is proving to be an extremely valuable and cost-effective tool for us to build a 3D model of the mineralization in advance of drilling it."

The sampling program is about half done, the company noted.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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