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Explorer of Metals to Start Drilling Soon

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The Quick Take

  • Newrange Gold plans to drill 4,000 meters, split evenly, at its North Birch and Argosy projects in Ontario starting in early February.
  • The primary target at North Birch is the main folded and sheared iron formation, never previously drilled.
  • To start at North Birch, five holes will be drilled along about 3 kilometers of strike on the main target horizon.
  • Drilling at Argosy will test:
    • How deep the known veins extend below the historic mine workings.
    • For continuity of certain other veins, not mined in the past.
  • To help plan the program, Newrange is using a preliminary, three-dimensional Leapfrog model it created with two data sets: information about 72 historic drill holes and outlines of the underground mine workings.

Precious metals explorer, Newrange Gold Corp. (NRG:TSX; NRGOF:OTC; X6C:FSE) plans to shortly kick off drilling at its Ontario properties North Birch and Argosy.

"Our two projects complement each other very well in that Argosy, being the largest past-producing gold mine in the belt, has known gold mineralization that is open to depth while North Birch holds the 'blue sky' potential for a significant new discovery," Newrange President and CEO Robert Archer described in a news release.

Read more stories about Newrange Gold Corp. here.

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.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Newrange Gold Corp. Click here for important disclosures about sponsor fees.  
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Newrange Gold Corp., a company mentioned in this article.


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