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Newrange Drills Apparent Offset of Pamlico Mine in Follow-Up of New High-Grade Zone

(TheNewswire) VANCOUVER, BRITISH COLUMBIA – TheNewswire - ...

articlePinnacle Silver And Gold CorpJuly 6, 20215/company/pinnacle-silver-gold/news/newrange-drills-apparent-offset-of-pamlico-mine-in-follow-up-of-new-high-grade-zone
Newrange Drills Apparent Offset of Pamlico Mine in Follow-Up of New High-Grade Zone

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[{"type":"text","content":"Newrange Drills Apparent Offset of Pamlico Mine in Follow-Up of New High-Grade Zone\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n VANCOUVER, BRITISH\nCOLUMBIA –\n \n \n \n \n TheNewswire -\n \n \n \n \n July 6, 2021 (TSXV:NRG\n \n \n \n \n )\n \n \n \n \n US\n \n \n \n \n (OTC\n \n \n \n \n :NRGOF\n \n \n \n \n )\n \n \n \n \n (\n \n \n \n \n Frankfurt:X6C) –\n \n \n \n \n Newrange Gold\nCorp.\n \n \n \n (\"\n \n \n Newrange\n \n \n \" or the\n“\n \n \n Company\n \n \n \") is pleased to announce that it has completed four PQ\n(85 mm diameter) diamond core holes totaling 800.6 meters following up\non reverse circulation hole P21-115, which\n \n \n intersected several high-grade structures assaying up to\n22.35 grams gold per metric tonne (g/t Au) within an overall intercept\nof 123.5 meters averaging 1.13 g/t Au\n \n \n (Newrange\nnews release of February 23, 2021)\n \n \n .\n \n \n All four holes are 25 to 35 meter offsets of\nhole P21-115 and, collectively, appear to have discovered a previously\nunknown extension of the historic, high-grade Pamlico Mine (see map\n \n \n \n \n here\n \n \n \n \n ).  In particular,\ndistinctive mineralogy intersected in hole P21-122 indicates an\nimportant offset extension of the 5428 level stopes that remains open\nin at least three directions.\n \n \n \n \n All four core holes, P21-122 to 125, inclusive,\nintersected near surface, visually significant, oxide mineralization\nresembling that seen in hole P21-115, the Merritt zone and stopes on\nthe 5428 level of the Pamlico Mine.  The mineralization, as seen in\nthe drill holes, occurs over broad intervals ranging from 108 to 167\nmeters downhole (all holes drilled at -60°) and consists of\nanastomosing veins and veinlets of iron oxides, and brecciated quartz\nfilled with iron oxides in strongly clay altered rhyolite to latite\nlithic tuff.  Importantly, the first core hole, P21-122, intersected\na zone from 23 to 183 meters of iron oxide-filled brecciated quartz\nveins and veinlets\n \n \n and a 0.6 meter intercept of\nbrecciated quartz with secondary copper minerals, including abundant\nchrysocolla and lesser amounts of azurite and malachite (\n \n \n \n \n see photo below or\n \n \n \n \n here\n \n \n \n \n ).  A\n \n \n similar vein on the 5428 level assayed\n \n \n \n \n 5.62 g/t Au, 63.2 g...

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