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Newrange Gold Samples Up To 130 Grams Gold, Extends Merritt Zone And Begins Phase III Drilling At Pamlico
VANCOUVER, BC--(Marketwired - February 22, 2018) - (TSX VENTURE: NRG) (OTC PINK: NRGOF) (FRANKFURT: X6C) - Newrange Gold Corp. ("Newrange" or the "Company") is
About this update from Pinnacle Silver And Gold Corp
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - February 22, 2018) - (TSX VENTURE: NRG) (OTC PINK: NRGOF) (FRANKFURT: X6C) - Newrange Gold Corp. (\"Newrange\" or the \"Company\") is pleased to announce that the Company's systematic program of mapping and sampling at Pamlico has identified another very prospective, high-grade gold drill target referred to as \"Tom's Hammer\" where rock chip samples yielded up to 130 grams gold per tonne (g/T Au) in mineralized sedimentary rocks of the East Zone -- North. Similar work in the Pamlico Ridge Area also identified high-grade gold mineralization that may indicate a 700 meter southeasterly extension of high-grade mineralization discovered by the Company during 2017 in the Merritt Area. All-together, the six (6) high potential exploration areas at Pamlico have a combined strike length of more than 14 kilometers (link to map - Pamlico Target Areas). For logistical reasons, the Phase III drill program that began on February 19 will initially focus on the new \"Tom's Hammer\" target. Drilling will then shift to exploring indicated extensions of mineralization to the southeast of the Merritt Area. East Zone -- North (Sediment Hosted Target) Rock chip sampling has identified high-grade gold mineralization assaying 130.0 g/T Au over 0.6 meter sampled interval perpendicular to the mineralization at surface. The area, referred to as Tom's Hammer is situated in the East Zone - North, roughly 3.5 kilometers northeast of Pamlico Ridge. Thirty-two (32) widely spaced rock chip samples of structurally and stratigraphically controlled mineralization from outcrops, prospects and shallow underground mine workings over an area 800 meters long, up to 100 meters wide with an approximate vertical range of 100 meters, assayed from 0.1 to 130 g/T Au and 0.4 to 52.5 grams tonne silver (g/T Ag) over sample lengths ranging from 0.6 to 2.8 meters. The reader is cautioned that these samples are of structurally and stratigraphically controlled mineralization and may not be representative of the entire area. To the best of the Company's knowledge, this target has never been explored with modern technology and has never been drilled. Pamlico Ridge (Merritt Area Extension) A length weighted average grade of 16.28 g/T Au was obtained from 14 rock chip samples with a grade range of 0.28 to 68.0 g/T Au from highly mineralized material, visu...