Business
Newrange Gold Updates Drill Program at Pamlico Project
(TheNewswire) V ancouver, British Columbia - TheNewswir...

About this update from Pinnacle Silver And Gold Corp
[{"type":"text","content":"Newrange Gold Updates Drill Program at Pamlico Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n V\n \n \n \n \n ancouver, British Columbia -\nTheNewswire -\n \n \n \n \n November 12, 2020 - (TSXV:NRG\n \n \n \n \n ) (OTC\n \n \n \n \n :NRGOF\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\n \n \n to provide an update\non the reverse circulation (RC) drill program at the Pamlico Gold\nProject in Nevada. Since commencing the program in late May, the\nCompany has drilled 65 holes (including two that had to be re-drilled)\nfor a total of 6,538.04 meters. Assay results for the last 26 of\nthese holes are still pending. Given this backlog of assays, the\nCompany is taking a short hiatus in the drill program in order to\ncompile the incoming results and plan a follow-up program.\n \n \n \n \n Since switching rigs in September, drilling has been\ngoing well and the Company has drilled seven holes in each of the Gold\nBox Canyon and Merritt areas, eight at the Good Hope Mine, six at the\nGold Bar and Pamlico Mines and two on IP anomalies.\n \n \n \n \n The detailed location of upcoming holes, meters to be\ndrilled and the relative amounts of RC versus diamond drilling will be\ndetermined once assay results have been interpreted. However, the\nCompany expects to drill at least another 3,000 meters in\napproximately 20 holes that range in depth from 75 to 465 meters,\nfollowing up on the recent drilling and with multiple holes planned to\ntest the large Line 5 chargeability anomaly near the center of the\nproperty. It is anticipated that drilling will recommence on or about\nDecember 5.\n \n \n \n About Pamlico\n \n \n \n Located 12 miles southeast of Hawthorne, Nevada, along\nUS Highway 95, the project enjoys excellent access and infrastructure,\na mild, year-round operating climate and strong political support from\nMineral County, one of the most pro-mining counties in the pro-mining\nstate of Nevada. The Pamlico project covers the historic Pamlico\ngroup of mines, as well as the nearby Good Hope, Gold Bar and Sunset\nmines.\n \n \n \n \n Discovered in 1884, the district rapidly gained a\nreputation as being one of Nevada's highest-grade districts. Held by\nprivate interests ...