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Newrange Samples 2.994 g/t Gold in Porphyry Dike and Expands Footprint of Skarn Hosted Gold Mineralization in McGill Canyon Area, Pamlico
(TheNewswire) V ancouver, British Columbia - TheNewswire - ...
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[{"type":"text","content":"Newrange Samples 2.994 g/t Gold in Porphyry Dike and Expands Footprint of Skarn Hosted Gold Mineralization in McGill Canyon Area, Pamlico \n \n \n (TheNewswire)\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 June 14, 2021 (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 \n Newrange Gold Corp.\n \n \n \n (\"\n \n \n Newrange\n \n \n \" or the “\n \n \n Company\n \n \n \") is pleased to announce that\npreliminary surface rock sampling and mapping in the McGill Canyon\narea of the Pamlico Project has identified widespread gold\nmineralization and local concentrations of copper, lead and zinc\nassociated with skarn alteration.  This skarn hosted mineralization\nis coincident with a much larger Induced Polarization (IP)\nchargeability anomaly interpreted to be at least 5.5 kilometers long\nand, in the area sampled, more than 1.5 kilometers wide.\n \n \n \n \n Of particular interest is the occurrence of an altered\nporphyry dike with weak to moderate potassic alteration, evidenced by\nabundant secondary biotite, grading 2.994 grams gold per metric tonne\n(g/t Au) and 0.115 percent copper (% Cu).\n \n \n Of\nthe 42 rock chip samples collected from outcrop in the McGill Canyon\narea, 16 were identified as skarn\n \n \n altered\ncarbonate sediments, 11 of which contained gold mineralization grading\nfrom 0.106 g/t Au to 1.969 g/t Au.  The results cover an area roughly\n1.5 kilometers long and 750 meters wide that appears to remain open to\nexpansion.\n \n \n \n \n The average copper content of all 42 samples was 2,072\nppm or 0.207% Cu within a range of 88 to 19,600 ppm Cu (0.009 to\n1.96%), with four samples grading more than 1.0%.  One sample of\nquartz breccia with oxidized sulfides returned 1.7 g/t gold, 147 g/t\nsilver, 2.45% lead and 4.96% zinc.  Three other samples returned 1-2%\nzinc.\n \n \n \n \n “These results from reconnaissance sampling are\nextremely encouraging,” stated Robert Archer, CEO of Newrange.\n “We had previously identified this area as having potential to\nhost skarn type mineralization and the completion of the recent,\nexpanded IP survey showing a strong chargeability anomaly here\nunderscores this potential.  The identification of a mi...