Feb. 10, 2011 (Newsfile Corp.) --
Vancouver, British Columbia --(February 10, 2011) - Newton Gold Corp (TSXV:NWG) (TSX.V:NWG)("Newton Gold" or the "Company") is pleased to report that drilling by Amarc Resources (OTCBB:AXREF) (TSXV:AHR) has continued to expand the Newton deposit in all directions. Drilling to date has shown that gold mineralization has been intersected over significant widths in the central 50% of the approximate eight square kilometre sulphide mineralized system that has been outlined by surface geophysical surveys (see Amarc new release dated November 30, 2010).
The Newton Property is 100% owned by Newton Gold Corp and is under option to Amarc Resources.
Assay results from 24 of 28 holes of the Phase 2 drill program and drill hole location plan maps are posted on Amarc's website at http://www.amarcresources.com/ahr/MapsFigures.asp. Results from four holes are still pending.
Drill results from Phase 2 have established that gold mineralization discovered during Phase 1 extends eastward under shallow cover and remains open to the east. This includes important intercepts in hole 11040, which was drilled 200 metres east of the discovery hole. However, it appears that this portion of the mineralization represents only approximately 10% of the entire anomaly as defined by the geophysics.
Importantly, elsewhere in the anomaly, holes drilled in a widely-spaced configuration throughout the eight square kilometre mineralized system, which include holes 10023 and 10029, indicated potential new gold (OOTC:NEGWF) zones.
Additional highlights include intercepts in holes 10016 and 10017, which intersected broad intercepts of gold mineralization and indicate a sizeable gold mineralizing event and the strong potential for higher grade gold deposition in the general proximity.
"The results reported by Amarc are significant especially when put in context to other important deposits and operating mines in B.C., such as Prosperity, Mount Milligan, Kemess. Drilling at Newton has established that the Newton deposit may represent one of the larger mineralizing systems in B.C.", stated Ian Foreman, P.Geo., a director of Newton Gold.
Amarc states that follow-up, Phase 3 drilling is planned as soon as possible in 2011 to continue to test and delineate gold mineralization with the significant Newton bulk-tonnage gold target. Drill permit applications have been submitted to the BC government.
"We are very pleased with the quality of work and the speed at which Amarc has advanced our property. We look forwards to the next phase of exploration at Newton", stated Mark McLeary, president of Newton Gold.
The Newton Property is located some 100 kilometres southwest of the City of Williams Lake in a region characterized by subdued topography. The district is well served by existing transportation and power infrastructure and a skilled workforce, which support a number of operating mines and late-stage development projects.
All material data included in this news release was taken Amarc Resources Ltd. news release dated Febuary 10th, 2011.
ON BEHALF OF THE BOARD OF DIRECTORS
"Mark A. McLeary"
President
For additional information on Newton Gold Corp. please call the Company at 604-678-2531
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.