Posted in | Gold | Mining Business

Newrange Stakes 111 New Claims at Pamlico Gold Project

Newrange Gold Corp. is pleased to report that the Company has staked 111 new claims at the Company's Pamlico Project in Nevada.

The New Claims:

  • Add 928 hectares to property.
  • Increases property by 75% to 2,165 hectares.
  • Better encompasses the dominant gold trends in the area.
  • Cover areas of prospects and mine workings with historic surface samples ranging from 0.5 to 3.0 gram gold per metric tonne (g/T Au) in highly deformed and altered carbonate sediments.
  • Add multiple prospective targets in favorable volcanic rocks known to host high-grade gold mineralization as currently being explored in the Merritt Zone.
  • Provide a significant exploration and operational "buffer" around previous holdings.

Terms of Reference

In this release, all references to grams per tonne (denoted g/T Au) are grams per metric ton of 1,000 kilograms (2,204.62 pounds). All references to ounces per ton (denoted oz/t Au) are troy ounces per short ton of 2,000 pounds.

Quality Assurance/Quality Control

Mr. Robert G. Carrington, P. Geo, a Qualified Person as defined by National Instrument 43-101, the President and CEO of the Company, has reviewed, verified and approved for disclosure the technical information contained in this news release.

Source: http://www.newrangegold.com/

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