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Newrange Gold says planning drill program at Pamlico project, Nevada

Reverse circulation drilling will be used initially, with diamond drilling expected on some targets later in the program

Newrange Gold Corp. -
The company noted that in the light of coronavirus restrictions, it had made some adjustments to its exploration programs

Newrange Gold Corp (CVE:NRG) (OTCMKTS:NRGOF) has updated on its exploration plans in Nevada, USA, where it is planning a 5,000 to 10,000 meter drill program at the Pamlico project.

In a statement, the firm said it expects to begin road work and site preparation within the next two weeks. Reverse circulation (RC) drilling will be used initially, with diamond drilling expected on some targets later in the program, it added.

READ: Newrange Gold says IP survey at Pamlico Project in Nevada successfully generates several drilling targets

Newange noted, however, that in the light of coronavirus restrictions, it had made some adjustments to its programs and schedules in a bid to start as soon as possible while ensuring the safety of employees and contractors.

While initial drilling and road-building at Pamlico will commence on previously permitted and bonded sites, completion of the entire planned program will require some additional permitting, it said.

Underground channel sampling on the 5546 level of the historic Gold Bar mine on the Pamlico Ridge had identified a near-surface zone of gold mineralization containing high grades, averaging 6.88 grams per tonne (g/t) gold and 22.19 grams per tonne silver, Newrange noted, while LIDAR surveying of all the workings have shown a well-defined north-south rake to the zone.

"As the Gold Bar is covered by a patented claim with no permitting required, it will be the first zone to be drill-tested in the upcoming program," the company added.

Elsewhere, at the group's North Birch project in the famous Red Lake area of Ontario, applications for permits have been submitted but the authorities have placed a 'Temporary Hold' on all applications until COVID-19 restrictions are lifted, the group revealed.

"Once this happens and the permits are granted, Newrange intends to conduct line cutting, geological mapping and sampling and Induced Polarization (IP) geophysics. This work will be used to generate targets for future drilling, the timing and scope of which is yet to be determined," it added.

"While we are anxious to get going with our 2020 exploration plans in Nevada and Ontario, the health and safety of our employees and contractors is of paramount importance and our first priority," Robert Archer, Newgrange’s CEO said in the statement.

He added: "We anticipate that the company will be well-funded for our 2020 exploration programs and should have a steady news flow once we can get started."

Contact the author at [email protected]

Quick facts: Newrange Gold Corp.

Price: 0.125 CAD

TSX-V:NRG
Market: TSX-V
Market Cap: $15.01 m
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Full interview: Newrange Gold prepares to get drills turning on their...

Newrange Gold (CVE: NRG-OTC: NRGOF) CEO Robert Archer joined Steve Darling from Proactive Vancouver with news the company has started their drilling program at their Pamlico project in Nevada. Archer telling Proactive how big the start of drilling will be and which areas they are going to be...

on 05/28/2020

2 min read