Diamond Drilling Commences And IP Survey Expanded At Pamlico Project

VANCOUVER – Newrange Gold Corp. has resumed drilling at its Pamlico Project in Nevada and has contracted American Drilling Corp. for one and possibly two core drills. The first drill has started on a series of follow up holes around hole P21-115, a reverse circulation (RC) hole that discovered shallow, high-grade, oxide gold mineralization 85 meters east of the Merritt Zone.  As previously reported hole P20-115 intersected 123.5 meters averaging 1.13 g/t Au, including several high-grade intervals such as 12.47 g/t Au over 4.5 meters, 5.52 g/t Au over 7.62 meters (including 22.35 g/t Au over 1.5 meters) and 13.01 g/t Au over 1.5 meters.  

“We are excited to resume drilling at Pamlico and look forward to delineating the new high-grade zone,” said, Robert Archer, CEO.  “In particular, the ability to obtain core rather than rock chips (from RC drilling) will help interpret the structures that control the gold mineralization in this area.  As these follow-up holes will be relatively shallow, they should be completed fairly quickly and allow us to get the samples into the lab while we move the drill onto the deeper holes testing the various targets defined by the Induced Polarization (IP) surveys.  We know that there is a relationship between gold and the fine pyrite detected by the IP but some of the stronger anomalies are still untested as they lie beyond the reach of the RC drill we had previously.  Consequently, we will be following up on the ’91 Zone’ and testing the deeper part of the ‘Line 5’ anomaly before moving south to test the ‘Skarn Zone’.”