#NewrangeGold $NRG.V $CMBPF Makes One of the Highest Grade Gold Discoveries in Nevada

Great news comes out of Newrange Gold $NRG.V as they announce high grade gold drill results including 98 g/T Au over 6+ meters.  These results from the first 10 holes which shows that there is a new mineralized zone 100 to 130 meters wide and open along strike.  Management tested projections of high grade and hit especially to the south where they found high grade gold 50 meters south of the end of the decline.  The first drilling results show that this Pamlico deposit is a potential new Nevada Gold mine in the making.

Phase I Drill Results — First 10 holes

Hole Inclination/Azimuth Total Depth (m) From (m) To (m) Length (m) g/T Au
P17-02 -90°/0° 122.0 21.3 25.9 4.6 1.91
And 42.7 64.0 21.3 1.27
Incl. 61.0 64.0 3.0 6.27
P17-03 -90°/0° 106.7 62.5 64.0 1.5 51.00
P17-04 -85°/5° 106.7 7.6 16.8 9.2 1.89
Incl. 9.2 10.7 1.5 9.40
P17-05 -65°/5° 112.8 21.3 22.8 1.5 17.90
P17-08 -85°/0° 106.7 30.5 51.8 21.3 13.67
Incl. 30.5 39.6 9.1 27.80
Incl. 35.1 36.6 1.5 84.90
P17-09 -50°/0° 122.0 16.8 50.3 33.5 1.10
Incl. 18.3 19.8 1.5 4.23
Incl. 39.6 41.1 1.5 9.50
And 65.6 67.1 1.5 6.82
P17-10 -85°/170° 61.0 18.3 19.8 1.5 6.44
And 25.9 38.1 12.2 49.49
Incl. 27.4 33.5 6.1 97.94
Incl. 27.4 28.9 1.5 340.90

Managment has confirmed the Merritt Zone is extremely rich but there are five similar target areas.  Remember there are 300 known veins and mineralized structures on the property.  There are 9 holes remaining from the first phase drilling and I believe with these truly high grade gold results that Newrange Gold $NRG.V $CMBPF could attract a senior strategic partner looking to expand in Nevada like a Barrick or Newmont.

Remember grade is king and these are some of the highest grade gold results that I have seen in my lifetime.  What is so great about this high grade find is the location and infrastructure.  Pamlico is 12 miles SE of Hawthorne, NV right off US highway 95 in Mineral County one of the most pro mining areas of mining friendly Nevada.  Held privately for over a hundred years when it was discovered back in 1884 it had the reputation for high grade gold and now with modern exploration in 2017 it may be the next big Nevada high grade gold discovery in the making.

See today’s news release by clicking here…


See my recent interview with #newrangegold $NRG.V $CMBPF CEO Robert Carrington by clicking here…


Disclosure: I am a shareholder and Newrange Gold is a website sponsor.  This means I have a conflict of interest and am biased. This should be considered an advertisement with forward looking statements which may not come to fruition as small cap investing is incredibly risky.  I may buy and/or sell at anytime.  Do your own due diligence as this is not financial advice. I am not a registered financial advisor. Please be aware.

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