Focused on its gold project in Nevada
Newrange Gold diversified into the United States in 2016 by acquiring the high-grade Pamlico gold project in Nevada. The project is unique in that it is district-scale and nearly unexplored. It also has multi-million ounce potential in the legendary Walker Lane trend of Nevada. Additionally, the Company is led by a team of successful company builders and mine finders. The team has over 100 years of combined Nevada exploration experience and were involved in the discovery of 60+M oz gold and 200+ M ozs silver. The Pamlico Project will see significant exploration throughout 2020.
“It has all the ingredients that you need. Great jurisdiction, great infrastructure, the Pamlico project has all of that.”, says CEO and Director, Bob Archer.
More on the Pamlico Gold Project
The Pamlico Project is a high-grade epithermal gold system hosted in Jurassic to Tertiary age volcanic and sedimentary rocks. In fact, it’s located in pro-mining Mineral County, Nevada. Pamlico sits in the western Great Basin within the NW trending Walker Lane structural zone.
The project is underexplored in terms of modern exploration with no property wide geology, geochemistry or geophysics done and with only 103 shallow holes drilled on the entire property when acquired in July 2016 by Newrange. Some 300 separate, historic mine workings mostly developed during the late 1800’s explore up to 100 individual veins. Further, Pamlico’s history mimics the early history at currently producing high-grade gold mines in Nevada including the Ken Snyder (Midas) and nearby Fire Creek mines, both operated by Klondex Mines Ltd.
Based on the extent and the high-grade of the gold mineralization in historic surface and underground samples, the high-grade nature of historic gold production and available drill results, the Pamlico Project represents a unique opportunity to explore and develop a district scale, near surface, potentially high-grade gold deposit in multiple target areas across the property with small scale gold recovery potential from the current permits in place for test mining from the Merritt Decline.
North Birch Gold Project
In addition, Newrange has acquired a project in the Red Lake District of Northern Ontario. The North Birch Gold Project is the new name for the recently optioned Western Fold Property and H Lake Property. It comprises approximately 3,850 hectares and lies in the northwestern corner of the Birch-Uchi Greenstone Belt in the Red Lake Mining Division of northwestern Ontario, roughly 100 kilometers northeast of the town of Red Lake. It is presently accessible by air only, but road access is improving as logging roads and an all-weather road to the Springpole Gold Project, 12 kilometers to the southeast, are pushing farther north.
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