Mr. Robert Archer reports
NEWRANGE GOLD SAMPLES MORE HIGH-GRADE GOLD AND SILVER AT GOOD HOPE
Newrange Gold Corp.'s underground channel sampling in the upper levels of the Good Hope mine has identified a zone of high-grade mineralization averaging 12.88 grams per tonne gold and 27.06 grams per tonne silver.
The high-grade mineralization, as exposed underground, has an average width of 0.4 metre and is contained within a broad "halo" of mineralization that ranges from 5.0 to 9.4 metres wide and averages 3.81 g/t Au and 5.56 g/t Ag over an open-ended zone more than 39 metres long. Defined by 115 channel samples, this mineralization occurs in the interconnecting 5710 and 5718 levels of the Good Hope mine, the highest-elevation workings sampled to date on the Pamlico project (all levels reflect feet above mean sea level). Like many others in the mine, these levels are interconnected by stopes and raises along a generally east-west-striking, gently southerly dipping mineralized zone.
"With only a small number of assays pending, we are very pleased with the outcome of the underground work at the Good Hope mine," commented Robert Archer, Newrange's chief executive officer. "With the underground workings surveyed and mineralized zones mapped and sampled, this area is effectively now drill ready. Our crew has moved to the adjacent Gold Bar mine, where we have found visible gold in the historic dumps outside the portals and will prepare this area in a similar fashion."
These latest results occur along strike from, and 8.5 metres above, the 5690 level that averaged 13.89 g/t Au and 71.19 g/t Ag over 40 metres (see Newrange press release dated May 14, 2019). These results, together with others from the Good Hope mine, identify high-grade mineralization with a combined strike length of more than 80 metres and more than 61 metres of vertical development, contained within a broad halo of more moderate grade, and continue to expand the footprint of known mineralization at Pamlico. To date, the company has successfully sampled all major mine workings in the Good Hope mine, with only the results for the 5609 level still pending.
The Good Hope mine is the southernmost of, and on trend with, the principal past-producing mines along the 1.5-kilometre-long Pamlico Ridge.
Quality assurance/quality control and methodology
Samples for assay were securely delivered to American Assay in Sparks, Nev., for sample preparation and analysis. Samples were dried, then stage crushed to 80 per cent passing 10 mesh. A 1,000-gram subsample was then split out and pulverized to 140 mesh, from which 50-gram samples were split for analysis by fire assay with atomic absorption finish. All samples assaying more than 10 grams per tonne gold are checked and reassayed using fire assay with a gravimetric finish. In addition to the quality assurance/quality control conducted by the laboratory, the company inserts blanks, standards and certified reference material (CRM) at a rate of one in 20.
Robert G. Carrington, professional geoscientist, a qualified person as defined by National Instrument 43-101, the president and chairman of the company, has reviewed, verified and approved for disclosure the technical information contained in this news release.
About Pamlico
Located 12 miles southeast of Hawthorne, Nev., along U.S. Highway 95, the project enjoys: excellent access and infrastructure; a mild, year-round operating climate; and strong political support from Mineral county, one of the most pro-mining counties in the pro-mining state of Nevada. The Pamlico project covers the historic Pamlico group of mines, as well as the nearby Good Hope, Gold Bar and Sunset mines.
Discovered in 1884, the district rapidly gained a reputation as being one of Nevada's highest-grade districts. Held by private interests for most of its history, the property remains underexplored in terms of modern exploration.
About Newrange Gold Corp.
Newrange is an aggressive exploration and development company focused on near-to-intermediate-term production opportunities in favourable jurisdictions, including Nevada, Colorado and Colombia. With numerous drill intercepts of near-surface oxide gold mineralization to 340 grams gold per tonne, the company's flagship Pamlico project is poised to become a significant new Nevada discovery. Focused on developing shareholder value through exploration and development of key projects, the company is committed to building sustainable value for all stakeholders.
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