Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF Newrange Gold Updates Drill Program at Pamlico Project
510 - 580 Hornby Street, Vancouver, BC V6C 3B6 - Tel. (604) 669 - 0868 Fax (604) 558 - 4200
Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF
Newrange Gold Updates Drill Program at Pamlico Project
VANCOUVER, BRITISH COLUMBIA, November 12, 2020 (TSXV: NRG, US: NRGOF, Frankfurt:
X6C) – Newrange Gold Corp. ("Newrange" or the “Company") is pleased to provide an update on the
reverse circulation (RC) drill program at the Pamlico Gold Project in Nevada. Since commencing the
program in late May, the Company has drilled 65 holes (including two that had to be re -drilled) for a
total of 6,538.04 meters. Assay results for the last 26 of these holes are still pending. Given this
backlog of assays, the Company is taking a short hiatus in the drill program in order to compile the
incoming results and plan a follow-up program.
Since switching rigs in September, drilling has been going well and the Comp any has drilled seven
holes in each of the Gold Box Canyon and Merritt areas, eight at the Good Hope Mine, six at the Gold
Bar and Pamlico Mines and two on IP anomalies.
The detailed location of upcoming holes, meters to be drilled and the relative amoun ts of RC versus
diamond drilling will be determined once assay results have been interpreted. However, the Company
expects to drill at least another 3,000 meters in approximately 20 holes that range in depth from 7 5 to
465 meters, following up on the recent drilling and with multiple holes planned to test the large Line 5
chargeability anomaly near the center of the property. It is anticipated that drilling will recommence on
or about December 5.
About Pamlico
Located 12 miles southeast of Hawthorne, Neva da, along US 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 proj ect
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 a precious metals exploration and development company focused on near to intermediate
term production opportunities in favorable jurisd ictions including Nevada, Ontario and Colorado. With
510 - 580 Hornby Street, Vancouver, BC V6C 3B6 - Tel. (604) 669 - 0868 Fax (604) 558 - 4200
Where Exploration Intersects Discovery TSXV: NRG OTCQB: NRGOF
numerous drill intercepts of near surface oxide gold mineralization to 340 grams gold p er metric 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 va lue for all stakeholders. Further information can be
found on our website at www.newrangegold.com.
Signed: “Robert Archer”
CEO & Director
FOR FURTHER INFORMATION CONTACT:
Sharon Fleming Dave Cross
Corporate Communications Chief Financial Officer and Corporate Secretary
Phone: 760-898-9129 Phone: 604-669-0868
Email: [email protected] Email: [email protected]
Website: www.newrangegold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts
responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement:
Some of the statements in this news release contain forward -looking inf ormation that involves inherent risk and uncertainty affecting the
business of Newrange Gold Corp. Actual results may differ materially from those currently anticipated in such statements.