Bob Archer, president, CEO and director of Newrange Gold Corp. (TSXV: NRG | OTC: NRGOF | FRA: X6C), talks to Assay TV about the company’s recent acquisition of the past-producing, high-grade Agosy Gold Mine in Ontario’s Red Lake Mining Division.
Before the mine closed in 1952, it had produced over 101,000oz of gold grading at 12.7 g/t from four veins. Since then, several rounds of exploration have uncovered additional veins and identified new potential targets below the old mine. Bob discusses Newrange’s plans to explore these new zones, with the first phase of drilling expected to commence in February 2022.
Bob also tells us about the exploration potential at the company’s flagship Pamlico Project in Nevada. His team have found strong indications of a large-scale gold-copper mineralizing system, which has multiple targets spread over more than 5,700ha. The company will continue surface mapping and sampling to the south and east, and additional drilling will begin next year.
Website: newrangegold.com
Primary tickers: TSXV:NRG, OTC:NRGOF, FRA:X6C
Stage of development: Exploration
Commodity: Gold
Projects to promote: Pamlico, North Birch, Argosy Gold
Project locations: USA, Canada
