The first diamond hole drilled by Newrange Gold Corp. (TSXV: NRG) on the Primary Target Horizon (PTH) at the 100% owned North Birch Project has confirmed the presence of a strong deformation zone, well in excess of 100 metres wide.
The result matches originally interpretation from the company’s geophysics.
The sheared and folded basalts and iron formation (IF) also display moderate to intense carbonate alteration and local quartz veining.
Pyrite and pyrrhotite mineralisation occur as disseminations, stringers and, locally, as ‘clots’ within quartz veins and veinlets.
“The first hole is encouraging as it is an important step in confirming our exploration model at North Birch,” President and CEO, Robert Archer, said. “
The structural environment as interpreted from airborne magnetics and LiDAR imagery is the basis for identifying the PTH. In this environment both the IF and the basalts can be mineralised and the presence of strong shearing and carbonate alteration with local quartz veining and sulphides are great indicators that we are on the right track.”
Hole NB22001 was designed to provide geological information in the vicinity of an interpreted fold structure. It was drilled first mainly for logistical reasons, being closest to camp and a water source, as the temperature had dropped to -40°C during mobilisation and setup. Holes NB22002 to 005 will continue to step out to the north-west along the Primary Target Horizon and test coincident chargeability and magnetic anomalies along a three-kilometre strike length.
The 3,850-hectare North Birch project is located in the Birch-Uchi greenstone belt northeast of Red Lake, Ontario, immediately adjacent to the past-producing Argosy Gold Mine (also owned by Newrange) and 12 kilometres from the Springpole Deposit being developed by First Mining Gold.
For further information please visit: https://newrangegold.com/
