Newrange Gold Corp. (TSXV:NRG) has provided an exploration update and overview of targets being developed on its Pamlico Project in Nevada where the company is outlining a large-scale, multi-phase, polymetallic mineralising system.
Ongoing mapping, rock and soil sampling, in conjunction with the expanded IP survey, are building upon the knowledge base that was previously confined to the historic Pamlico Mines area. Within the recently enlarged property (now more than 5,700 hectares) covering an area that has seen little to no previous exploration, Newrange geologists have identified a multi-phase intrusive system with locally strong copper +/- zinc mineralization at surface.
“Our field geologists are making great progress on the evaluation and understanding of the geological setting of the enlarged property,” stated Robert Archer, Newrange President and CEO.
“We are starting to build a district-scale framework for the gold and copper mineralisation that we are seeing, incorporating a re-evaluation of known zones with recently discovered ones. This approach is allowing us to groom several significant target areas for drilling in 2022.”
Target Areas:
- Merritt Area/Pamlico Mines: Gold mineralisation in and around the Merritt Decline is being reinterpreted with the goal of further defining, and potentially enlarging, the zone of near surface high-grade gold.
- “91” Zone: Discovered in late 2020 in the historic Central Mine area, 1,300m northeast of the Merritt Decline, the “91” Zone presents a significant bulk tonnage gold target.
- La Panta Mine: In the northern part of the property, the historic polymetallic La Panta Mine is being re-evaluated for potential continuations of gold-silver-copper-lead-zinc mineralisation.
- Pamlico East: Southeast of La Panta, a north-south copper-bearing shear has been identified that shows a strong spatial association with a similarly-trending and three-kilometre-long Induced Polarization (IP) anomaly. As previously reported (Oct. 6, 2021), grab samples along the structure have returned 5.59%, 1.36%, 2.43% and 1.63% copper over a strike length of approximately 250m
- Skarn Zone/McGill Canyon: Rock and soil sampling in this area, approximately four km southeast of the Merritt Decline, demonstrates widespread gold-silver-copper-lead-zinc mineralization proximal to the contact between a felsic intrusive and limestones and coincident with a moderate IP anomaly. In particular, grab samples with individual assays of up to 3.0 g/t gold, 2.8% copper and 5% zinc, were taken over an area of 1.2 kilometres east-west by 1.3 km north-south.
- Pamlico South: In this new area, south of the Skarn Zone and extending along the southern part of the property, several intrusive bodies have been recognised and are being mapped out in more detail. Grab samples from shears, veins and contact zones within the intrusive rocks returned up to 3.75% copper with associated endoskarn alteration, while copper mineralisation up to 4.2% in grab samples along with widespread anomalous copper, zinc and lead in soils is associated with exoskarn alteration within the adjacent sedimentary rocks. This extensive area is underlain by a strong chargeability (IP) anomaly roughly three km across.
For further information please visit: https://newrangegold.com/
