Movers and SHAKERS
Newrange Gold (NRGOF)(NRG:CA)
A Multi-Million Ounce Gold Resource in the Making at Pamlico?
As of April 24, 2020, Noble Capital Markets research on Newrange Gold is published under ticker symbols (NRGOF and NRG:CA). The price target is in USD and based on ticker symbol NRGOF. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target. Newrange Gold Corp is an exploration stage company focused on acquiring and exploring exploration and evaluation assets in Colombia and the United States. The Company operates in a single reportable operating segment-the acquisition, exploration, and development of mineral properties. Some of the projects acquired by the company are Pamlico gold project in Nevada and Rocky mountain project in Colorado. The company also holds an interest in the Yarumalito property, El Dovio property and Anori property in Colombia.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
IP geophysical survey. Newrange Gold announced the completion and interpretation of an expanded Induced Polarization (IP) geophysical survey on the Pamlico Project in Nevada. The survey comprised 56.35-line kilometers, bringing the total, including the 2019-2020 survey, to more than 76.5-line kilometers, covering the entire property. The new IP survey has been successful in further defining and extending known anomalies and identifying others that had not been previously recognized.
Pamlico project area enlarged with additional claim stakes. Three large areas of anomalous chargeability were detected, all of which intruded on the property boundary such that the company has staked additional ground, more than doubling the size of the property. The Northwest, East, and Southeast Areas, are two to three kilometers in size with each containing more than one discrete zone of high ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.