Movers and SHAKERS
Newrange Gold (NRGOF)(NRG:CA)
Drilling Reveals New High-Grade Mineralization Near the Merritt Zone
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.
Encouraging results at Pamlico. In January, Newrange released results for the remaining 19 holes that had been pending, or up to Hole P20-110, and which were associated with drilling at Gold Box Canyon, the Good Hope Mine, and the Merritt Zone. Newrange has drilled an additional 11 holes (P20-111 to P21-121) and assay results have been received for Holes P20-111 through P20-117.
High grade discovery near the Merritt Zone. Reverse circulation (RC) drilling revealed high-grade, oxide gold mineralization approximately 85 meters east of the Merritt Zone. Hole P21-115 intersected several high-grade structures assaying up to 22.35 grams of gold per tonne over 1.5 meters enveloped by lower grade material. A follow-up drill program is being planned to determine the size and true ...
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.