Movers and SHAKERS
Newrange Gold (NRGOF)(NRG:CA)
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.
Assay results. Following the release of results for 8 holes in early December, Newrange released results for the remaining 19 that had been pending and which were associated with drilling at Gold Box Canyon, the Good Hope Mine, and the Merritt Zone. The results build on earlier work, including drilling and underground sampling, that strengthen the case that oxide gold mineralization at Pamlico occurs in a large and near-surface, laterally-extensive structural zone.
IP anomaly still a focus. Drilling has resumed following the holiday break and is following up on intrusive-related gold mineralization intersected in Hole P20-91. Discrete chargeability anomalies are being targeted with a reverse circulation (RC) drill to help in targeting deeper holes with a diamond drill. Recall that Hole P20-91 tested the near-surface target and alteration zone near a large ...
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.