Newrange Gold TSXV:NRG): Experienced Mine Finders in Under Explored Gold Districts | Summary and Q&A

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May 23, 2018
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Newrange Gold TSXV:NRG): Experienced Mine Finders in Under Explored Gold Districts

TL;DR

New Range Gold is leveraging its experienced team to explore the Pamlico region, one of Nevada's highest grade gold districts.

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Key Insights

  • 😊 Nevada's pro-mining policies, transparent regulations, and favorable climate make it a highly attractive location for mining operations.
  • 🏅 The Pamlico district is situated at the junction of major gold trends and has a history of high-grade gold deposits.
  • 😤 New Range Gold's team brings a wealth of experience and expertise in exploring and developing gold mines to the Pamlico project.
  • 🌥️ The project benefits from existing infrastructure and excellent accessibility, making it a promising opportunity for large-scale production.
  • ✋ Recent geological surveys and assays confirm the presence of significant high-grade mineralization in the Pamlico area.
  • 🥶 The acquisition of the Pamlico project by New Range Gold in 2016 brought modern exploration methods to a century-old underexplored area.
  • 🌥️ The company's objective is to identify a multi-million pound gold deposit worthy of large-scale production through ongoing drilling and investigation.

Transcript

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Questions & Answers

Q: What expertise does New Range Gold's team bring to the Pamlico project?

The team consists of seasoned mine finders with experience in exploration and production, as well as executive management. They have been involved in successful mining operations in the Pamlico region, including the discovery of the Twin Creeks mine.

Q: Why is Nevada an attractive venue for exploration and mining operations?

Nevada has a transparent permitting and regulatory framework, a mild dry climate, excellent infrastructure, and is the fourth largest gold-producing region globally. It has a long history of mining success and is considered one of the best mining jurisdictions in the world.

Q: What makes the Pamlico district unique?

The Pamlico district is located at the convergence of two significant gold trends in Nevada, the Walker Lane and Pancake Range lineaments. The region has numerous world-class high-grade gold districts, such as the Comstock Lode and the Round Mountain Mine.

Q: What infrastructure and accessibility advantages does the Pamlico project have?

The Pamlico project benefits from existing critical mining infrastructure, including a large nearby workforce, easy access to highways and rail transportation, and a power line crossing the property. The project is also easily accessible via government roads, and supplies are a quick 40-minute round-trip away.

Summary & Key Takeaways

  • New Range Gold aims to unlock shareholder value in Nevada's premier mining jurisdiction by exploring the Pamlico region, which sits at the convergence of two prolific gold trends.

  • The company's CEO, Robert Carrington, and co-founder, Nathan Wall, bring extensive experience in the mining industry, especially in Nevada, making them well-equipped to tackle the challenges and opportunities in the Pamlico project.

  • The region benefits from Nevada's pro-mining regulatory framework, excellent infrastructure, and history of high-grade gold districts like the Comstock Lode.

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