NRG:TSX.V; NRGOF:OTC

Newrange Gold Corp.

Newrange is an aggressive exploration and development company focused on near- to intermediate-term production opportunities in favorable jurisdictions including Nevada, Colorado and Colombia. With numerous drill intercepts of near surface oxide gold mineralization to 340 grams gold per metric tonne, the company's flagship Pamlico project is poised to become a significant new Nevada discovery. Focused on developing shareholder value through exploration and development of key projects, the company is committed to building sustainable value for all stakeholders.
NRG:TSX.V NRGOF:OTC

Expert Comments:

Newrange Gold is preparing to restart operations as soon as COVID-19 restrictions are eased.
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Mark Reichman, Noble Capital Markets

(5/1/20)
"Drilling at Newrange Gold Corp.'s Gold Bar mine is expected to begin as early as mid-May. Drilling at Gold Bar will be part of a planned 5,00010,000m drilling program conducted in the vicinity of Pamlico Ridge, including the Gold Bar, Good Hope and Pamlico mines; additional drilling will test some of the anomalies revealed in the recent induced polarization survey."

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Jay Taylor, Gold, Energy & Tech Stocks

(4/17/20)
"I continue to look very favorably on the exploration potential of Newrange Gold Corp.'s Pamlico project. . .the company is continuing to carry out underground sampling and filing paperwork with the U.S. Bureau of Land Management for a drill program that is currently being planned by Robert Archer and Robert Carrington."

Jay Taylor, Hotline

(4/10/20)
"Newrange Gold Corp. has boosted its working capital position to $2.5M, thanks to a $1.5M raise and some asset sales in Colombia. It is my understanding that we can look forward to more cash and some shares from more sales of Colombian assets, so for now, the company's finances are secure."

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Mark Reichman, Noble Capital Markets

(4/3/20)
"Newrange Gold Corp. advanced its exploration program at its Pamlico project in Nevada, including channel sampling at the Good Hope mine that identified high-grade mineralization and the completion of an induced polarization survey at Pamlico that generated new drilling targets. The company also added new properties comprising the North Birch project in the active Red Lake district."

Mark Reichman, Noble Capital Markets

(2/24/20)
"Newrange Gold Corp. announced that its recently completed and interpreted induced polarization and sensitivity survey at the company's Pamlico project generated several targets for its planned drilling program, which is expected to commence in Q1/20. . .to date, Newrange's exploration activities have been productive and we believe enhance the probability of successful discovery outcomes."

The staked claims expand the size of Newrange Gold's property there by 50%.
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Mark Reichman, Noble Capital Markets

(2/14/20)
"We are initiating coverage of Newrange Gold Corp. with an investment rating of Outperform and a price target of CA$0.25/share. In our view, the equity offers investors exposure to an early-stage exploration mining company with significant gold and silver discovery potential."

Preliminary findings show the presence of sulphides at depth on the property.
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Though never drill tested, the company believes the area is highly prospective for gold.
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The program targeted a historical mine at the explorer's Nevada project.
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The highlights and benefits of the transaction are provided in a Haywood report.
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For full ownership, the earn-in period is two years.
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The company states the aim is to better define the gold trend.
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More Expert Comments

Experts Following This Company

Clive Maund – CliveMaund.com
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Mark Reichman, Managing Director, Senior Analyst - MLP – Noble Capital Markets
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Projects in Nevada- 5th largest gold producer & 3rd most desirable mining jurisdiction in the world
 
The Pamlico project has multi-million-ounce potential and represents a unique opportunity in that it has been in private hands since 1896, and most of the 1,670 hectares is unexplored by modern methods
 
The Company is led by a team of successful company builders and mine finders. Both management and the technical team has participated in the discovery of deposits containing more than 61M oz gold, 200M oz silver and 1.5B lbs copper, resulting in the
catalyst Calendar
Q3
2019
Continued Metallurgical Studies, Drilling at Pamlico Ridge, Underground mapping and sampling at Paml
Q3
2019
Drilling at Gold Box Canyon, Underground mapping and sampling at Gold Box Canyon Q3 2019
Q4
2019
Drilling at Pediment, Complete maiden resource estimate Q4 2019