Newrange Gold Corp. (CVE:NRG)

Newrange Gold Corp. (CVE:NRG)


Share Price
$ 0.12
Change
-0.01 (-7.69 %)
Market Cap
$10.77 m
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Newrange Gold Corp.

Newrange Gold Corp. (TSXV: NRG) was incorporated in 2006 as Colombian Mines Corporation, dedicated to exploring high quality mineral properties in Colombia. In July 2016, the Company diversified into the United States by acquiring the high-grade Pamlico gold project in Nevada, now expected to be the center of exploration efforts in the coming years. To reflect this geographical...

EPIC: NRG
Market: TSX-V:NRG
52-week High/Low:
Sector: Mining
Market Cap: $10.77 m
Website: www.newrangegold.com
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Big Picture – A Deep Dive Examination of Newrange Gold Corp.


Newrange Gold Corp. Snapshot

PAMLICO PROJECT
RIGHT PROJECT, RIGHT PLACE, RIGHT TIME

Nevada

  • 5th largest gold producer in world
  • 5.6 M oz of gold produced in 2017
  • 169.1 M oz of gold produced 1835-2018
  • 3rd most desirable mining jurisdiction in world

Walker Lane trend

  • Over 53 M oz gold, 519 M oz silver, most of it from the segment along the Pancake Range lineament

Pamlico

  • Unique, almost unexplored opportunity in Nevada (in private hands since 1896)
  • District scale (1,670 hectares)
  • High-grade, drill-confirmed, gold discovery

 

YARUMALITO PROJECT 

Newrange Gold Corp.'s (NRG) Yarumalito project covers a large gold dominant porphyry complex composed of multiple intrusive centers. The property covers 1,456 hectares of highly prospective terrain 11 air kilometers north of the famed Marmato District, along what is commonly termed the "Mid Cauca Belt" a segment of the Andean Porphyry Belt that stretches from Chile, through Peru, Ecuador, Colombia and Panama. Exploration work to date consists of property wide geochemical and geophysical surveys, extensive geological mapping and more than 18,000 meters of drilling. This work defines a large mineralized zone more than 400 meters wide, 1,000 meters long and open to depth below 385 meters as per recent drilling.

Newrange owns a 100% undivided interest in the Contract Concession and there are no underlying royalties or payments to third parties.

 

EL DOVIO 

Newrange holds 100% undivided interests in the mineral licences that cover all potential mineralization at El Dovio and has purchased 100% of the surface rights covering the same ground at El Dovio. In October 2018, the Company has entered into a Joint Venture Option Agreement with Andean Mining Pty. Ltd. of Australia whereby Andean Mining can earn an undivided 65% in the El Dovio Project for cash and shares payments plus exploration work commitments. The property covers high-grade polymetallic gold-silver-copper-zinc mineralization in a belt of marine volcano-sedimentary rocks known to host other polymetallic and Volcanogenic Massive Sulfide (VMS) prospects and mines. Exploration at El Dovio indicates significant potential to discover deposits with high unit value and low metal prices sensitivity.

ROBERT G. CARRINGTON
PRESIDENT & CEO, DIRECTOR

  • P. Geo., R. Prof. Engineering Geologist, QP Registered Geologist and a Registered Engineering Geologist with more than 40 years experience in exploration, development and production throughout North and South America and Circum- Pacific Region
  • Extensive senior and executive management in junior resource sector
  • Early Colombian explorer active since 1992, co-founder of Colombian Mines Corporation

ROBERT ARCHER
INDEPENDENT DIRECTOR

P. Geo., with more than 37 years in exploration, mining and executive management of resource sector companies. He co-founded Great Panther Silver Ltd. where he was President, CEO and Director, building that company from concept to production with a market capitalization of more than $250 million. He still sits on the board of directors of Great Panther Silver.

DAVID CROSS
CFO

Extensive junior sector experience in finance and corporate governance

RON SCHMITZ
INDEPENDENT DIRECTOR

Extensive experience in the governance of junior sector companies, a strong financial background and currently on the boards of Blackbird Energy Inc. and Black Lion Capital Corp.

PAUL WANG
INDEPENDENT DIRECTOR

Extensive banking and financial background specializing in natural resource, mergers and acquisitions

DAVID SALARI
INDEPENDENT DIRECTOR

Metallurgical Engineer, P. Eng., QP with world-wide experience in design, construction & operation of extractive metallurgical plants

GLORIA CARRINGTON
PRESIDENT, CORPORACION MINERA DE COLOMBIA & COUNTRY MANAGER

Born and raised in Medellin, Colombia, studied law at University of Medellin with extensive business and legal background in Colombia

CORPORATE OFFICE

CANADA
David Cross
CFO - Corporate Secretary
Newrange Gold Corp.
580 Hornby St. - #510
Vancouver, British Columbia
Canada V6C 3B6
Phone: (604) 669-0868
Fax: (604) 558-4200
[email protected]

MANAGEMENT AND CORPORATE COMMUNICATIONS

PRESIDENT & CEO's OFFICE
Robert Carrington
1-775-747-1710
[email protected]

CORPORATE COMMUNICATIONS

Sharon Hebgin
1-604-669-0868
1-760-898-9129
[email protected]

Corporate Office - Canada: Newrange Gold Corp
Address: 580 Hornby St. - #510
Vancouver, British Columbia
Canada V6C 3B6
Telephone: (604) 669-0868
Fax: (604) 558-4200


Corporate Office - Colombia: Corporacion Minera De Colombia S.A
Address: Cra. 33 No 29 - 105 Oficina Sotano 4
Medellin-Colombia
Teléfono: (574) 444-5673
Fax: (574) 268 3119


Transfer Agent: Computershare Trust Company of Canada
Address: 510 Burrard Street
Vancouver, British Columbia
Canada V6C 3B9
Telephone: (604) 661-9400
Fax: (604) 683-3694
Toll Free: (888) 661-5566


Auditor: Davidson & Company LLP, Chartered Accountants
Address: Suite 1200, 609 Granville Street
Vancouver, British Columbia
Canada V7Y 1G6
Telephone: (604) 687-0947
Fax: (604) 687-6172


Solicitors: Boughton Law Corporation
Address: Suite 700-595 Burrard Street
P.O. Box 49290
Vancouver, British Columbia
Canada V7X 1S8
Telephone: 604 687 6789
Fax: 604 683 5317

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