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Decline Sampling 2017

Underground Channel Sampling - Newrange Gold

  • Sampling of Merritt decline by Newrange in Feb. 2017. The decline had never been sampled before.
  • 80 meters, continuous interval (saw cut) sampled providing drill quality results.
  • Multiple high-grade gold zones discovered within large widths of disseminated mineralization.
  • Composite average of 75.5 meters @ 2.92 g/t Au.
  • High-grade + disseminated mineralization opens up potential for bulk and/or open pit mining.

Decline Saw Cut Channel Sample Results

  From
(meters)
To
(meters)
Length
(meters)
Average
oz/t gold
Average
g/t gold
Right Rib 0 32.0 32.0 0.205 7.02
Zone 1 9.1 22.9 13.8 0.503 17.25
Incl. 9.1 13.7 4.6 0.772 26.46
Incl. 12.2 13.7 1.5 1.735 59.50
Incl. 19.8 21.3 1.5 1.076 36.90
Zone 2 27.4 32.0 4.6 0.316 10.84
Incl. 30.5 32.0 1.5 0.843 28.90
Zone 3 32.0 76.2 44.2 0.027 0.91
 
Left Rib 0 73.9 73.9 0.076 2.59
Zone 1 9.6 11.1 1.5 3.055 104.75
 
Decline Avg. 0 75.5 75.5 0.085 2.92

Note: Average grades reported are length-weighted average of all assays within the reported interval. No grade capping has been applied. Reported lengths are sampled lengths. Based on available structural information, true widths are estimated to be 90% or greater of these sample intervals.


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