EDMONTON, ALBERTA, Jun 29, 2010 (MARKETWIRE via COMTEX) — North Country Gold Corp. (CA:NCG) (NCG or the “Company”) today announces that it has commenced the summer drill program at the Three Bluffs Gold Project in the Committee Bay Greenstone Belt located northeast of Baker Lake, Nunavut, Canada.
Drilling during summer 2010 will focus on four key areas along the Walker Lake Trend which hosts the Three Bluffs Deposit. We will focus on testing for extensions to the high grade hinge zone at Three Bluffs, test for West extensions to the Three Bluffs deposit, continue exploration drilling at Antler, and do initial drill testing at the previously un-drilled Hayes occurrence.
The 2010 Three Bluffs program will comprise a four drill, helicopter supported program. In addition North Country Gold Corp. has retained Quantec Geoscience Limited to conduct a Titan induced polarization geophysical survey over seven kilometers of the Walker Lake Trend from east of Three Bluffs to west of the Hayes occurrence. The survey which will commence in early July 2010 will test for additional blind mineralization over an approximately 20 square kilometer area, much of which has very limited bedrock exposure.
Summer Drill Program Targets:
To view a map of the 2010 Summer Drill Program Targets, please visit the following link:
About Three Bluffs:
The Three Bluffs deposit currently hosts an indicated resource of 508,000 ounces (2,700,000 tones at 5.85 g/t Au) and an additional inferred resource of 244,000 ounces (1,270,000 tones at 5.98 g/t Au) which remains open to the west and to depth. The 2010 drill program will continue to explore for additional mineralization proximal to the existing resource, and test for new mineralized zones along 5000m of west strike extent of the Three Bluffs iron formation trend where surface sampling has returned significant gold values.
North Country Gold Corp. controls one of the largest under explored greenstone belts within Canada, and has numerous drill ready high grade gold targets, in addition to those at Three Bluffs. The gold-rich Committee Bay Greenstone Belt is located approximately 300 kilometers north of Baker Lake within Nunavut Territory, Canada. North Country Gold Corp. is currently the 100% beneficial owner of the mineral rights to approximately 557,323 acres (225,569 hectares) of land comprising 216 active mineral claims and 14 mineral leases.
North Country Gold Corp. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Peter Kleespies, M.Sc., P. Geol. who is the Qualified Person as defined by NI 43-101. A detailed description of North Country Gold Corp.’s QA/QC program is provided on the Company’s website at www.northcountrygold.com.
North Country Gold Corp. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.
On behalf of the Board
North Country Gold Corp.
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
North Country Gold Corp.
Director of Corp. Development
Leave a ReplyWant to join the discussion?
Feel free to contribute!