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North Country Gold Corp V.NCG



TSXV:NCG - Post by User

Post by Rohstoffbulleon Nov 08, 2011 9:39am
492 Views
Post# 19218116

fantastic drill results

fantastic drill results
North Country Gold Announces Three BluffsGold Deposit:
High-Grade Zones Persist To Depth;
Intercepts of 18.13g/t Au over 13.00 m (incl. 28.75 g/t Au over 8.00 m),
3.09 g/t Au over36.00 m (incl. 13.85 g/t Au over 4.00 m)
and 4.19 g/t Au over 15.00 m

(via Thenewswire.ca)

November 8, 2011, Edmonton, Alberta -

North Country Gold Corp. (NCG:TSX-V) (NCG or the "Company") today announces the fifth tranche ofresults from the 2011 drill program at the Three Bluffs Gold Project inthe Committee Bay Greenstone Belt located northeast of Baker Lake,Nunavut, Canada.

The latest results from 29 diamond drill holes combinedwith existing drilling at the Three Bluffs-Antler-Hayes (The 4 km longWalker Lake Trend) indicate that the gold mineralization system isextensive, strong and persists to depth.

"These latest results have confirmed the presence of new moderatelyeast-plunging high-grade shoots at the western end of the Three BluffsZone" said John Williamson, President and CEO of North Country GoldCorp, " This new trend has now been delineated over at least 600 m ofstrike and demonstrates increasing grades as we continue to drill todepth To date the deepest drill hole in this new trend is only 250 mbelow surface and mineralization remains wide open to depth along theextent of its strike"

added Mr. Williamson.

TABLE 1: HIGHLIGHTS FROM THE 2011 WESTERN THREE BLUFFS DIAMOND DRILLING

--------------------------------------------------------------  
|Drill Hole|From(m)|To(m) |Au (g/t)|Length(m)|Grade Thickness|
|------------------------------------------------------------|
|11TB128* |261.00 |274.00|18.13 |13.00 |235.69 |
|------------------------------------------------------------|
|11TB126* |233.00 |269.00|3.09 |36.00 |111.24 |
|------------------------------------------------------------|
|11TB125* |180.00 |195.00|4.19 |15.00 |62.85 |
|------------------------------------------------------------|
|11TW015** |105.00 |109.00|43.02 |4.00 |172.08 |
|------------------------------------------------------------|
|11TB104** |108.00 |133.00|7.34 |25.00 |183.50 |
|------------------------------------------------------------|
|11TW016** |146.00 |157.25|15.00 |11.25 |168.75 |
|------------------------------------------------------------|
|11TB122** |225.00 |243.00|12.34 |18.00 |222.12 |
--------------------------------------------------------------

*Denotes holes highlighted in this release. Complete results for the 29holes are given in Table 3. **Denotes holes released on July 16th,August 9th, and October 23rd , 2011.

At the Three Bluffs Gold Deposit, which comprises part of the WalkerLake Trend, drilling now confirms continuous gold mineralization over atleast 1.4 km in strike extent and to depths of over 300 m. In addition,drilling at the Antler gold deposit has intersected continuous goldmineralization over at least 1 km and also to depths of at least 300 m(Figure 1).

It is clear that the Walker Lake Trend is a significant long lived goldmineralizing system over 4 km in strike extent and to depths of at least320 m. In general, virtually all diamond drill holes that intercept the30 to 50 m wide sheared zone of silicified and altered Achaeangreenstone rocks contain intervals of 1 gram level gold grades. Modelingof the gold zones using a 0.5 gram cut-off confirms that the goldmineralization is continuous along strike (red zone in upper portion ofFigure 1). Within the broader gold mineralizing system, high-gradeportions or shoots are developed (up to 7.37 g Au/t across 68.30 m,Eastern Three Bluffs, and 18.13 g Au/t across 13.06 m, Western ThreeBluffs)(Figure 1). To date, the 3 deepest holes contain significanthigh-grade gold mineralization at greater than 250 m below surface(Table 2, and Figure 1).

TABLE 2 HIGH-GRADE GOLD INTERCEPTS BELOW 250 M

--------------------------------------------------------------  
|Drill Hole|From(m)|To(m) |Au (g/t)|Length(m)|Grade Thickness|
|------------------------------------------------------------|
|11AN042 |308.00 |319.00|4.35 |10.00 |43.50 |
|------------------------------------------------------------|
|11TB128* |261.00 |274.00|18.13 |13.00 |235.69 |
|------------------------------------------------------------|
|05TB038N**|379.73 |384.54|36.25 |4.81 |174.36 |
|------------------------------------------------------------|
|05TB038S**|298.00 |301.74|9.03 |3.74 |33.77 |
--------------------------------------------------------------

*Denotes holes highlighted in this release. **Denotes North and South limb zones intersected in Hole 05TB038.

The 3 deepest holes in Table 2 above are drilled over a strike length ofapproximately 2.5 km and are coincident with strong Titan 24 deep IPchargeability-resistivity geophysical anomalies that persist to at least500 m in depth, further supporting the depth potential of thehigh-grade zones within the Walker Lake system.

About North Country Gold Corp.

North Country Gold Corp. controls one of the largest under-exploredgreenstone belts in Canada with numerous drill-ready high-grade goldtargets. The gold-rich Committee Bay Greenstone Belt is located 180 kmnortheast of the of Agnico Eagle's Meadowbank gold mine. The ThreeBluffs deposit is geologically comparable, with similar grades, type ofmineralization and age as Meadowbank and Meliadine Gold Deposits. TheCompany holds 100% interest in 530,630 acres along the 300 km long beltand has identified 5 distinct mineral development centers, focusing inon the Three Bluffs deposit.

To View Map Image below, please copy and paste URL into a new Browser:

https://thenewswire.ca/client_files/2011-11-07-0.pdf

NORTH COUNTRY GOLD CORP. WILL BE RELEASING AN UPDATED GOLD RESOURCE IN 2012.

North Country Gold Corp. maintains an extensive quality control programin the preparation, shipping and checking of all samples from theproperty. The program is supervised by Peter Kleespies, M.Sc., P.Geol.who is the Qualified Person as defined by NI 43-101. A detaileddescription of North Country Gold Corp.'s QA/QC program is provided onthe Company's website at www.northcountrygold.com.

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