(TheNewswire)
Vancouver, British Columbia / TheNewswire / January
16, 2019 (TSXV: NRG, US: NRGOF, Frankfurt: X6C) – Newrange Gold Corp. ("Newrange" or the “Company")
is pleased to provide the following update on the Company’s exploration activities at its high-grade
Pamlico Gold Project, Nevada.
Exploration Highlights
Mr. Robert G. Carrington, P. Geo, a Qualified Person as defined by National Instrument 43-101 and
the President and Chairman of the Company, has reviewed, verified and approved for disclosure, the technical information contained
in this news release.
About Pamlico
Located 12 miles southeast of Hawthorne, Nevada, along US Highway 95, the project enjoys excellent
access and infrastructure, a mild, year-round operating climate and strong political support from Mineral County, one of the most
pro-mining counties in the pro-mining state of Nevada. The Pamlico project covers the historic Pamlico group of mines, as
well as the nearby Good Hope, Gold Bar and Sunset mines.
Discovered in 1884, the district rapidly gained a reputation as being one of Nevada’s highest-grade
districts. Held by private interests for most of its history, the property remains underexplored in terms of modern
exploration.
Stock Option Grant
The Company has granted a total of 637,000 incentive stock options to officers and employees of the
Company. The options were granted pursuant to the Company’s Stock Option Plan, at a price of $0.20, and expire on January 15,
2021.
Upcoming Events
Interested parties are invited to visit the Company at the following events and take
the opportunity to speak with management.
Metal Investors Forum
January 18 and 19, Rosewood Hotel Georgia, 801 W. Georgia Street,
Vancouver, BC.
PDAC
March 4 and 5, Metro Toronto Convention Centre, Toronto, On., Booth
2415A
About 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 up 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. Further information can be
found on our website at www.newrangegold.com.
Signed: “Robert A. Archer”
CEO and Director
For further information contact:
Sharon Hebgin Dave Cross
Corporate Communications Chief Financial Officer and Corporate
Secretary
Phone: 760-898-9129
Phone: 604-669-0868
Email: info@newrangegold.com
Email: dcross@crossdavis.com
Website: www.newrangegold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement:
Some of the statements in this news release contain forward-looking information that involves
inherent risk and uncertainty affecting the business of Newrange Gold Corp. Actual results may differ materially from those
currently anticipated in such statements.
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