North Country Further Extends High Grade Zones at Three Bluffs and Antler
October 13 2011 - 7:30AM
Marketwired
North Country Gold Corp. (TSX VENTURE:NGC) (NCG or the "Company")
today announces the fourth tranche of results from the 2011 drill
program at the Three Bluffs Gold Project in the Committee Bay
Greenstone Belt located northeast of Baker Lake, Nunavut, Canada.
The latest results from six holes at Three Bluffs and four holes at
Antler continue to delineate and extend high grade gold zones
within the Walker Lake gold trend.
"These latest results from the Three Bluffs and Antler zones
continue to demonstrate the continuous nature of the high grade
gold zones along the Walker Lake Trend," said John Williamson,
President and CEO of North Country Gold Corp. "We are particularly
encouraged by the results from the Three Bluffs -Three Bluffs West
area where our 2011 drilling has identified a new 600 metre long
high grade trend at the western end of the system starting at 100 m
below surface and remaining open to depth. NCG has also determined
that the Three Bluffs and Three Bluffs West zones are one
continuous zone of mineralization which extends for at least 1500
metres along strike," added Mr. Williamson.
Three Bluffs Drilling
Highlights from the six diamond drill holes completed at Three
Bluffs include 9.59 g Au/t over 18.00 metres (30.73 g/t Au over
5.00 metres) (11TB122), and 6.65 g/t Au over 4.00 m (11TB124).
These drillholes are located within the new high grade trend
located at the western end of the Three Bluffs zone (including
Three Bluffs West zone) which has now been delineated for at least
600 metres along strike and for approximately 100 metres down-dip
and remains open to depth. These new results are complementary to
previous results from 11TW015 of 43.02 g/t Au over 4.00 metres,
11TB104 of 7.34 g/t Au over 25.00 metres, 11TW016 of 15.00 g/t Au
over 11.25 metres and 11TB107B of 15.00 g/t Au over 12.00 metres
(see press release's dated July 16 and August 2011). Results for
additional diamond drill holes completed within the high grade
trend are pending, however geologic similarities to the completed
drillholes, including the presence of intense sericite alteration
and common visible gold suggest results will be favorable.
Antler Drilling
Highlights from the four holes completed at Antler include 4.99
g/t Au over 13.00 metres (11AN041) and 3.06 g/t Au over 13.00
metres (11AN025B). Mineralization at Antler has been delineated
over a strike length of 1000 metres and the zone has been tested to
a nominal down-dip depth of 100 to 150 metres. High grade
mineralization at Antler appears to be controlled by a series of
steep east plunging grade shoots which vary in width from 50 to 100
metres. The high grade shoots delineated to date all remain open to
depth.
Titan 24 Drilling
During 2010 North Country completed a Quantec Titan 24 survey
over the Three Bluffs project area (see press release dated October
28th, 2010). Results of this survey indicated that gold
mineralization at Three Bluffs and Antler correlate directly with
areas of low resistivity, and that additional untested resistivity
anomalies occur at depth (250 m below surface) between Three Bluffs
and Antler. During the 2011 program, a single drillhole, 11AN042,
was targeted at a resistivity low anomaly at the east end of Antler
at a vertical depth of 300 metres. Previous shallow drilling in
this area above the geophysical anomaly returned only modest
results, over narrow widths. The results of 4.35 g/t over 10.00
metres validates the geophysical model and significantly increases
the potential to develop resources to depth in the Three
Bluffs-Antler gap area where deep, low resistivity anomalies
covering at least 1000 metres of strike remain to be tested.
High grade shoots remain open beneath Antler and Three Bluffs
where the three deepest drillholes on the project to date, returned
high grade intercepts of 36.25 g/t Au over 4.81 metres and 9.03 g/t
Au over 3.74 metres (05TB 038), 9.59 g/t Au over 18.00 metres
(11TB122) and 4.35 g/t Au over 10.00 metres (11AN042) from three
separate areas over at least 3,300 metres of strike along the
Walker Lake Trend. Based on drilling results to date and untested
but validated geophysical anomalies, North Country Gold believes
that the Three Bluffs Project has excellent potential to develop
significant high grade underground resources to depth.
Table 1 Results Three Bluffs
----------------------------------------------------------------------------
Hole ID Type From (m) To (m) Length (m) Au (g/t)
----------------------------------------------------------------------------
11TB0110 DD 85.00 95.00 10.00 2.84
including 85.00 88.19 3.19 4.82
and 90.00 91.00 1.00 5.69
and 94.00 95.00 1.00 5.26
----------------------------------------------------------------------------
11TB116 DD 130.02 159.00 28.98 0.97
including 133.00 138.00 5.00 3.09
188.00 212.00 24.00 1.08
including 199.00 201.00 2.00 4.18
----------------------------------------------------------------------------
11TB119 DD 129.00 155.80 26.80 0.80
including 129.00 131.75 2.75 1.89
and 147.00 149.00 2.00 1.69
180.94 192.00 11.06 2.74
including 186.00 190.00 4.00 4.40
----------------------------------------------------------------------------
11TB120 DD 115.00 116.00 1.00 8.04
including 124.90 134.00 9.10 1.21
176.00 187.00 11.00 2.22
including 185.00 187.00 2.00 6.49
----------------------------------------------------------------------------
11TB122 225.00 243.00 18.00 9.59
including 226.00 231.00 5.00 30.73
264.00 272.00 8.00 2.79
----------------------------------------------------------------------------
11TB124 222.00 226.00 4.00 6.65
255.50 257.00 1.50 1.49
----------------------------------------------------------------------------
Table 2 Results-Antler
----------------------------------------------------------------------------
Hole ID Type From (m) To (m) Length (m) Au (g/t)
----------------------------------------------------------------------------
11AN025B DD 154.00 156.00 2.00 1.49
160.00 173.00 13.00 3.06
including 162.00 166.00 4.00 6.48
----------------------------------------------------------------------------
11AN034 DD 149.00 151.00 2.00 1.37
155.00 168.36 13.36 2.71
including 158.00 161.00 3.00 6.83
and 166.41 168.36 1.95 4.99
----------------------------------------------------------------------------
11AN041 DD 37.00 50.00 13.00 4.99
including 38.00 41.00 3.00 9.52
and 44.79 50.00 5.21 6.12
----------------------------------------------------------------------------
11AN042 DD 308.00 318.00 10.00 4.35
including 312.00 315.00 3.00 8.42
or 312.00 317.00 5.00 6.00
----------------------------------------------------------------------------
To see a plan and long section of the Walker Lake Trend, please
visit the following link:
http://media3.marketwire.com/docs/ngc1013i.jpg.
About North Country Gold Corp.
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). The Three Bluffs deposit occurs at the eastern end of
a package of auriferous iron formation bearing supracrustral rocks
(Walker Lake Trend) along which North Country Gold Corp. is
focusing exploration and has conducted drilling in three key areas
over a 4.1 kilometer segment of the trend during 2010: Three
Bluffs, Antler, and Hayes.
NCG believes that significant potential exists along the Walker
Lake Trend and has developed a strategy to identify additional
near-surface open-pittable gold resources along the strike length
of the trend, which will incrementally add to the existing
high-grade resource inventory underpinned by the Three Bluffs
deposit.
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 kilometres 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.
John Williamson
For more information on North Country Gold, please visit the
company's website: www.northcountrygold.com.
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.
Contacts: North Country Gold Corp. Brian Budd Vice President of
Corp. Development and Director
604-697-2861brianb@northcountrygold.comwww.northcountrygold.com
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