NioGold Mining Drills 8.83 G/t Gold Over 17.6 Meters at Marban

Gold Investing

NioGold Mining (TSXV:NOX,OTCQX: NOXGF) released its final set of drill results from its definition program for its modelled open pit shell of the Marban deposit. Highlights included intercepts of 8.83 grams per tonne of gold 0ver 17.6 meters and 2.03 grams per tonne of gold over 66.6 meters.

NioGold Mining (TSXV:NOX,OTCQX: NOXGF) released its final set of drill results from its definition program for its modelled open pit shell of the Marban deposit. Highlights included intercepts of 8.83 grams per tonne of gold 0ver 17.6 meters and 2.03 grams per tonne of gold over 66.6 meters.
As quoted in the press release:

  • 1.55 g/t Au over 27.2 m in drill hole MB-15-527 at 170 m vertical depth.
  • 56.45 g/t Au over 1.0 m in drill hole MB-15-534 at 130 m vertical depth.
  • 2.03 g/t Au over 66.6 m in drill hole MB-15-542 at 240 m vertical depth.
  • 7.18 g/t Au over 5.8 m in drill hole MB-15-549 at 225 m vertical depth.
  • 8.83 g/t Au over 17.6 m including 70.55 g/t Au over 1.2 m and 42.65 g/t Au over 1.1 m in drill hole MB-15-561 at 175 m vertical depth.
  • 1.63 g/t Au over 31.7 m in drill hole MB-15-561 at 210 m vertical depth.
  • 50.37 g/t Au over 1.2 m in drill hole MB-15-562 at 75 m vertical depth.
  • 3.98 g/t Au over 10.5 m in drill hole MB-15-567 at 220 m vertical depth.
  • 56.09 g/t Au over 1.2 m in drill hole MB-15-572 at 155 m vertical depth.
  • 2.50 g/t Au over 18.6 m in drill hole MB-15-580 at 250 m vertical depth.

NioGold president and CEO, Robert Wares, said:

This final set of excellent results concludes our definition drilling campaign on Marban.  The program included more than 72,000 metres of drilling and the Marban deposit delivered many new intersections in previously modelled barren rock. The drill program hence significantly improved the open pit potential of the deposit.

Click here for the full press release.

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