• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Gold Market
Gold News
Gold Stocks
Gold Price
  • Gold Market
  • Gold News
  • Gold Stocks
  • Gold Price

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

Written by Teresa Matich
|
Dec. 08, 2015 09:31AM PST

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.

tsxv:nox drill results
The Conversation (0)

Go Deeper

AI Powered

Agnico Eagle Provides an Update on Exploration Results for H1 2021: Discovery of a New Mineralized Horizon 400m South of East Gouldie Deposit; Additional High-Grade Gold-Copper in Footwall Zone at Upper Beaver in Kirkland Lake; Exploration at Hope Bay Confirms Expansion Potential of Doris and Madrid Deposits; Drilling at Kittila Yields Deepest Ore Grade Intersection

AGNICO EAGLE PROVIDES AN UPDATE ON 2023 EXPLORATION RESULTS AND 2024 EXPLORATION PLANS - MINERAL RESERVES UP 10.5% YEAR-OVER-YEAR TO 54 MOZ; INITIAL MINERAL RESERVES OF 5.2 MOZ DECLARED AT EAST GOULDIE; INITIAL UNDERGROUND MINERAL RESOURCES DECLARED AT DETOUR LAKE OF 1.6 MOZ

Latest News

Outlook Reports world

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
  • Energy
    • Uranium
    • Oil and Gas
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Industrial Metals
  • Agriculture
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Gaming
    • Cleantech
    • Emerging Tech
Life Science
    • Biotech
    • Cannabis
    • Psychedelics
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES