NioGold Mining Intersects 4.47 G/t Gold over 22 Meters at Marban Block Property

Gold Investing

NioGold Mining (TSXV:NOX), reported results from 25 new diamond drill holes as part of its resource definition program at its Marban deposit on the Marban Block property in Quebec’s Abitibi region. As quoted in the press release, highlights of drilling included: 3.24 g/t Au over 13.8 m in drill hole MB-15-470 at 165 m vertical …

NioGold Mining (TSXV:NOX), reported results from 25 new diamond drill holes as part of its resource definition program at its Marban deposit on the Marban Block property in Quebec’s Abitibi region.
As quoted in the press release, highlights of drilling included:

  • 3.24 g/t Au over 13.8 m in drill hole MB-15-470 at 165 m vertical depth.
  • 85.53 g/t Au over 1.2 m in drill hole MB-15-471 at 340 m vertical depth.
  • 1.22 g/t Au over 50.8 m in drill hole MB-15-472 at 200 m vertical depth.
  • 1.97 g/t Au over 34.4 m in drill hole MB-15-474 at 210 m vertical depth.
  • 11.78 g/t Au over 3.0 m in drill hole MB-15-475 at 275 m vertical depth.
  • 2.64 g/t Au over 14.7 m in drill hole MB-15-477 at 180 m vertical depth.
  • 4.47 g/t Au over 22.0 m in drill hole MB-15-478 at 190 m vertical depth.
  • 27.84 g/t Au over 1.2 m in drill hole MB-15-478 at 230 m vertical depth.
  • 1.61 g/t Au over 24.6 m in drill hole MB-15-479 at 320 m vertical depth.
  • 31.92 g/t Au over 1.0 m in drill hole MB-15-481 at 100 m vertical depth.
  • 8.26 g/t Au over 3.9 m in drill hole MB-15-489 at 40 m vertical depth.

NioGold president and CEO, Robert Wares, said:

We are extremely pleased with this new set of results which demonstrates relatively high grades over good thicknesses for an open pit situation. Intervals like 4.47 g/t of gold over 22 meters and 1.22 g/t of gold over 50.8 metres encourage us to pursue our efforts to make the Marban deposit the next open pit gold mine in the Abitibi region.

Click here for the full press release.

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