NioGold Mining Reports 1.51 G/t of Gold over 38.3 Meters at Marban Deposit

NioGold Mining (TSXV:NOX) reported results from 16 drill holes from infill drilling at its Marban deposit. This new series contains drill holes in the western, eastern and central portions of the deposit, which is located at NioGold’s Marban Block property in the Malartic Gold camp of Quebec.

As quoted in the press release, highlights of drilling include:

• 1.16 g/t Au over 15.2 m including 9.13 g/t Au over 1.1 m in hole MB-14-375 at a vertical depth of 140 m.
• 1.51 g/t Au over 38.3 m in hole MB-14-378 at a vertical depth of 210 m.
• 14.61 g/t Au over 1.2 m in hole MB-14-378 at a vertical depth of 250 m.
• 11.57 g/t Au over 0.9 m in hole MB-14-385 at a vertical depth of 50 m.
• 19.46 g/t Au over 1.0 m in hole MB-14-385 at a vertical depth of 80 m.
• 20.76 g/t Au over 1.9 m in hole MB-14-390 at a vertical depth of 125 m.

NioGold president and CEO, Robert Wares, said:

In an open pit context, all intercepts likely to form continuous zones are interesting since those lenses could generate futures resources in areas within the modelled pit shell that currently contain little or no resources. The new intercepts demonstrate upside and that the Marban deposit is characterized along its whole length by high grade zones surrounded by lower grade halos.

Click here to read the NioGold Mining (TSXV:NOX) press release