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NioGold to Intensify Drilling in Malartic With Two More Drills
Jan. 13, 2011 07:11AM PST
Gold InvestingNioGold Mining Corporation (CVE:NOX) reports that it is stepping up its exploration activity in the Malartic gold camp Abitibi region of Quebec.
The press release is quoted as saying:
The Company plans to drill in excess of 55,000 metres on its land holdings during 2011. Two drill rigs are currently in operation and two more will be added by the end January.
Niogold’s President and COO, Rock Lefrançois says:
“The Company is very pleased with the initial drilling results on the Marban Block under the partnership with Aurizon and there will be a lot more developments to come in 2011. The successful closing of a $7.5 million financing in December will allow the Company to be aggressive on pure exploration drilling in 2011 and probe areas in the heart of the mining camp that have been overlooked in the past.”
Click here to access the entire news release.
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