Newrange Gold’s Acquisition of the Past-Producing High-Grade Argosy Gold Mine

Newrange Gold
Published on: November 15, 2021
Author: Editor

On November 1, 2021, Newrange Gold Corp. announced that it has closed the acquisition of the 100% interest in the past-producing, high-grade Argosy Gold Mine in the Red Lake Mining Division of northwestern Ontario. “The Argosy Mine is the most significant past-producing gold mine in the Birch-Uchi Greenstone Belt,” stated Robert Archer, Newrange President & CEO.  “The advancement of the nearby Springpole deposit has brought a lot of attention to the potential of this region and we believe that Argosy and our neighbouring North Birch Project position the Company well to benefit from that development.”

We sat down with the CEO Robert Archer to learn more about the story behind this acquisition. Why would Newrange acquire Argosy Mine in the first place? What is the potential of this property? How has Newrange set up exploration plans for multiple projects in the coming months? Where does Robert see the gold price going?

Check out the latest NAI500 CEO Interview with Newrange!

About Newrange Gold Corp. (TSXV:NRG; OTC: NRGOF)

Newrange is focused on district-scale exploration for precious metals in favorable jurisdictions including Nevada and Ontario.  The Company’s Pamlico Project in Nevada contains a large-scale multi-phase polymetallic mineralizing system with multiple gold and copper targets spread over more than 5,700 hectares.   In the prolific Red Lake District of northwestern Ontario, the past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential.  Focused on developing shareholder value through the exploration and development of key projects, the Company is committed to building sustainable value for all stakeholders.  Further information can be found on our website at www.newrangegold.com.

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Disclaimer: NAI is being compensated for this content. Materials contained in this content are for information purposes only and is not intended to constitute an offering of securities in any jurisdiction. Nothing on this content should be construed as an offer, solicitation or recommendation to buy or sell products or securities.

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