NioGold Mining Corporation (TSX-V: NOX) (OTC: NOXGF.pk) is a gold exploration company with extensive land holdings in Northern Quebec’s most prominent gold mining region adjacent to 8 producing gold mines. The Malartic project holds NI 43-101 compliant Indicated resources of 600,000 ounces gold in addition to Inferred resources of 360,000 ounces gold.
The gold resources are defined along a three-kilometre segment of a regional gold mineralised fault zone, in and around the former Marban, Norlartic and Kierens gold mines, which collectively produced 600,000 ounces gold. NioGold controls a 20 km (12.5 miles) segment of this prospective fault zone. The Company plans continued aggressive drilling on its land holdings to expand the current resources and for new discoveries.
Rock Lefrançois, President of NioGold, talks about North America’s second largest gold district and a joint venture with Aurizon
Tuesday, July 27, 2010
Rock Lefrançois, President of NioGold, talks about North America’s second largest gold district, one of the world’s most favorable mining jurisdictions, a joint venture with Aurizon, 960,000 ounces of gold – 50% could be amenable to open pit mining, large land tracts with limited past drilling, and targeting near surface mineralization.
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