North Country Gold Announces Change to Board
01.03.2013 | The Newswire
March 01, 2013, Edmonton, Alberta - North Country Gold Corp. (NCG: TSX-V; NCGDF: OTCQX) ("North Country" or the "Company") today announces that Kerry Curtis has stepped down from the Board of Directors effective March 1, 2013.
"On behalf of my fellow directors, I would like to thank Mr. Curtis for his contribution to the advancement of the Three Bluffs Project and the Committee Bay Greenstone Belt", stated John Williamson, President and Chief Executive Officer of North Country Gold, "We wish him well in his future endeavors."
About North Country Gold Corp.
North Country controls the gold-rich Committee Bay Greenstone Belt located 180km northeast of the of Agnico Eagle's Meadowbank gold mine in Nunavut Canada. It is one of the largest under-explored greenstone belts in Canada with numerous drill-ready high-grade gold targets. The Company holds a 100% interest in 483,564 acres along the 300km long belt and has identified 5 distinct exploration centres with multi-ounce over multi-metre gold drill intercepts. North Country operations are currently focused on advancement of the Three Bluffs deposit, which is geologically comparable, with similar grades, type of mineralization and age, to the Meadowbank and Meliadine gold deposits.
About Three Bluffs Gold Deposit
North Country holds a 100% interest in the Three Bluffs Gold Deposit, which is a structurally controlled lode gold system hosted within oxide facies iron formation and greywackes. Gold mineralization has been drill tested at shallow levels along a strike length of 4.1 kilometres and remains open along strike and at depth. The deposit has been extensively drilled over the easternmost 1.3 kilometres of the trend, reaching depths of 300 metres below surface. During 2012, North Country completed 7,005 metres of diamond core drilling in twelve holes in the eastern part of the deposit, extending the mineralized envelope to depths of 500 metres below surface with mineralization remaining strong and open to depth. The Three Bluffs deposit currently hosts a NI 43-101 compliant resource of 4.30 Mt at 4.90 g/t gold for 678,000 oz gold (indicated) and 4.53Mt at 5.69 g/t gold for 829,600 oz gold (inferred). Drilling results from 2012 are expected to increase the underground, inferred resource of the deposit.
North Country Gold Corp. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Peter Kleespies, M.Sc., P.Geol. who is the Qualified Person as defined by NI 43-101 - Standards of Disclosure for Mineral Projects. A detailed description of North Country Gold Corp.'s QA/QC program is provided on the Company's website at www.northcountrygold.com.
On behalf of the Board North Country Gold.
/s/"John Williamson"
For more information on North Country Gold
www.northcountrygold.com
Brian Budd, Corporate Secretary & VP of Corporate Development
Email: brianb@northcountrygold.com
Tel: 604-697-2861
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com
Copyright (c) 2013 Thenewswire.ca - All rights reserved.
"On behalf of my fellow directors, I would like to thank Mr. Curtis for his contribution to the advancement of the Three Bluffs Project and the Committee Bay Greenstone Belt", stated John Williamson, President and Chief Executive Officer of North Country Gold, "We wish him well in his future endeavors."
About North Country Gold Corp.
North Country controls the gold-rich Committee Bay Greenstone Belt located 180km northeast of the of Agnico Eagle's Meadowbank gold mine in Nunavut Canada. It is one of the largest under-explored greenstone belts in Canada with numerous drill-ready high-grade gold targets. The Company holds a 100% interest in 483,564 acres along the 300km long belt and has identified 5 distinct exploration centres with multi-ounce over multi-metre gold drill intercepts. North Country operations are currently focused on advancement of the Three Bluffs deposit, which is geologically comparable, with similar grades, type of mineralization and age, to the Meadowbank and Meliadine gold deposits.
About Three Bluffs Gold Deposit
North Country holds a 100% interest in the Three Bluffs Gold Deposit, which is a structurally controlled lode gold system hosted within oxide facies iron formation and greywackes. Gold mineralization has been drill tested at shallow levels along a strike length of 4.1 kilometres and remains open along strike and at depth. The deposit has been extensively drilled over the easternmost 1.3 kilometres of the trend, reaching depths of 300 metres below surface. During 2012, North Country completed 7,005 metres of diamond core drilling in twelve holes in the eastern part of the deposit, extending the mineralized envelope to depths of 500 metres below surface with mineralization remaining strong and open to depth. The Three Bluffs deposit currently hosts a NI 43-101 compliant resource of 4.30 Mt at 4.90 g/t gold for 678,000 oz gold (indicated) and 4.53Mt at 5.69 g/t gold for 829,600 oz gold (inferred). Drilling results from 2012 are expected to increase the underground, inferred resource of the deposit.
North Country Gold Corp. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Peter Kleespies, M.Sc., P.Geol. who is the Qualified Person as defined by NI 43-101 - Standards of Disclosure for Mineral Projects. A detailed description of North Country Gold Corp.'s QA/QC program is provided on the Company's website at www.northcountrygold.com.
On behalf of the Board North Country Gold.
/s/"John Williamson"
For more information on North Country Gold
www.northcountrygold.com
Brian Budd, Corporate Secretary & VP of Corporate Development
Email: brianb@northcountrygold.com
Tel: 604-697-2861
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward-looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com
Copyright (c) 2013 Thenewswire.ca - All rights reserved.