Movers and SHAKERS
Friday, May 1, 2020
Newrange Gold (NRGOF)(NRG:CA):
Ready to Break Out
As of April 24, 2020, Noble Capital Markets research on Newrange Gold is published under ticker symbols (NRGOF and NRG:CA). The price target is in USD and based on ticker symbol NRGOF. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target. Newrange Gold Corp is an exploration stage company focused on acquiring and exploring exploration and evaluation assets in Colombia and the United States. The Company operates in a single reportable operating segment-the acquisition, exploration, and development of mineral properties. Some of the projects acquired by the company are Pamlico gold project in Nevada and Rocky mountain project in Colorado. The company also holds an interest in the Yarumalito property, El Dovio property and Anori property in Colombia.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Recent exploration confirms 2020 drilling program. Following recent exploration activities including LiDAR scans, channel sampling and completion of an Induced Polarization and Resistivity (IP) survey that generated several targets, exploration efforts at the company's Pamlico project are poised to accelerate.
Drilling could commence in mid-May. Drilling at the Gold Bar mine is expected to begin as early as mid-May. Drilling at Gold Bar will be part of a planned 5,000 to 10,000-meter drilling program conducted in the vicinity of Pamlico Ridge, including the Gold Bar, Good Hope and Pamlico mines. Additional drilling will test some of the anomalies revealed in the...
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.