Newrange Gold Corp. announced Orimco Resource Investment Advisors ("Orimco") as a strategic investor. Orimco is based in Perth, Australia and is an investment advisory firm providing services to companies, wholesale investors and financiers focused on the global mining industry. They are respected within the global mining industry, and have very strong mining technical, financial, and commercial skills, with which to help build successful mining businesses. Newrange is also pleased to announce that Colin Jones, Principal Consultant for Orimco has joined the Company's Board of Directors. Mr. Jones has almost 40 years' experience as a mining, exploration and consulting geologist in a number of different geological environments and has worked on all continents on producing mines, as part of feasibility teams and as an explorationist. He has managed large exploration and due diligence projects, and has undertaken numerous bankable technical audits, technical valuations, independent expert reports and due diligence studies worldwide, most of which were on behalf of major international resource financing institutions and banks.