Newrange Gold Corp. provided further details on the upcoming drill programs on its 100% owned North Birch and Argosy Gold Mine Projects northeast of Red Lake, Ontario. At least 4,000 metres will be drilled, split roughly evenly between the two projects, starting at North Birch in early February.

Iron formation hosted gold deposits occur in Precambrian rocks throughout the world and the 3,850-hectare North Birch Project encompasses a folded and sheared iron formation that is structurally similar to Newmont's Musselwhite Mine, 185 kilometres to the northeast and the largest of this class of deposits in Canada, with past production and reserves exceeding 7 million ounces. The LiDAR survey that was flown over the North Birch Project last summer highlights a very clear break between two topographical domains that is interpreted to reflect a shear zone that follows exactly along the trace of the main fold limb of the iron formation and is at least eight kilometres long. While iron formation can be an excellent physical and chemical trap and remains the primary target, structure is the key to gold mineralization and adjacent rock types may also be mineralized.

This is the case in the Pickle Lake District, in the next greenstone belt to the east of Birch-Uchi, which contains several deposits hosting gold in iron formation and adjacent rocks and has collectively produced 2.9 million ounces of gold since 1935. Both the magnetic and LiDAR surveys at North Birch highlight other structures on the property that will require future follow up. Although gold mineralization is known elsewhere on the property, the main iron formation horizon has never been drill-tested as it lies under cover.

At present, five holes are planned along approximately three kilometres of strike on the main target horizon. Additional holes will depend on the results from this first pass.