North Country hits more high-grade gold at Three Bluffs

Vancouver – North Country Gold (NCG-V) has followed up on some impressive July drill results with more high-grade hits from its Nunavut-based Three Bluffs gold project.

The latest results come from the Antlers target that sits roughly 1.5 km west of the established Three Bluffs resource area. So far 21 holes have tested 700 metres of strike on the Antler target, split between the spring and summer drill programs.

Drilling was generally done through a series of two-hole fences at 60-metre spacing, with all holes hitting mineralization in the same stratigraphic horizon that hosts the Three Bluffs deposit.

Among the latest results, Hole AN10 cut 14.1 metres grading 11.14 grams gold per tonne from 76 metres depth and included a 4.2 metre interval grading 32.97 grams gold. Hole AN13 hit 14 metres averaging 3.51 grams gold from 82 metres depth and hole AN11 returned 5 metres carrying 10.67 grams gold.

Along with Antler, the company has been exploring the Three Bluffs and Hayes targets, all of which fall along the Walker Lake trend in the area. North Country has now done shallow testing on about 2.5 km of the 4.1-km exposed trend, which remains open to the west of Hayes and to depth.

Earlier in August the company released results from the Hayes area of the project, located roughly 3.5 km from the western edge of the Three Bluffs resource area. Of the four holes drilled on the target, two were stoped out by localized late pegmatite dykes, while hole HA003 cut 2 metres averaging 6.3 grams gold and hole HA004 cut 3.7 metres carrying 28.08 grams gold.

North Country was spun out of Niblack Mineral Development (NIB-V), then called CBR Gold, and listed on the Venture in April. The company’s share price shot up in July after hitting intercepts like 42 metres grading 5.88 grams gold, 3.5 metres grading 10.2 grams gold and 25 metres averaging 4.17 grams gold on the western edge of the Three Bluffs resource.

The resource for the project currently stands at 2.7 million indicated tonnes grading 5.85 grams gold for 508,000 oz. and 1.27 million inferred tonnes grading 5.98 grams gold from a further 244,000 oz.

The Three Bluffs project is roughly 300 km northeast of Baker Lake in the centre of North Country’s 2,256-sq.-km land package. The northeast-striking property covers a large segment of the Committee Bay greenstone belt, which North Country says is underexplored and home to at least five drill-ready gold targets.

North Country Gold’s share price was up 3¢, or 8.8%, on the latest news to close at 37¢, near the high of 40¢ reached since listing. The company has 65.6 million shares outstanding.