Management:
North Country Gold Corp.’s principals have been investing in mineral exploration in Nunavut for over 100 years collectively. North Country, together with its predecessors, has conducted more than $80 million of exploration work within the Committee Bay Region to date. The company has been fortunate to have received positive results from recent mineral exploration programs and has enjoyed enthusiastic support from the people and communities of Nunavut.
2012-2013 Milestones:
2012-2013 ACCOMPLISHMENTS & OBJECTIVES
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Updated the NI 43-101 Resource Estimate
240% increase in inferred and a 34% increase in indicated resources
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Completed Spring Drill Program
7,000 metres drilled
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Utilized 5 Diamond Drill Rigs
Highest drilling productivity to date reaching 80-100m/day. Driving drilling costs down to $500 all in per metre
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Preliminary Economic Assessment
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On going drilling |
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Update the Current Resource |
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Geotechnical Studies |
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Continue Environmental Studies |
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Potential Bulk Sampling |
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Please click here to go to our Milestones page.
Corporate Data:
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As of November 30, 2012 |
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Shares Issued & Outstanding
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111.8 Million |
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Shares Fully Diluted |
120.7 Million |
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Working Capital
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$1.2 Million |
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Estimated Market Capitalization
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$20 Million
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Please click here to go to our Corporate Data page.
Corporate Downloads:
Please click here to go to our Corporate Downloads page.
Analyst Coverage:
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Firm |
Analyst
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Telephone
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Email
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RBC Dominion Securities Inc. |
Sam Crittenden |
1.416.842.7886 |
sam.crittenden@rbccm.com |
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Salman Partners |
David West
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1.604.622.5569
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North Country Gold Corp. is followed by the above analysts. We may not be able to distribute research reports on North Country Gold Corp. that are prepared by financial analysts. We would advise interested parties to contact the firms directly if you would like this information. As we become aware of analysts publishing research on North Country Gold Corp, the names will be added to the list.
Please click here to go to our Analyst Coverage page.
Three Bluffs Gold Project:
North Country Gold Corp. controls one of the largest under-explored greenstone belts in Canada with numerous drill-ready high-grade gold targets. The gold-rich Committee Bay Greenstone Belt is located 180 km northeast of the of Agnico Eagle’s Meadowbank gold mine. The Three Bluffs deposit is geologically comparable, with similar grades, type of mineralization and age as Meadowbank and Meliadine Gold Deposits. The Company holds 100% interest in 483,564 acres along the 300 km long belt and has identified 5 distinct exploration centres, focusing in on the Three Bluffs deposit.
The deposit comprises a current NI 43-101 compliant resource of 4.30 Mt at 4.90 g/t gold for 678,000 oz gold (Indicated) and 4.53 Mt at 5.69 g/t gold for 829,000oz gold (Inferred). The deposit is hosted within a ~50 metre wide, steeply dipping Banded Iron Formation unit which can be traced for over 10 km.
Please click here to go to our Three Bluffs Gold Project page.
Location Map of Nunavut, Canada
Total Mineral Resource Inventory*
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Project and Category |
Tonnes
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Au (g/t)
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Au (oz)
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Indicated Resource: |
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Three Bluffs ** |
4,300,000
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4.90
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678,000
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Inferred Resource: |
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Three Bluffs** |
4,530,000
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5.69
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829,000
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*tonnes, ounces and pounds rounded to nearest thousand
**using a 2.5 g/t Au block cut-off grade for Underground and 1.35 g/t Au block cut-off grade for Open Pit.
For further information on the Three Bluffs resource see NCG press release dated April 4, 2012.
More Information:
Contact Information:
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Edmonton Office:
220, 9797 45th Avenue
Edmonton AB, Canada, T6E 5V8
Phone: 780.437.6624
Fax: 780.439.7308
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Vancouver Office:
1280, 885 West Georgia Street
Vancouver BC, Canada, V6C 3E8
Phone: 604.681.8780
Fax: 604.681.8775
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Email: info@northcountrygold.com
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