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News
13.05.2010
Novus Gold Corp.: Wide Gold Zone Expanded at Ren Gold Property
Novus Gold Corp.: Wide Gold Zone Expanded at Ren Gold Property
May 12, 2010, Novus Gold Corp. (TSX-V:NOV) is pleased to provide an update on its ongoing exploration program on the REN gold property in the Northwest Territories. This program currently consists of drilling with one diamond drill and the sampling of core from previous drill programs carried out by Cominco, Westview and Texasgulf.
The following gold intercepts were obtained from the sampling of core from the previous operators drilling. The results continue to expand the potential of the previously unrecognized wide, low grade gold zone.
To view the table, please follow the link:
http://www.novusgold.com/s/NewsReleases.asp?ReportID=399357&_Type=News-Releases&_Title=Wide-Gold-Zone-Expanded-At-Ren-Gold-Property
Samples were collected from each of the holes using a rock saw, quartered drill core for previously sampled sections and halved core along sections that were not previously sampled. Samples were securely packaged and shipped directly to ALS Laboratory in North Vancouver or Yellowknife.
These drill holes are spread along a strike length of approximately 225 metres.
Mike Magrum, PEng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.
For further information visit the company's website at www.novusgold.com or contact Ryan Johnson, Investor Relations, at 1-604-688-0335.
On behalf of the board of directors of
NOVUS GOLD CORP.
“Mike Magrum”
Mike Magrum, President
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
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May 12, 2010, Novus Gold Corp. (TSX-V:NOV) is pleased to provide an update on its ongoing exploration program on the REN gold property in the Northwest Territories. This program currently consists of drilling with one diamond drill and the sampling of core from previous drill programs carried out by Cominco, Westview and Texasgulf.
The following gold intercepts were obtained from the sampling of core from the previous operators drilling. The results continue to expand the potential of the previously unrecognized wide, low grade gold zone.
To view the table, please follow the link:
http://www.novusgold.com/s/NewsReleases.asp?ReportID=399357&_Type=News-Releases&_Title=Wide-Gold-Zone-Expanded-At-Ren-Gold-Property
Samples were collected from each of the holes using a rock saw, quartered drill core for previously sampled sections and halved core along sections that were not previously sampled. Samples were securely packaged and shipped directly to ALS Laboratory in North Vancouver or Yellowknife.
These drill holes are spread along a strike length of approximately 225 metres.
Mike Magrum, PEng, a qualified person under National Instrument 43-101, has approved the technical content of this news release.
For further information visit the company's website at www.novusgold.com or contact Ryan Johnson, Investor Relations, at 1-604-688-0335.
On behalf of the board of directors of
NOVUS GOLD CORP.
“Mike Magrum”
Mike Magrum, President
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA67010Y1025">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA67010Y1025</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.