NORTH COUNTRY GOLD CORP COMPLETES INFRASTRUCTURE UPGRADES AT THREE BLUFFS PROJECT
Sept 26, 2011, Edmonton, Alberta – North Country Gold Corp. (NCG: TSX-V)(NCG or the “Company”) is pleased to announce it has completed infrastructure upgrades at its 100% owned Three Bluffs Deposit, north of Baker Lake, Nunavut.
Camp infrastructure improvements at the Three Bluffs project include upgrading the camp to a modern 100 man facility including installation of leading edge power generation, kitchen, washroom facilities, waste water treatment and incinerator equipment. The construction of a 3,300 foot gravel airstrip, bulk fuel handling facilities and two 3,800 square foot sprung structures to serve as future shop and core processing facilities, are also nearing completion.
NCG has also installed a state of the art, all-season, automated water supply system to provide water for drilling along the 4.1 kilometre Walker Lake Trend hosting the Three Bluffs, Antler and Hayes gold system.
The project management, engineering, procurement and construction of the infrastructure upgrades at the Three Bluffs project were completed by JDS Energy & Mining, Inc. ("JDS") of Vancouver and Kelowna, B.C., Canada during January to August of 2011.
“The scale of the infrastructure upgrades to the Three Bluffs project reflect our belief in the viability of the project to deliver an economic gold resource in the future” stated John Williamson, President and CEO of NCG. “The upgrades will not only allow us to ramp-up drilling and exploration activities in future campaigns, but will allow us to do so in a more efficient and cost effective manner. The fully automated, all season system to supply the drills with water will allow NCG to effectively extend the drilling season, both earlier in the spring and later into the fall when freezing conditions have traditionally precluded the use of conventional water line systems” added Mr. Williamson.
The Three Bluffs Gold Project currently hosts an indicated resource of 508,000 ounces (2,700,000 tones at 5.85 g/t Au) and an additional inferred resource of 244,000 ounces (1,270,000 tones at 5.98 g/t Au) at the Three Bluffs deposit which remains open to the west and to depth. The deposit occurs at the eastern end of a package of auriferous iron formation bearing supracrustral rocks (Walker Lake Trend) that has been traced at least five kilometres west, which the spring 2010 drilling has indicated may be continuously mineralized. North Country Gold Corp. believes that significant potential exists along the Walker Lake Trend and has developed a strategy to indentify additional near surface open-pittable gold resources along the strike length of the trend. This will incrementally add to the existing high grade resource inventory underpinned by Three Bluffs deposit.
North Country Gold Corp. controls one of the largest under explored greenstone belts within Canada, and has numerous drill ready high grade gold targets, in addition to those at Three Bluffs. The gold-rich Committee Bay Greenstone Belt is located approximately 300 kilometres north of Baker Lake within Nunavut Territory, Canada. North Country Gold Corp. is the 100% beneficial owner of the mineral rights to approximately 557,323 acres (225,569 hectares) of land comprising 216 active mineral claims and 14 mineral leases.
North Country Gold Corp. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Peter Kleespies, M.Sc., P. Geol. who is the Qualified Person as defined by NI 43-101. A detailed description of North Country Gold Corp.’s QA/QC program is provided on the Company’s website at www.northcountrygold.com.
North Country Gold Corp. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.
On behalf of the Board
North Country Gold.
/s/"John Williamson"
For more information on North Country Gold, please visit the company’s website: www.northcountrygold.com or contact:
Brian Budd
Tel: 604.697.2861
VP of Corp. Development and Director
Email: [email protected]
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 release.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. Although the company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com
