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2012

NORTH COUNTRY CONTINUES THREE BLUFFS GOLD DEPOSIT EXPANSION

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Highlights from wide-spaced exploration drilling below deposit include: 11.95 g/t gold over 9.00 metres;
7.71 g/t gold over 6.00 metres and 4.81 g/t gold over 7.00 metres


June 4, 2012, Edmonton, Alberta – North Country Gold Corp. (NCG: TSX-V) (NCG or the “Company”) today announces results for a further five drill holes from the 2012 spring drilling program at its 100% owned Three Bluffs Gold Project in the Committee Bay Greenstone Belt located northeast of Baker Lake, Nunavut, Canada. Results from wide-spaced exploration drilling, including 11.95 g/t Au over 9.00 metres, 7.71 g/t Au over 6.00 metres and 4.81 g/t Au over 7.00 metres, extend high-grade mineralization to depth beneath the current NI 43-101 compliant resource of 4.30 Mt at 4.90 g/t gold for 678,000 ounces gold (indicated) and 4.53Mt at 5.69 g/t gold for 829,600 ounces gold (inferred).

 “Combined with previously released results from our 2012 drilling, these latest results further support our goal of significantly expanding the size and improving grade of Three Bluffs below current resources”, stated John Williamson, President and CEO of North Country Gold, “We are very pleased with the continuity and grade of mineralization in these new wide-spaced intersections and confident that we are moving towards a threshold which will allow us to consider an economic evaluation of the project”, added Mr. Williamson.

The five drill holes in this release targeted the depth extension of the eastern and western portion of the Three Bluffs zone. All holes intersected significant grades and widths and assay results are provided in Table 1.  Mineralization remains open in a down dip direction. True widths are estimated to be 50-60% of intersect length. 

Table 1. Results June 4, 2012

Drill Hole
From (m)
To (m)
Width (m)
Au (g/t)
12TB137
297.00
298.00
1.00
3.59
 
374.00
383.00
9.00
11.95
 
417.00
419.00
2.00
2.12
 
422.00
422.61
0.61
5.45
12TB139
258.00
259.00
1.00
2.76
 
261.00
262.00
1.00
2.38
 
356.00
364.00
8.00
3.73
including
362.00
364.00
2.00
9.26
 
444.00
447.00
3.00
2.10
 
475.00
478.00
3.00
1.80
 
494.00
496.00
2.00
1.98
12TB140
480.00
483.00
3.00
1.31
 
491.00
501.00
10.00
2.06
including
493.00
495.00
2.00
5.19
12TB141B
430.00
453.00
23.00
2.25
including
434.00
441.00
7.00
4.81
or
434.00
436.00
2.00
8.14
and
440.00
441.00
1.00
14.70
12TB142
304.00
310.00
6.00
7.71
including
307.00
310.00
3.00
14.97

The current released drill hole is part of the 2012 spring drill program at Three Bluffs which is planned to test the potential beneath the current resource area. Drilling is targeting high-grade gold mineralization over a strike length of 1,200 metres and a vertical extent of 300 metres from the interval between 300 and 600 metres below surface.

Notes:

Resource estimates were prepared by Dave Rennie, P.Eng., an independent Qualified Person with resource consultants Roscoe Postle Associates Inc.  in accordance with Canadian regulatory requirements set out in NI 43-101 and CIM resource definitions.

Mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mineability, selectivity, mining loss and dilution. These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied.

Three Bluffs Gold Deposit

The Three Bluffs gold project is a structurally controlled lode gold system hosted within oxide facies iron formation and greywackes. The deposit currently hosts a NI 43-101 compliant resource of 4.30 Mt at 4.90 g/t gold for 678,000 ounces gold (indicated) and 4.53Mt at 5.69 g/t gold for 829,600 ounces gold (inferred). Prior to 2012, gold mineralization was drill tested at shallow levels to evaluate open-pittable resource potential along a strike length of 4.2 kilometres. The eastern 1.3 kilometres of the trend is currently the focus of underground resource development and recent drilling has reached depths of 500 metres below surface with mineralization remaining strong and open to depth. Geological modeling of the Three Bluffs gold system has identified several controls on high-grade mineralization including steep east plunging shoots and shallow east plunging fold hinges within iron formation.

About North Country Gold Corp.

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 180km 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 the Meliadine gold deposits. The Company holds 100% interest in 530,630 acres along the 300km long belt and has identified 5 distinct mineral development centers, focusing in on the Three Bluffs deposit.  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 - Standards of Disclosure for Mineral Projects.  A detailed description of North Country Gold Corp.’s QA/QC program is provided on the Company’s website at www.northcountrygold.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
Corporate Secretary & Vice President of Corporate Development
Email: [email protected]
Tel: 604-697-2861

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