NORTH COUNTRY GOLD JOINS OTCQX
September 6, 2012, Edmonton, Alberta – North Country Gold Corp. (NCGDF: OTCQX; NCG: TSX-V) (NCG or the “Company”) today announces that it is now trading, as of September 6, 2012, in the United States on the highest OTC marketplace, the OTCQX®. The OTCQX® is operated by OTC Markets Group Inc. (OTCM:OTCQX), operator of Open, Transparent and Connected financial marketplaces.
North Country Gold began trading today on the OTC market’s prestigious tier, OTCQX International, under the symbol “NCGDF”. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on http://www.otcmarkets.com/stock/NCGDF/quote .
“We are very pleased to join the OTCQX”, stated John Williamson, President & CEO. “We feel this will further increase North Country Gold’s profile with new private and institutional investors in the United States and we look forward to communicating our exciting progress as we advance the Three Bluffs gold deposit and continue to build our ounces of exceptionally high-grade gold.”
Dorsey & Whitney LLP will serve as North Country Gold’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for investors to easily trade almost 10,000 equity and debt securities through the broker of their choice. Our OTC Link® ATS directly links a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into tiered marketplaces to inform investors of opportunities and risks - OTCQX® - The Intelligent Marketplace for the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC Pink® - The Open Marketplace. Our data-driven platform enables efficient trading through any broker at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create smarter financial marketplaces, visit www.otcmarkets.com .
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. (NCGDF: OTCQX; NCG: TSX-V) 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
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