Aris Mining Corp (ARMN)

[geodan]

Newmarket PRs massive drilling news

My experience is that news this big is underestimated by the market, that you can buy after the news



VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/20/16 -- Newmarket Gold(NMKTF) ("Newmarket" or the "Company") (OTCQX:NMKTF) is pleased to announce further positive results from four surfaced-based drill holes (4,326 meters (m)) from the Company's growth exploration programs targeting the Lower Phoenix gold system at Fosterville Gold Mine, State of Victoria, Australia. The Company is also pleased to report a further 96 underground, near mine delineation drill holes (22,799m), which continue to return significant intercepts containing high-grade visible gold mineralization. Underground drilling continues to focus on further defining near mine gold targets on the Phoenix, Lower Phoenix, Lower Phoenix Footwall (LPFW), East Dipping, Kestrel and Eagle Faults. Recent drill results continue to support the potential to expand Fosterville's Mineral Resources and Reserves and confirm continuity of mineralization up-plunge (north) and down plunge (south) on the Lower Phoenix gold system.

Highlights and Key Drill Intercepts from Underground Near Mine Drilling at Fosterville Gold Mine:

During definition drilling, Newmarket discovered a new west dipping lode within the Lower Phoenix Footwall structure intersecting significant high-grade gold mineralization including 194 g/t Au(1)over 14.3m (ETW 3.07m) in hole UDH1643 (Including 1,134 g/t Au(1)over 2.3m [ETW 0.5m]), 75.73 g/t Au(1)over 23.3m (ETW 5.41m) in hole UDH1648 (Including 1,058 g/t Au(1)over 1.35m [ETW 0.15m]) and 19.97 g/t Au(1)over 8.15m (ETW 7.7m) in hole UDH1729.
Eagle Fault System underground definition drilling continues to return high-grade mineralization containing visible gold. The high-grade Eagle Fault System has now been defined over a strike length of 700m and vertical extent of 330m. Key drill intercepts include 283 g/t Au(1) over 3.0m (ETW 2.8m) in hole UDH1584 (Including 526 g/t Au(1)over 0.55 m [ETW 0.4m] and 665 g/t Au(1)over 0.8m [ETW 0.7m]), 155g/t Au(1)over 2.2m (ETW 1.93m) in hole UDH1590 (Including 1,050 g/t Au(1) over 0.3 m [ETW 0.2m]) and 101 g/t Au(1)over 1.45m (ETW 1.1m) in hole UDH1815.
Drilling of the East Dipping Faults continue to intersect significant high-grade gold mineralization including 16.52 g/t Au over 5.1m (ETW 4.03m) in hole UDH1581 and 7.02 g/t Au over 4.8m (ETW 4.13m) in hole UDH1691.

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To view a PDF of the tables and figures as referenced in this press release please go to the following link:

http://media3.marketwire.com/docs/newmarket_gold_sep20_tables1-2.pdf

http://media3.marketwire.com/docs/newmarket_gold_sep20_figures1-5.pdf